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 › Petunia Way
$760,000
Last sold
23 June 2026
5
Bedrooms
2
Bathrooms
2
Car spaces
400 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
$760,000
23 June 2026 · derived via latest_sale
Local land rate: recorded House sales in Fraser Rise (last 5 years) with land size have a median of $2,053/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
+12.6%
Median sale
Suburb $675,000
-0.49 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 401 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 401 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 Ray White West RealtyMatthew and the team at Ray White West Realty are proud to present 20 Petunia Way, Fraser Rise, a beautifully designed north facing residence that perfectly combines modern family living, premium finishes and everyday practicality on a generous 400m² allotment. Thoughtfully crafted to accommodate growing families, first home buyers and investors alike, this impressive single storey home delivers space, style and functionality in one complete package.
Comprising five spacious bedrooms, the home is highlighted by a luxurious master retreat complete with a walk in robe and a beautifully appointed ensuite featuring dual vanity sinks, creating a private and relaxing sanctuary for homeowners. The remaining bedrooms are generously proportioned and serviced by a stylish central bathroom complete with a bathtub, ideal for growing families and everyday convenience.
At the heart of the home lies a stunning open plan kitchen, living and dining domain designed for seamless entertaining and comfortable family living. The kitchen is sure to impress, showcasing a waterfall stone island bench, quality 900mm appliances and a spacious walk in pantry, all complemented by downlights throughout that enhance the home's modern aesthetic on soaring high 2.7m ceilings. A separate formal lounge provides an additional living zone, perfect for entertaining guests or creating a private retreat for the family.
Seamlessly extending outdoors, the alfresco area creates the ideal indoor outdoor connection, offering the perfect setting for year round entertaining. Further enhancing the home's appeal are ducted heating, split system heating and cooling, security cameras and an alarm system, ensuring year round comfort, security and peace of mind.
Positioned within one of Fraser Rise's most sought after family friendly pockets, 20 Petunia Way presents an exceptional opportunity to secure a move in ready home that effortlessly balances comfort, quality and lifestyle appeal.
Key Features Include:
• North facing 400m² allotment
• Five spacious bedrooms
• Master bedroom with walk in robe and dual vanity ensuite
• Central family bathroom with bathtub
• Open plan kitchen, living and dining area
• Formal lounge area
• Waterfall stone island bench
• 900mm kitchen appliances
• Soaring high 2.7m ceilings
• Spacious walk in pantry
• Alfresco for outdoor entertaining
• Downlights throughout
• Ducted heating
• Split system heating and cooling
• Security system and alarm system
• Double remote garage
• Single storey family home designed for practical modern living
*PHOTO ID REQUIRED AT ALL OPEN FOR INSPECTIONS. WE HAVE THE RIGHT TO REFUSE ENTRY SHOULD A PHOTO ID NOT BE PROVIDED* - Refer to our privacy statement for more information.
We make no representation or warranty as to the accuracy, reliability or completeness of the information relating to the property. Some information has been obtained from third parties and has not been independently verified. Accordingly, no warranty, representation or undertaking, whether express or implied, is made and no responsibility is accepted by us as to the accuracy of any part of this, or any further information supplied by or on our behalf, whether orally or in writing.
No entity or person guarantees the performance of the property. The information is general information only and any examples given are for illustrative purposes. The information does not take into account your individual objectives, financial situation or needs. We recommend that you obtain financial, legal and taxation advice before making any decision. Any price is not a valuation and should not be relied on or treated as such. Prices, if indicated, have been estimated based on recent market evidence in the locality for comparable properties, to the extent available. Prices may not include GST
Listing description written by Matthew Farrugia, Ray White West Realty — reproduced as published, not verified by Districts.