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VIC › Fraser Rise › Bleeker Way

18 Bleeker Way, Fraser Rise VIC 3336

For saleHouse for Sale

$550,000–$605,000

For sale

Asking range

4

Bedrooms

2

Bathrooms

2

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $550,000–$605,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $550,000–$605,000(Listing record · 15 July 2026)
  • CalculationAsk is 19% below 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 5.39% — 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

$550,000–$605,000

Asking range

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

-18.5%

Median sale

Suburb $675,000

+1.00 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

Based on the low end of the asking range, not a contract price.

Purchase Price
$550,000
Stamp Duty (Victoria)
$28,070
Transfer/Registration Fee
$1,391
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
$583,161

$33,161 on top of the price (6.0% 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

Based on the low end of the asking range, not a contract price.

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

Net yield
3.89%
Annual cashflow (pre-tax)
$-7,210
Interest cover (DSCR)
0.75
Annual rent
$29,640
Operating expenses
$8,250
Loan amount
$440,000
Annual interest
$28,600
Gross yield
5.39%

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$550,000–$605,000available15 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 5.4%. 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 Bleeker Way →

Listing material

Listed by Sweeney Estate Agents Caroline Springs

Modern Elegance Over Two Spacious Levels

Sweeney Caroline Springs proudly presents this beautifully presented home, offering an outstanding opportunity for first home buyers looking to enter the ever-popular and highly sought-after Fraser Rise market, as well as downsizers and savvy investors seeking to expand their portfolio. Perfectly blending contemporary style with everyday functionality, this impressive residence spans two thoughtfully designed levels, delivering a low-maintenance lifestyle without compromising on comfort or quality. With Fraser Rise continuing to experience strong growth, this is an exceptional opportunity to secure a quality home in one of Melbourne's most desirable and rapidly developing communities.

The home comprises four generously sized bedrooms, fitted with built-in robes, while the spacious master suite serves as a private retreat, complete with a walk-in robe and a stylish ensuite. A sparkling central bathroom services the remaining accommodation with modern finishes and practicality. At the heart of the home is a light-filled open-plan kitchen, meals and living area, enhanced by large windows that flood the space with natural light. The contemporary kitchen is appointed with 900mm stainless steel appliances, stone benchtops and ample cupboard space, seamlessly flowing through to a private balcony-perfect for entertaining family and friends or simply relaxing in your own peaceful outdoor setting.

Additional features include high ceilings, heating and cooling, polished timber flooring, an oversized remote double garage with internal access and additional storage, plus beautifully landscaped, low-maintenance gardens that complete this outstanding package. 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.

Read the full description

Contact Glenn Grech on 0413 117 728 or Freddy Lay on 0415 082 375 today to arrange your inspection-we look forward to welcoming you at our next open for inspection.

Sweeney Estate Agents - "We Know West"

Caroline Springs' leading real estate agency

(Photo ID is required at all open for inspections) DISCLAIMER: Every precaution has been taken to establish the accuracy of the above information; however, it does not constitute any representation by the vendor or agent.

Listing description written by Glenn Grech, Sweeney Estate Agents Caroline Springs — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Alarm System
  • Balcony
  • Built-in Robes
  • Courtyard
  • Dishwasher
  • Ducted Heating
  • Ensuites: 1
  • Floorboards
  • Fully Fenced
  • Gas Heating
  • Outdoor Entertaining
  • Remote Garage
  • Rumpus Room
  • Secure Parking
  • Study
  • Toilets: 3

Also look at

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  • 6 Blade Circuit, Fraser Rise VIC 3336

    4-bed house for sale. Currently listed.

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  • 125 Enterprise Circuit, Fraser Rise VIC 3336

    4-bed house for sale. Asking $749K.

    For sale
Districts

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

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.