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 › Banjo Blvd
$785,000
Last sold
2 July 2026
4
Bedrooms
2
Bathrooms
2
Car spaces
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
$785,000
2 July 2026 · derived via latest_sale
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
+16.3%
Median sale
Suburb $675,000
-0.61 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 498 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 498 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 Sweeney Estate Agents Caroline SpringsPerfectly positioned in the sought-after Fraser Rise community, this stunning brand new single-level residence at 14 Banjo Boulevard delivers the ideal combination of modern comfort, spacious family living and effortless entertaining. This beautifully designed home offers versatility, style and functionality for growing families, first home buyers and investors alike.
Built by award-winning Metricon Homes, renowned as one of Australia's largest and most trusted residential builders, this thoughtfully designed family home showcases quality craftsmanship, functional modern living and the added confidence of a lifetime structural warranty.
Boasting a thoughtfully designed floorplan, the home features four spacious bedrooms including a privately positioned master suite complete with large walk-in robe and ensuite. The remaining bedrooms are serviced by a central bathroom and separate toilet, creating ideal family convenience.
At the heart of the home, the expansive open-plan kitchen, dining and family zone provides the perfect space to gather and entertain. The modern kitchen is complemented by a walk-in pantry, island bench and ample storage, seamlessly connecting to the light-filled living area and flowing out to the covered alfresco area ideal for year-round entertaining with family and friends.
Adding further flexibility, a separate sitting/lounge room at the front of the home creates the perfect second living area, kids retreat, home office or media room. Complemented by a dedicated study nook/alcove ideal for working from home, studying or day-to-day organisation.
Walking distance to Plumpton Primary School, Community Centre, the soon-to-be-completed Aquatic and Leisure Centre, and Future Major Town Centre.
Additional features include:
• Brand new turnkey home
• Four spacious bedrooms
• Multiple living zones
• Dedicated study nook/alcove
• Master bedroom with walk-in robe & ensuite
• Open-plan kitchen, dining & family area
• Walk-in pantry
• Covered alfresco/outdoor entertaining area
• Ducted heating & evapourative cooling
• Quality appliances, stone bench tops, floor-to-ceiling tiles, matte black tapware, and much more...
• Double garage with internal access
• Separate laundry with external access
• Ideal and flexiable layout for growing families
Set in the highly sought-after Fraser Rise community, this home offers convenient access to local schools, parks, shopping centres and public transport, making it an outstanding opportunity for families, first home buyers and investors alike.
Secure a quality-built brand new home with the peace of mind that comes with purchasing from a nationally recognised builder in a thriving family-friendly location.
Enquire today for further details, inspections, floorplans and updates.
Please contact Brandon Day on 0403 347 883 and Dale Day on 0422 866 747 we would be more than happy to be of assistance!
Sweeney "we know west"
(Photo ID is Required at all Open For Inspections)
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. Images are for illustrative purposes only and may not accurately reflect the final property; we recommend a physical inspection to confirm all details.
Listing description written by Brandon Day, Sweeney Estate Agents Caroline Springs — reproduced as published, not verified by Districts.