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 › Serra Way
$900,000
Last sold
10 June 2026
5
Bedrooms
2
Bathrooms
2
Car spaces
481 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
$900,000
10 June 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
+33.3%
Median sale
Suburb $675,000
-1.10 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 163 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 163 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 YPA Caroline SpringsDiscover an exceptional opportunity to secure a refined, custom-built family residence in one of Fraser Rise's most sought-after pockets. Beautifully appointed and thoughtfully designed, this impressive home showcases a seamless fusion of generous proportions, contemporary elegance, and everyday functionality. A versatile floorplan paired with effortless indoor–outdoor flow is enhanced by premium finishes throughout, delivering a home of undeniable style and substance.
Property Highlights
• Expansive master retreat featuring a walk-in robe and a private ensuite with double vanity, floor-to-ceiling tiles, and a stone benchtop
• Four additional spacious bedrooms, ideal for growing or extended families (one currently configured as a fully functional hair salon-perfect for a home business)
• Dedicated spacious study nook, ideal for remote work or study
• Light-filled open-plan kitchen, meals, and family zone designed for modern living
• Kitchen equipped with ample storage, 40mm Caesarstone benchtops, mirrored splashback, butler's pantry, 900mm freestanding oven with electric cooktop, rangehood, dishwasher, and double sink
• Centrally located family bathroom with separate shower and bathtub, complemented by stone benchtops and floor-to-ceiling tiles
• Comfort and convenience assured with ducted heating, evaporative cooling, reverse-cycle split system, hybrid flooring, high ceilings and doors, square-set cornices, electric roller shutters, water tank, and garden shed
• Enclosed alfresco area, perfect for year-round entertaining
• Beautifully landscaped front and rear gardens offering ample space for children and pets
• Double remote-controlled garage with internal access
• The potential rental income is $31,285.71 per annum ($600.00 per week) with always a strong demand for this location
Perfectly positioned, you'll enjoy easy access to scenic parklands, sporting facilities including George Cross FC, reputable schools such as Springside West Secondary College, local shopping at IGA, and major retail hubs including Watergardens and CS Square, along with convenient public transport options. Opportunities of this calibre in such a prime location are rare. Combining space, style, and superb convenience, this is a home that truly stands out-don't miss your chance to secure a standout family lifestyle.
(Photo ID is Required at all Open For Inspections, Prior to Entry)
At YPA Caroline Springs "Our Service Will Move You"
DISCLAIMER: Every precaution has been taken to establish the accuracy of the above information but it does not constitute any representation by the vendor or agent/agency. Garden images are artist's impression and are for illustrative purposes only.
Listing description written by Andrew Migliorisi, YPA Caroline Springs — reproduced as published, not verified by Districts.