5 Olive Tree Grove, Fraser Rise, VIC 3336 | Property Value & History | OnTheHouse
 
OFF MARKET

5 Olive Tree Grove
Fraser Rise VIC 3336

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Floor area: 148m2
Land area: 238m2
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Last updated 2 Mar 2026
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Property Details for 5 Olive Tree Gr, Fraser Rise

5 Olive Tree Gr, Fraser Rise is a 1 bedroom, 1 bathroom Unit with 2 parking spaces. The property has a land size of 238m2 and floor size of 148m2. While the property is not currently for sale or for rent, it was last sold in January 2023.

Building Type
Unit
Floor Size
148m2
Land Size
238m2
Local Government
Melton
Lot/Plan
104/PS905389

Last Listing description (March 2026)

INSPECTION BY APPOINTMENT ONLY

THE MOST LUXURIOUS ROOM RENTAL YOU WILL FIND

Fresh, serene and beautifully appointed, these premium suites offer stress-free luxury living, with all bills included electricity, gas, water, heating, cooling and a wide range of amenities.

If you want independence without the high cost of renting an entire home, this is the perfect balance of privacy, affordability and high-end comfort.

From the moment you enter, youll feel the calm and quality of a fully furnished Executive Suite, styled for modern living and ultimate relaxation.

EXECUTIVE SUITE INCLUSIONS

Custom queen bed
Bedside tables & reading lamps
Work desk & ergonomic seating
Luxurious blockout drapes & sheer curtains
Ambient mood lighting
Modern private ensuite with oversized shower
Executive wardrobe with LED lighting
Individual room temperature control
55 high-definition Smart LED TV (with QR code net-casting)
Hybrid flooring
Large sliding door for abundant natural light & access to private courtyard
Ample storage cabinetry & drawers

SHARED LUXURY AMENITIES

Enjoy use of:
Contemporary open-plan living zone
Large shared outdoor courtyard
Fully equipped modern kitchen:
Electric cooktop
Microwave
Dishwasher
Integrated fridge + freezer
Generous preparation space
On-site laundry facilities
Digital access control
Fully maintained landscaped gardens

Minimum stay: 3 months (flexible extensions available)

PROFESSIONALLY MANAGED
Operated by a professional, experienced management team
Rent includes all utilities
Strictly single occupancy rooms
Highest standards of cleanliness and maintenance

There is no other room accommodation like this in the area once its gone, its gone.

PRIME LOCATION CONVENIENCE + GREEN OPEN SPACES
Youre perfectly positioned close to everything you need:

Shopping & Lifestyle
Fraser Rise Convenience Shops
Taylors Hill Shopping Centre
Caroline Springs Shopping Centre
Watergardens Shopping Centre
Fraser Rise PrimarySenior School (5-minute walk)

Upcoming Landmarks
New Fraser Rise Aquatic Centre (opening 2028)

Outdoor & Recreation
Beautiful local parklands right nearby
Walking trails, green corridors and a brand-new reserve/sporting facility across the road

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Property History for 5 Olive Tree Gr, Fraser Rise, VIC 3336

A timeline of how this property has performed in the market
Last Sold
$296,000
18 Jan 2023
  • 28 Nov 2025
    Listed for Rent $350 / week
  • 18 Jan 2023
    Sold for $296,000
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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 10,767 properties. Over the last 5 years, Houses in Fraser Rise have seen a 12.88% increase in median value, while Units have seen a 12.00% increase. As at 28 February 2026:

  • The median value for Houses in Fraser Rise is $765,279 while the median value for Units is $562,285.
  • Houses have a median rent of $520 while Units have a median rent of $480.
There are currently 162 properties listed for sale, and 48 properties listed for rent in Fraser rise on OnTheHouse. According to Cotality's data, 862 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
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.

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