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VIC › Fraser Rise › Granite Cres

17 Granite Cres, Fraser Rise VIC 3336

For saleHouse for Sale

$750,000

For sale

Asking

4

Bedrooms

2

Bathrooms

2

Car spaces

320 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $750,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $750,000(Listing record · 9 July 2026)
  • FactLand 320 m²; no building size recorded.(Property record)
  • CalculationAsk is 11% above the Fraser Rise median recorded sale ($675,000, n=188, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Fraser Rise's advertised median rent ($570/wk), implied gross yield would be 3.95% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$750,000

Asking · $2,344/m² of land

No recorded sale for this property.

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.

See the full Fraser Rise report →

Vs Fraser Rise

+11.1%

Median sale

Suburb $675,000

-0.44 pp

Gross yield

Suburb 4.39%

Suburb median $675,000 from 188 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$750,000
Stamp Duty (Victoria)
$40,070
Transfer/Registration Fee
$1,859
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$795,629

$45,629 on top of the price (6.1% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Fraser Rise's advertised median rent — not a rent for this listing.

Net yield
2.45%
Annual cashflow (pre-tax)
$-20,610
Interest cover (DSCR)
0.47
Annual rent
$29,640
Operating expenses
$11,250
Loan amount
$600,000
Annual interest
$39,000
Gross yield
3.95%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$750,000available9 July 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 4.0%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

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.”

Read more

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

What is known for this property

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.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Fraser Rise in one glance

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.

See the full Fraser Rise report →

Keep researching

  • Why Fraser Rise? Read the area thesis →
  • What else is on the market in Fraser Rise →
  • Other records on Granite Cres →

Listing material

Listed by REDDY G Real Estate

🏡 CONTEMPORARY FAMILY LIVING | PREMIUM TURNKEY HOME | MODERN STYLE & QUALITY FINISHES

Akhil Pothu from Reddy G Real Estate proudly presents 17 Granite Crescent, Fraser Rise-a beautifully crafted turnkey residence that perfectly blends contemporary design, premium inclusions, and everyday functionality. Nestled within one of Melbourne's fastest-growing and most desirable communities, this exceptional home presents an outstanding opportunity for first-home buyers, growing families, downsizers, and astute investors looking for a move-in-ready property with nothing left to do.

Designed with comfort and practicality in mind, this impressive home offers four spacious bedrooms, two stylish bathrooms, a light-filled open-plan living and dining area, and a double remote garage, delivering a seamless lifestyle for modern families.

The heart of the home is the stunning designer kitchen, featuring quality stainless-steel appliances, stone benchtops, ample cabinetry, generous preparation space, and a striking bulkhead ceiling that adds a touch of sophistication. Overlooking the spacious living and dining area, the kitchen creates the perfect space for everyday family living and effortless entertaining.

Read the full description

The generous master suite offers a peaceful retreat, complete with a walk-in robe and a beautifully appointed private ensuite. The remaining bedrooms are all fitted with built-in robes and are serviced by a contemporary central bathroom featuring floor-to-ceiling tiles and premium finishes.

Premium upgrades continue throughout the home, including LED mirrors, downlights, quality window furnishings, landscaped gardens, and stylish fixtures that enhance both comfort and visual appeal.

Outside, you'll find fully landscaped front and rear gardens designed for low-maintenance living, allowing you to spend more time enjoying your home and less time maintaining it. Whether entertaining family and friends or simply relaxing outdoors, this home offers the perfect balance of functionality and lifestyle.

✨ Property Features

✔️ Brand-new turnkey home with premium inclusions throughout

✔️ Four spacious bedrooms with built-in robes

✔️ Master bedroom with walk-in robe and private ensuite

✔️ Two modern bathrooms with floor-to-ceiling tiles

✔️ Designer kitchen with stone benchtops and feature bulkhead ceiling

✔️ Quality stainless-steel appliances

✔️ Spacious open-plan living and dining area

✔️ Double remote garage with internal access

✔️ LED mirrors in bathrooms

✔️ Downlights throughout the home

✔️ Quality blinds throughout

✔️ Fully landscaped front and rear gardens

✔️ Low-maintenance lifestyle

✔️ Premium fixtures and finishes throughout

✔️ Move-in ready with nothing further to spend

Ideally positioned in the heart of Fraser Rise, this exceptional home is conveniently located close to quality schools, childcare centres, parklands, local shopping centres, public transport, and major road networks, offering the perfect combination of lifestyle, convenience, and future growth.

Whether you're purchasing your first home, upgrading your family's lifestyle, or expanding your investment portfolio, 17 Granite Crescent, Fraser Rise is a fantastic opportunity to secure a quality-built home in one of Melbourne's most exciting and rapidly growing communities.

📞 For further information or to arrange your inspection, contact:

Akhil Pothu

0449 935 536

Photo ID is required for all Open for Inspections.

Please see the Due Diligence Checklist:

https://www.consumer.vic.gov.au/duediligencechecklist

DISCLAIMER: All stated dimensions are approximate. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent. Interested parties should make their own enquiries and satisfy themselves as to the accuracy of the information provided.

Listing description written by Akhil Pothu, REDDY G Real Estate — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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