City of Melton · Victoria 3336

Fraser Rise

A fast-growing Woodlea community.

About 35 km north-west of the Melbourne CBD, Fraser Rise is a fast growing new suburb at the heart of the Woodlea estate, made up of modern homes, new schools and emerging parks and shops. Property management here is handled personally for rental providers who expect more than the minimum.

By the numbers

Fraser Rise at a glance

Median house price
$686,000
12-month growth
-2.7%
Median house rent
$520/wk
Gross house yield
3.76%

This is largely a house market. 473 houses sold over the past year, leasing in an average of 48 days, with values easing slightly as new estates came through. For a wider view of the market you can explore our investor insights and affordability tools.

Indicative figures drawn from CoreLogic suburb data, current to early 2026, with the full profile available on realestate.com.au. Median prices, rents and yields move as new data is released, and are not a valuation or financial advice.

About Fraser Rise

New estates, growing fast

Fraser Rise sits at the centre of the major Woodlea estate, a large master-planned community of modern homes with Springside West Secondary College, new primary schooling, parks and emerging local shops. It appeals to families building new in the outer north-west.

With strong sales volumes and a steady pipeline of new residents, demand is consistent even as new supply comes through. For rental providers, positioning a new home well from the first lease makes the difference, and that is exactly where we add value. Curious what yours could earn? Request a free rental appraisal and we will tell you honestly.

Every part of the process, from first listing through to routine inspections, is handled in house and overseen personally by Lehna. We keep your property fully compliant with current Victorian rental law, and if you would rather manage it yourself, our guide for self-managing owners is here to help.

Thinking of leasing your property in Fraser Rise?

Find out exactly what your Fraser Rise property should be earning. Book a complimentary performance review and we will give you an honest view of where it sits in today's market, with no obligation. Prefer to talk first? Get in touch any time, or you can appoint us now when you are ready to make the move.

Book a Performance Review