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 › Rowling St
$980,000
Last sold
7 Aug 2026
4
Bedrooms
2
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
$980,000
7 Aug 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
+45.2%
Median sale
Suburb $675,000
-1.37 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 1
UGZ1
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 1 · UGZ1 (ZN). Official parcel area about 513 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: DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1. This overlay can reduce what the land size appears to promise. 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 1 · UGZ1 (ZN). Official parcel area about 513 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: DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1. This overlay can reduce what the land size appears to promise.
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 Harcourts Greater MeltonIntroducing 21 Rowling Street, Fraser Rise, a custom architecturally designed ex-display home showcasing exceptional craftsmanship, premium finishes, and a level of luxury rarely found in Melbourne's west. Set on a generous 512sqm (approx.) land size and positioned directly opposite parkland, this impressive double-storey residence creates an unforgettable first impression with its stunning fully rendered façade, with the same attention to detail continuing throughout every space. Filled with natural light and featuring soaring high ceilings across both levels, the home has been thoughtfully designed to deliver a true sense of space, openness, and sophistication. Recently refreshed with a full internal and external repaint, the home presents in immaculate condition and is ready for its next owner to simply move in and enjoy.
Designed for modern family living and effortless entertaining, the home offers three separate living zones, including a formal lounge downstairs, a breathtaking open-plan kitchen, dining and living area, and a dedicated upstairs rumpus room. The kitchen is a true centrepiece, featuring a full waterfall stone benchtop with an extended island bench, 900mm appliances including dishwasher, a spacious walk-in butler's pantry, and exceptional storage. The main living area is enhanced by a striking feature wall with custom cabinetry and built-in ceiling speakers, creating the perfect environment for entertaining and everyday enjoyment. The outdoor entertaining area continues the premium feel with an undercover alfresco featuring premium tiles, ceiling fan, and a custom feature wall. Additional touches including sheer curtains, downlights throughout, and a private courtyard with decking complete the impressive entertaining spaces.
Accommodation is equally impressive, with four generously sized bedrooms, each featuring its own walk-in robe. The master suite is a true retreat, offering a luxurious ensuite complete with a double vanity and an oversized shower featuring dual shower heads, along with a private balcony overlooking the park. The upstairs central bathroom includes a freestanding bathtub, while the home also offers two dedicated study spaces, perfect for those working or studying from home. A downstairs powder room, fitted laundry with bench space, and premium comfort features including refrigerated heating and cooling, five reverse-cycle split systems, and solar hot water further enhance everyday living.
Outside, the property continues to impress with fully landscaped front and rear gardens, a private courtyard with decking, and a range of additional features including an alarm system, video intercom, and epoxy flooring in the garage. Ideally positioned just minutes from Watergardens Train Station and Watergardens Shopping Centre, with a wide selection of primary and secondary schools nearby, this exceptional home offers the perfect combination of luxury, lifestyle, and convenience. 21 Rowling Street is a statement residence designed for those who appreciate quality, space, and timeless modern living.
PHOTO ID REQUIRED AT INSPECTIONS
Due Diligence Checklist: consumer.vic.gov.au/duediligencechecklist
Privacy Policy & Privacy Collection Notice: https://shorturl.at/ZLS6t
Material Facts: Please refer to the Contract of Sale and Vendor Statement.
Land size has been sourced from land.vic.gov.au. This document has been prepared solely to assist in the marketing of this property.
While all care has been taken to ensure the information provided is accurate, Harcourts Greater Melton accepts no responsibility for any errors or omissions. All interested parties are encouraged to make their own enquiries to verify the information provided, including but not limited to land size.
Listing description written by Robert Krnjeta, Harcourts Greater Melton — reproduced as published, not verified by Districts.