Get a property report and suburb profile for any property in Fraser Rise

Fraser Rise is an outer north-west Melbourne suburb made up mostly of modern detached homes on modest blocks, arranged around small parks, playgrounds and community open space. It has a family-oriented feel and mainly attracts young families and owner-occupiers who want a quieter suburban setting with new streetscapes and plenty of outdoor space. Day-to-day life centres on local shopping centres, primary schools and community facilities, and buses plus arterial roads link residents to the rail network and surrounding centres.

There is ongoing investment in local amenity. A new government primary school has opened, construction is under way on a council aquatic and leisure centre, and a precinct master plan guides delivery of a major town centre and a large active open space with sports fields, courts and a pavilion. Recent transport and shared-path upgrades also improve walking and cycling connections through the suburb.

Over the past 12 months in Fraser Rise, median house values edged down 0.7% and the rent those houses fetched fell 1.0%. For someone weighing the suburb up as an investment, the value figure reflects capital movement while the rent figure shows how rental income changed this year; here rental income slipped a little more than house prices.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.