38 Wavell Parade, Fraser Rise, VIC 3336 | Property Value & History | OnTheHouse
 
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38 Wavell Parade
Fraser Rise VIC 3336

Bedrooms: 4
Bathrooms: 3
Car spaces: -
Floor area: 332m2
Land area: 512m2
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Last updated 12 Jan 2026
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Property Details for 38 Wavell Pde, Fraser Rise

38 Wavell Pde, Fraser Rise is a 4 bedroom, 3 bathroom House and was built in 2021. The property has a land size of 512m2 and floor size of 332m2. While the property is not currently for sale or for rent, it was last sold in October 2020.

Building Type
House
Year Built
2021
Floor Size
332m2
Land Size
512m2
Local Government
Melton
Lot/Plan
2122/PS814787

Last Listing description (October 2020)

Calder Real Estate proudly brings to you this large perfectly rectangular 512sqm allotment located in popular Aspire Estate of Fraser Rise. Versatility and flexibility in both aspect and potential, this allotment measures 16m x 32m and is clear of any easement allowing you maximum potential and boundless options.
Its unarguably an opportunity too good to miss and will qualify you for the $25,000 Homebuilder Government Grant (subject to meeting eligibility criteria). Within walking distance to schools, shops, public transport and parklands. Act fast as this wont last long.

Property History for 38 Wavell Pde, Fraser Rise, VIC 3336

A timeline of how this property has performed in the market
Last Sold
$410,000
01 Oct 2020
  • 01 Oct 2020
    Sold for $410,000
  • 16 Jun 2020
    Listed for Sale $380,000 - $415,000
  • 20 Jan 2018
    Sold for $403,500
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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 10,746 properties. Over the last 5 years, Houses in Fraser Rise have seen a 15.29% increase in median value, while Units have seen a 22.58% increase. As at 31 December 2025:

  • The median value for Houses in Fraser Rise is $761,535 while the median value for Units is $573,770.
  • Houses have a median rent of $520 while Units have a median rent of $480.
There are currently 144 properties listed for sale, and 48 properties listed for rent in Fraser rise on OnTheHouse. According to Cotality's data, 797 properties were sold in the past 12 months in Fraser rise.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Disclaimer
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