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Fraser Rise, VIC 3336

Home » VIC Real Estate Data » Melton City, VIC » Fraser Rise, VIC 3336

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Fraser Rise, VIC 3336 located in Melbourne to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

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Rent 

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Yield 

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Buy 

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Rent 

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Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Fraser Rise, VIC 3336”

  1. The total adult population (15 years or older) of Fraser Rise 3336 VIC is 6,535, with a median age of 31. Of those, 57.67% are married, 8.72% are divorced or separated, 31.58% are single and 2.05% are widowed.

    The average household size is 3.2 people per dwelling, and the median household monthly income is estimated to be $9,392. The median monthly mortgage repayment for households in this suburb is $2,076 which is 22.10% of their earnings.

    Source: ABS Census Data (2021)

  2. Descriptive Text:

    Situated in the heart of Victoria, the suburb of Fraser Rise, Vic 3336, boasts an estimated 7587 households. As we moved into Q3 of 2023, the typical price for houses in Fraser Rise stood at a sturdy $775,281. These properties tend to attract a median weekly rent of $451, offering investors an indicative yield of 3.02%, which slightly surpasses the minimum attractive market requirement for property investors.

    The community’s socio-economic fabric is rich, scoring an IRSAD score of 1038 out of 1217, a sign that households have a fairly reasonable access to economic resources. Thereby indicating moderate to high-income levels and access to professional opportunities.

    Fraser Rise is predominantly made up of homeowners, with the renter to homeowner ratio standing at just 16%, well below the 30% cap for rental property satisfaction. Interestingly, all properties in this suburb are houses, with no units saturating the property landscape; this zero units to houses ratio is extremely favourable for property investors.

    However, obtaining property ownership in Fraser Rise could be a longer journey for most, as the affordability index spans 32 years. A slight dampener but could be overlooked in light of other favourable indices.

    The supply metrics for the properties in Fraser Rise are somewhat challenging. With a stock on market Percentage of 2.26%, inventory levels at 10.29 months, and a sizeable building approvals Ratio of 4.45%, the suburb appears to showcase a high supply market.

    The average time properties in Fraser Rise spends on the market is relatively short – just 33 days, which hints at a high demand. The Vacancy Rate, combining houses and units, stands at 2.88%, indicating a neutral, though leaning towards low, demand. The buy search index for houses ranks at 4, representing a mix of low and neutral demand, which is something investors might want to consider.

    Overall, Fraser Rise presents mixed elements in its property landscape. Though prominent supply and demand indicators show a slightly high supply and neutral demand, the suburb’s robust socio-economic factors, low renter to owner ratio, and the lack of unit oversaturation balance out these concerns, making it an interesting location for property investors to explore. To fetch the full picture, it would be beneficial to consult metrics trends or automated tools like HtAG Analytics’ Relative Composite Score to ensure a comprehensive understanding of Fraser Rise’s property market.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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