Fraser Rise at a glance
Median house
$695,000
Median unit
$340,560
Walk score
6
Very car dependent
Population
9,097
Median age 31
The brief
What to know about Fraser Rise.
The postcode for Fraser Rise is 3336 (VIC), part of Greater Melbourne.
The median house price in Fraser Rise is $695,000.
Fraser Rise (3336) sits in the Melton region of Victoria. The median house here is $695,000, below the Victoria median of around $850K.
Fraser Rise has roughly 9,097 residents, with a young-family demographic. Households are predominantly owner-occupied. Daily life is car-dependent: most residents drive to work, school and the shops.
Side by side
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Median, growth, schools, walkability, all in one view.
Day to day
What it’s like to live here.
Fraser Rise scores 6/100 on walkability, which makes it car-dependent with limited public transport. Plan for two cars in a typical household, especially if work isn't local.
Summer days here average around 26°C (mild), winter mornings around 7°C (cool). Annual rainfall lands at about 639mm. Data comes from the Bureau of Meteorology's Melbourne (Olympic Park) station, 64.9km away.
Schooling within or near the suburb covers 8 government primary, 3 government secondary, 4 Catholic, 2 independent.
Who lives here
Demographics.
The 2021 Census put Fraser Rise's population at 9,097, with a median age of 31. That sits as a young-family demographic. Households are predominantly owner-occupied (82% own, 16% rent), which shapes everything from school catchment stability to how often properties turn over. The household mix skews family-dominated (87% family households, 11% lone person), so amenity decisions tend to follow what families want: parks, schools, supermarkets.
Population
9,097
Median age
31
Family households
87%
Lone person
11%
Demographics data as of May 2026· ABS 2021 Census
Houses change hands at $695,000 on a typical sale, below the Victoria median. Units come in around $340,560, roughly 51% below the house median.
For buyers
A 20% deposit on the median house works out to roughly $139,000. Prices are below the Victoria median, which keeps Fraser Rise on the radar for first-home buyers and right-sizers.
Market
The price of a home here.
Median house price
$695,000
+0.0% over the past year. Median unit price $340,560.
Sales data as of May 2026· sales-vic
Rental and ownership
Weekly rent (house)
$421/wk
Weekly rent (unit)
$431/wk
Owner occupied
82%
Renter occupied
16%
At a deeper level
$695,000
$340,560
9,097
Median age: 31
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For investors
Investment overview.
Gross rental yield on houses sits at 3.15% (median rent $421/wk against a $695,000 price tag). Units yield 6.58% gross, often the better cash-flow play for first-time investors. Renter share is modest (16%), so the rental pool is smaller and tenant demand can be patchier than in higher-density suburbs.
Gross Yield (House)
Source: Land Victoria / DTP · May 20263.15%
Based on $695,000 median
Gross Yield (Unit)
Source: Land Victoria / DTP · May 20266.58%
Based on $340,560 median
Annual Growth (House)
Source: Land Victoria / DTP · May 2026–
Year-on-year capital growth
Annual Growth (Unit)
Source: Land Victoria / DTP · May 2026–
Year-on-year capital growth
Owner Occupancy
Source: ABS Census 2021 · May 202682%
Higher = more owner-occupier demand
Days on Market
Source: Land Victoria / DTP · May 2026–
Lower = higher buyer demand
Gross rental yield is annual rent divided by purchase price, before expenses. It does not account for vacancy rates, management fees, maintenance, or financing costs. Use this as a starting point for further research.
Safety
Crime and safety.
546
total offences in 2025
Top offence categories
Crime statistics are reported at LGA level and may cover a broader area than this suburb.
Source: State Police Open Data
Crime data as of December 2025· State Police Open Data
Getting around
Walkability.
6
0
100
Scores calculated from OpenStreetMap data (ODbL)
Walkability data as of May 2026· OpenStreetMap
Place
Location.
Amenities
Transport
Education
Schools in Fraser Rise.
Local schools for Fraser Rise
View the catchment for each school to find out more.
Government School Catchment
Aintree Primary School
Yarrabing Secondary College
Rockbank Primary School
© ACARA, licensed under CC BY 4.0.
Climate
Weather year-round.
Annual Rainfall
639 mm
Hottest Month (avg max)
26.0°C
Coldest Month (avg min)
6.5°C
Monthly Rainfall (mm)
Weather data from BOM station Melbourne (Olympic Park) (65 km away)
Climate data as of May 2026· Bureau of Meteorology
Frequently asked
About Fraser Rise.
- What is the median house price in Fraser Rise?
- The median house price in Fraser Rise, VIC 3336 is $695,000. The median unit price is $340,560.
- What is the Fraser Rise postcode?
- Fraser Rise is in the 3336 postcode, in VIC, in the City of Melton region.
- Where is Fraser Rise?
- Fraser Rise is a suburb of Melbourne, in VIC 3336. It is part of the Greater Melbourne area, in the City of Melton region.
- What is the average rent in Fraser Rise?
- The median weekly rent for houses is $421, for units it's $431.
- What schools are in Fraser Rise?
- There are 20 schools serving Fraser Rise on this page, including Aintree Primary School, Yarrabing Secondary College, Rockbank Primary School.
- How walkable is Fraser Rise?
- Fraser Rise has a Walk Score of 6 out of 100, highly car-dependent. transit score 0, bike score 100.
- What suburbs are near Fraser Rise?
- Fraser Rise is close to Aintree, Deanside, Rockbank, Grangefields, Fieldstone.
- What is the population of Fraser Rise?
- The population of Fraser Rise is approximately 9,097 (2021 Census). The median age is 31.
For Sale
Fraser Rise
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Sources cited
Median, growth and rental data from state revenue offices and ABS. Census from ABS 2021. Climate from BoM. Hazard from Geoscience Australia. School data from ACARA. Crime from state police open data. Full methodology →
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