22 Ginkgo Street, Fraser Rise VIC 3336
22 Ginkgo Street, Fraser Rise VIC 3336
Custom-built 4-bedroom | grand 3m entry ceilings | 449-450mยฒ lot | premium Fraser Rise pocket.
This house offers a rare combination of custom construction and generous proportions in a suburb where most stock is project-built. The 3m entry ceilings and 2.7m throughout create a sense of space that typically commands a premium in resale. For a buyer seeking a long-term family home with strong holding power, the configurationโmaster with walk-in robe and ensuite, four genuine bedroomsโpositions it well above the median. The lot size, at nearly 450mยฒ, is functional for a family without being oversized, and the two-car parking is adequate for the segment. This property serves best for an owner-occupier who values interior volume and build quality over land banking.
The key risk is that the $850kโ$880k asking range sits at the top of local comparables, with estimates from $740k to $874k, meaning the buyer pays a premium for the custom finish. There is no rental history available, so income potential is unverified. The opportunity lies in the fact that custom homes in this price band are scarce in Fraser Rise, and the property has only been on market two days, suggesting limited exposure. If the buyer can negotiate toward the lower end of the range, the holding strategy is straightforward: occupy, enjoy the build quality, and benefit from area gentrification over a five-to-seven-year horizon.
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
Market Insight:
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.