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 › Granite Cres
$720,000
Last sold
5 Aug 2026
4
Bedrooms
2
Bathrooms
2
Car spaces
343 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
$720,000
5 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 $2,047/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
+6.7%
Median sale
Suburb $675,000
-0.27 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 344 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 344 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 Bal Real Estate TruganinaGagan Kaur from Bal Real Estate Welcomes you to 10 Granite Crescent, Fraser Rise - a beautifully designed brand-new residence that perfectly blends modern elegance, premium upgrades, and everyday practicality. Positioned in one of Fraser Rise's rapidly growing and family-friendly locations, this stunning home presents an exceptional opportunity for first home buyers, growing families, and investors alike.
The moment you step inside, you're greeted with an abundance of natural light, spacious interiors, and a warm, welcoming atmosphere. Featuring 4 generously sized bedrooms, including a luxurious master suite with a private en-suite and walk-in robe, this home caters to every family's needs. A striking bulkhead ceiling greets you at the entrance, setting the tone for the refined interiors that follow. The expansive open-plan living and dining area is enhanced by refrigerated heating and cooling, ensuring year-round comfort.
At the heart of the home lies a beautifully appointed kitchen with stone benchtops, quality stainless steel appliances, and a walk-in pantry-ideal for home chefs and entertainers alike. The open-plan living and dining area flows effortlessly to an outdoor alfresco, perfect for weekend BBQs or relaxed family evenings.
Key Features include :
• 4 Spacious Bedrooms with the master featuring an En-suite and walk-in robe for ultimate privacy
• Additional bedrooms with built-in robes, serviced by a stylish central bathroom and separate toilet
• High ceilings for a sense of space
• 2 Designer Bathrooms and one Powder room with Premium Finishes.
• High ceilings for a sense of space
• Linen space for extra storage
• Upgraded, stylish kitchen with butler pantry.
• Soft-closing cabinetry for a sleek finish
• Bulkhead feature over the kitchen island bench and on the entrance.
• Impressive upgraded main door entry for added curb appeal
• Sleek aggregate driveway adding a touch of sophistication
• Luxurious tiles throughout the house & Hybrid Flooring in the rooms .
• Refrigerated Heating & Cooling
• Double Remote-Control Garage
• Low-Maintenance Landscaped Backyard & Front yard.
Perfectly located close to all essential amenities and future developments, this home offers unmatched convenience and lifestyle appeal.
Location Highlights:
Close to upcoming shopping centre developments
Approx. 5 minutes to Caroline Springs Shopping Centre
Approx. 3km to Watervale Shopping Centre
Approx. 10 minutes to Caroline Springs Train Station
Approx. 6 minutes to Kororoit Creek Primary School
Easy access to Western Freeway and major arterial roads
Approx. 23km to Melbourne CBD
Surrounded by parks, schools, childcare facilities, and public transport
Stylish, spacious, and superbly located - this brand new home won't last long!
Call Gagan Kaur on 0482 019 028 to arrange an inspection as this one won't last long.
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 Check List:
http://www.consumer.vic.gov.au/duediligencechecklist.
Listing description written by Gagan Kaur, Bal Real Estate Truganina — reproduced as published, not verified by Districts.
Also look at
9 Granite Cres, Fraser Rise VIC 3336
4-bed house for sale. Currently listed.
10 Gangur Way, Fraser Rise VIC 3336
4-bed house for sale. Currently listed.
6 Amazing Blvd, Fraser Rise VIC 3336
3-bed house for sale. Currently listed.
13 Cetona St, Fraser Rise VIC 3336
2-bed townhouse for sale. Asking $490K–$530K.