Aldo

Fraser Rise

The Hotspotting’s Spring 2024 Price Predictor Index identifies Fraser Rise as a rising market within the City of Melton, with the population projected to rise by 84% by 2046.

This rapid expansion is backed by major infrastructure projects designed to improve connectivity, employment opportunities, and overall liveability. Key initiatives include the $7 billion West Gate Tunnel Project, generating 6,000 jobs and enhance transport links. Additional to that, the $2 billion Western Interstate Freight Terminal in Truganina will strength logistics and connectivity, the proposed Melton Hospital will create 6,400 jobs and the $1.9 billion Melbourne Renewable Energy Hub in Plumpton is supporting the region’s transition to sustainable energy.

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Location

Aldo - Fraser Rise - Location

Community & Lifestyle

Investment Statistics

Aldo’s median prices are below Fraser Rise’s median house price.

– $719,000 Fraser Rise median house price (3 & 4 bedroom)

$719,000

Median Price

Rising

Sales volume

$530

Avg Rent per week

12.0%

12-Month Rental Growth

84%

Forecasted population growth by 2046

71%

Owner Occupiers

$7 billion

West Gate Tunnel Project (6,000 jobs)

$2 billion

Western Interstate Freight Terminal Truganina (41,000 jobs)

$1.9 billion

Melbourne Renewable Energy Hub Plumpton

$1.4 billion

Western Highway upgrade

$1 billion

New Melton Hospital (6,375 jobs)

$1 billion

Palmers Road corridor

$650 million

7 Level Crossing Removal Project between Melton and Melbourne CBD

$122 million

Melton Highway duplication

$14.6 million

Plumpton Community Centre and Neighbourhood House

$11.9 million

Complete the upgrade of Bulmans Road

$9.7 million

Plumpton Aquatic and Leisure Centre

Master Plan

Aldo - Fraser Rise - Masterplan

Renders

Projects

Enquire Now

Explore the potential of this project and elevate your portfolio. Enquire now for exclusive details.

Chris Benitez

Chris Benitez

Explore the potential of this project and elevate your portfolio. Enquire now for exclusive details.

Enquire Now

Explore the potential of this project and elevate your portfolio. Enquire now for exclusive details.

Chris Benitez

Chris Benitez

Explore the potential of this project and elevate your portfolio. Enquire now for exclusive details.

DISCLAIMER

The prices, images and specifications listed in this document are intended to provide indicative information. Please be aware that these details are subject to change without prior notice. McMullan & Bird strives to maintain accurate and up-to-date information, but market conditions, material costs, and other factors may necessitate adjustments. We recommend consulting with your Business Development Manager for the most current and precise images, pricing and specification details. Your understanding and flexibility in this matter are greatly appreciated.