13 Progress Drive, Fraser Rise VIC 3336
13 Progress Drive, Fraser Rise VIC 3336
4 bed 3 bath on 400m2 | 260m2 internal high coverage | Family suburb school zoned | Opticomm FTTP 5G
The property is considered competitively strong for its configuration of four bedrooms and three bathrooms on a 400 square meter lot, with a notably large internal area of 260 square meters. It is located in a growing suburb with school zoning and modern connectivity, making it well suited for families requiring multiple rooms or investors targeting family rental demand. The high building coverage is observed as a feature that maximizes usable space.
The property’s value may be influenced by its moderate rental yield, typical for owner-occupier markets, and future extensions might be constrained by the high building coverage. Demand could also be affected by reliance on local school performance; these factors should be weighed when forming a view.
Detailed Independent Property Report prepared by PropCred Analyst team for 13 Progress Drive, Fraser Rise VIC 3336
Checks found:
Value Risk
✕
2
Liquidity Risk
✓
Planning Risk
!
1
Income Risk
✕
2
Execution Risk
✓
Fraser Rise VIC 3336
Fraser Rise is a young, family-dominated suburb in Melbourne’s growth corridor, with demand driven by mortgaged homeowners seeking detached housing. Recent price trends have softened, reflecting sensitivity to interest rates in this high-ownership market. Future growth is underpinned by strong sales volumes and rental stability, though constraints include limited housing diversity and affordability pressures from its mortgage-heavy demographic.
PropCred Estimated Value
Bedrooms
4
Bathroom
3
Parking
2
Land
400m²
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Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst