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 › Taradale Cres
$1,260,000
Last sold
22 Apr 2022
5
Bedrooms
3
Bathrooms
2
Car spaces
512 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
$1,260,000
22 Apr 2022 · 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
+86.7%
Median sale
Suburb $675,000
-2.04 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 12,966 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. Official parcel about 12,966 m² — land size can look like optionality. What reduces it: INFRASTRUCTURE CONTRIBUTIONS OVERLAY - SCHEDULE 1; DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack. 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 12,966 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?
KnownlowOfficial parcel about 12,966 m² — land size can look like optionality. What reduces it: INFRASTRUCTURE CONTRIBUTIONS OVERLAY - SCHEDULE 1; DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.
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 White Knight Estate Agents Burnside(5 bedrooms including 2 Masters, One downstairs, Main upstairs, Formal lounge, Study nook, Upstairs retreat, Fully decked and landscaped backyard, Massive walk in pantry, premium range fittings and fixtures, great location)
Look no further!
One of the finest RIDGEWATER HOMES craftsmanship from their luxury range has just hit the market for one lucky family. Sitting pretty and situated just off Beattys road and close to Melton highway, local shops, this luxury display home is immaculately presented and perfectly built to the highest industry standards and is defined by contemporary elegance with spectacular architecture, this one-of-its kind nestle showcases lavish proportions and opulent finishes with a free flow plan
Impeccably offering:
DOWNSTAIRS
• Expansive entrance with extra wide timbre floor, soaring ceilings and high-grade tiles flooring introduces a extravagant home
• Spacious study or work from home arena
• Visiting parents/guests or two families living together would be delighted to have this master bedroom with walk in robe and en-suite at the ground level
• A stunning and well-appointed modern kitchen , overlooking backyard through large glass doors, premium range kitchen appliances including gas cook top, dishwasher, extra wide stone bench top, soft close cabinetry delight the chef-de-cuisine
• Spacious walk-in pantry is a great happiness booster as well
• Ground to wall fitted shelving
• Large family can dine together with comfort at this massive meal zone
• Powder room
• Spacious laundry
• Oversize double car garage with high ceiling and internal access
• Stack able doors with quality sheers open to a resort type backyard with an expansive work of timber decking for your family to enjoy
UPSTAIRS
• Sweeping extra wide stairs with quality glass and handrails take you to the upper arena
• Large master with private balcony, designer walk-in robe and en-suite and quality carpet flooring
• Large upstairs family retreat area proves free flow floor plan throughout
• Mini room sized designer en-suite is graced with wall-to-wall tiles and double vanities on stone bench top
• 3rd & 4th bedrooms with walk in robe and 5th bedroom with built in mirror robe, all with quality carpet
• Rear room serviced by main bath with double vanities
• Walk in storage
• Spacious study zone
Professionally managed front and spacious backyard for your hassle free living, close proximity to Melton highway, Watergardens station and shopping center 10 mnts drive, schools and reserve make this home a desirable address
With all the prime boxes ticked, be sure to inspect this beauty early!
Please call RAJ BAKSHI or DIMITRI ALEXO for your private inspection today!
Every care has been taken to verify the accuracy of the details in this advertisement, however we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves of any pertinent matters
Listing description written by Raj Bakshi, White Knight Estate Agents Burnside — reproduced as published, not verified by Districts.