Fraser Rise

Fraser Rise, VIC 3336 is a rapidly growing suburb with a diverse population profile. The median household income is relatively high, and there is a mix of age groups present, with a significant number of residents in the 25 to 44 years range. The suburb offers convenient commuting options, with a notable percentage of residents working from home. Fraser Rise also has good educational opportunities with a solid ICSEA percentile for government schools. For houses, Fraser Rise presents an opportunity for homebuyers looking to enter the market with a median price range. The suburb has seen a moderate median growth rate in the past, but the market absorption rate is currently low, indicating a buyer's market. Houses have a high vacancy rate, suggesting room for improvement for property investors. In contrast, units in Fraser Rise have shown good growth rates, with low vacancy rates and a high yield median, making them potentially attractive for investors looking for rental properties. Fraser Rise, VIC 3336 offers a mix of housing options with opportunities for both homebuyers and investors. The suburb's population is growing steadily, with good access to amenities and educational facilities. Homeowners looking to settle in a family-friendly area would find Fraser Rise appealing, while property investors may find potential in renovating houses or investing in units for rental purposes. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022