23 Reservoir Road, Fraser Rise, VIC 3336 | Land for sale | OnTheHouse
 
FOR SALE
$450,000 - $480,000

23 Reservoir Road
Fraser Rise VIC 3336

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Bathrooms: -
Car spaces: -
Land area: 0.0448ha
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Premium Land, Prestigious Estate, Exceptional Opportunity

The Property
Welcome to 23 Reservoir Road, Fraser Rise. An outstanding opportunity to secure a generously sized 448m2 (approx.) vacant allotment in the highly sought-after Taylors Run Estate. Perfectly positioned in a growing and family-friendly community, this east-facing block provides the ideal foundation to build your dream home or investment in one of Fraser Rise's most desirable locations. Surrounded by beautiful parklands, established amenities, and exciting future infrastructure, this premium parcel offers the perfect balance of lifestyle, convenience, and long-term potential.
The Point of Difference
- Generous 448m2 (approx.) vacant land allotment.
- East-facing orientation, ideal for natural sunlight throughout the day.
- Positioned within the prestigious Taylors Run Estate, known for its welcoming community atmosphere.
- Ideal block dimensions offering flexibility for a wide range of home designs.
- Enjoy nearby parks, wetlands, walking tracks, and open green spaces perfect for families and outdoor living.
- Convenient access to local sporting facilities including gyms, tennis courts, hockey grounds, and recreational reserves.
- Close proximity to quality schools, shopping centres, medical facilities, and public transport options.
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Property Details for 23 Reservoir Rd, Fraser Rise

Building Type
Land
Land Size
0.0448ha
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About Fraser Rise 3336

The size of Fraser Rise is approximately 10.4 square kilometres. There are 9 parks, covering nearly 1.2% of the total area. The population of Fraser Rise in 2016 was 4324 people. By 2021 the population was 9097 showing a population growth of 110.4% in the area during that time. The predominant age group in Fraser Rise is 30-39 years. Households in Fraser Rise are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Fraser Rise work in a professional occupation.In 2021, 81.50% of the homes in Fraser Rise were owner-occupied compared with 85.50% in 2016.

Fraser Rise has 11,565 properties. Over the last 5 years, Houses in Fraser Rise have seen a 4.25% increase in median value, while Units have seen a 18.95% increase. As at 31 July 2026:

  • The median value for Houses in Fraser Rise is $742,473 while the median value for Units is $597,839.
  • Houses have a median rent of $520 while Units have a median rent of $480.
There are currently 104 properties listed for sale, and 28 properties listed for rent in Fraser rise on OnTheHouse. According to Cotality's data, 789 properties were sold in the past 12 months in Fraser rise.

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