Fraser Rise at a glance
16,796
People
$675,000
Median sale
$570/wk
Median rent
4.39%
Suburb gross yield
Median sale from 188 recorded sales (last 12 months) — a Districts calculation.
VIC › Fraser Rise › Reservoir Rd
$760,000
Last sold
15 Aug 2026
4
Bedrooms
2
Bathrooms
2
Car spaces
387 m²
Land
Districts View
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$760,000
15 Aug 2026 · derived via latest_sale
Local land rate: recorded House sales in Fraser Rise (last 5 years) with land size have a median of $2,053/m² of land (n=96). Districts calculation from recorded sales — not a valuation.
Fraser Rise at a glance
16,796
People
$675,000
Median sale
$570/wk
Median rent
4.39%
Suburb gross yield
Median sale from 188 recorded sales (last 12 months) — a Districts calculation.
Vs Fraser Rise
+12.6%
Median sale
Suburb $675,000
-0.49 pp
Gross yield
Suburb 4.39%
Suburb median $675,000 from 188 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
URBAN GROWTH ZONE - SCHEDULE 11
UGZ11
Jurisdiction
Melton
Melton, VIC
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICZoned URBAN GROWTH ZONE - SCHEDULE 11 · UGZ11 (ZN). Official parcel area about 388 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. The listing may look cheap relative to land or the street. What reduces it: INFRASTRUCTURE CONTRIBUTIONS OVERLAY - SCHEDULE 1. Infrastructure or extractive overlay can explain a discount that land size does not. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $570/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned URBAN GROWTH ZONE - SCHEDULE 11 · UGZ11 (ZN). Official parcel area about 388 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownlowThe listing may look cheap relative to land or the street. What reduces it: INFRASTRUCTURE CONTRIBUTIONS OVERLAY - SCHEDULE 1. Infrastructure or extractive overlay can explain a discount that land size does not.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Fraser Rise at a glance
16,796
People
$675,000
Median sale
$570/wk
Median rent
4.39%
Suburb gross yield
Median sale from 188 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Top Edge Real EstateTop Edge Real Estate proudly presents you immaculate and luxuriously built North-East Facing brand new home. Just off the Taylors Road and 5 minutes drive to Caroline Springs shopping centre. This home offers 4 bedrooms, 2 bathrooms, 2 living and 2 Garage set in the sought after area in Fraser Rise is sure to impress any astute buyer.
Every inch of this residence has been thoughtfully upgraded to reflect a seamless blend of modern sophistication and functionality. It's a modern family home that ticks all the boxes when it comes to the quality of the highest standards along with a peace of mind when you build with one of the most recognized builders.
Immerse yourself in a lifestyle of grandeur with exquisite detailing and a design that seamlessly combines aesthetics with functionality. From the moment you step inside, you'll be greeted by a sense of luxury that defines every corner of this residence.
Key Features
# Modern Façade
# High Ceiling
# High Doors
# Designer Doors
# Master Bedroom with Ensuite & WIR
# Bedroom 2,3 & 4 with BIR
# LED Lights throughout
# Formal Lounge
# Study Nook
# 900 mm Appliances In Kitchen
# 60 mm Porcelain Stone In Kitchen, Laundry and Study
# Stone Splashback In Kitchen And Laundry
# Upgraded Kitchen With Ample Of Storage
# Dishwasher
# Soft Closing Throughout
# Walk in Pantry
# Spacious Living Area
# Refrigerated Cooling and heating
# Herringbone style hybrid flooring throughout
# Floor To Ceiling Tiles In Bathrooms
# LED Mirrors In All Bathrooms
# Brass Gold Tapware & Door Handles
# Remote controlled Garage
# Fully Landscaped with synthetic grass
# Concrete around the house
# Exposed aggregate driveway
# Much more !!
This new estate has an abundance of amenities in the pipeline, with local development plans. Watergardens train station is minutes' drive from this house with trains travelling to CBD express in just 29min. It's an effortless trip to the heart of Melbourne's CBD. It's also the perfect fit for active lifestyles, workout at one of the nearby sporting facilities, or start your day with a coffee at the local Shopping Centre - the choice is yours!
It is an address perfectly positioned for convenience and growth. A place where you will take pride in your community and where your neighbors will become your friends. If you are looking for convenience and comfort then look no further. This beautiful property can be yours. This property will sell quickly. Inspect now before it's GONE!
An opportunity like this is rare to come by and will not last long! To be a part of this exciting experience, living a balanced and active lifestyle at Aspire, please call Malhi on 0473 360 000 to find out more.
DISCLAIMER: All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent.
Please see the below link for an up-to-date copy of the Due Diligence Checklist:
http://www.consumer.vic.gov.au/duediligencechecklist
Listing description written by Malhi Amandeep, Top Edge Real Estate — reproduced as published, not verified by Districts.