3 Carriage Drive, Fraser Rise, VIC 3336 | Property Value & History | OnTheHouse
FOR SALE

3 Carriage Drive
Fraser Rise VIC 3336

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 425m2
This property is currently on the market
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Property Details for 3 Carriage Dr, Fraser Rise

Building Type
Land
Land Size
425m2
Local Government
Melton
Lot/Plan
1622/PS900897

Last Listing description (April 2026)

Step into the opportunity to create your dream home with this premium 425sqm (approx.) parcel of land located at 3 Carriage Drive, Fraser Rise. Positioned within one of the area's fastest-growing and most in-demand communities, this block offers the perfect foundation for a modern lifestyle surrounded by quality homes and a family-friendly environment. Whether you're looking to build your first home, upgrade to something tailored to your needs, or secure a smart investment, this is a location that continues to show strong growth and appeal.

Conveniently situated just off Melton Highway, this address places you within easy reach of everyday essentials and key amenities. You're only a short drive to Watergardens Shopping Centre and Train Station, providing seamless access to retail, dining, and public transport options. Local shops, cafes, and restaurants are just minutes away, while Melbourne Airport and the CBD are both comfortably accessible, making commuting or travel simple and efficient.

Fraser Rise is a suburb on the rise, with exciting future developments planned to further enhance the lifestyle on offer. Upcoming amenities are set to include new primary and secondary schools, a community and education precinct, an aquatic and leisure centre, and expansive sports fields. This is your chance to secure a foothold in a growing neighbourhood where convenience, community, and future potential all come together.

Property History for 3 Carriage Dr, Fraser Rise, VIC 3336

A timeline of how this property has performed in the market
Last Sold
$429,000
27 Oct 2023
  • 29 Apr 2026
    Listed for Sale $490,000 - $510,000
  • 27 Oct 2023
    Sold for $429,000
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About Fraser Rise 3336

The size of Fraser Rise is approximately 10.4 square kilometres. It has 9 parks covering nearly 1.2% of 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 10,771 properties. Over the last 5 years, Houses in Fraser Rise have seen a 9.45% increase in median value, while Units have seen a 15.88% increase. As at 30 April 2026:

  • The median value for Houses in Fraser Rise is $757,681 while the median value for Units is $565,911.
  • Houses have a median rent of $520 while Units have a median rent of $480.
There are currently 164 properties listed for sale, and 38 properties listed for rent in Fraser rise on OnTheHouse. According to Cotality's data, 839 properties were sold in the past 12 months in Fraser rise.

Suburb Insights for Fraser Rise 3336

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.