Taylors Run Estate – Fraser Rise

• Location: Taylors Run is at 1012 Taylors Road, Fraser Rise, around 24 km from Melbourne CBD, approximately 25 minutes to Melbourne Airport, about 5 minutes to Caroline Springs, with an advertised ~30-minute train trip to the CBD from the local rail network.
• Lot 605 investment package: $838,000 turnkey, comprising $385,000 land, 350 sqm land and 206 sqm home. The lot is titled and designed as a dual-entry / dual-living residence with a 3-bed/2-bath main dwelling plus 2-bed/1-bath secondary living area and double garage. Turnkey inclusions include landscaping, fencing, window coverings, flooring, split-system heating/cooling, induction appliances and solar.
• Dual-income appeal: The suburb's current median rents are approximately $480pw for 3-bedroom houses and $455pw for 2-bedroom houses. On a simple combined basis this equates to around $935pw, although separate-leasing approval, utilities and an independent rental appraisal should be confirmed before underwriting this figure.
• Shopping & dining: CS Square is around 5 minutes away, with approximately 75 retailers following a major $45 million upgrade. Nearby options also include City Vista Shopping Centre, Watergardens Shopping Centre and Taylors Hill Village. Local dining includes Bella Vista Cafe and Georgies on Vista Bistro.
• Education: Strong family amenity with Springside West Secondary College ~1.2 km, Deanside Primary School ~1.4 km, Wiyal Primary School ~2.1 km and Southern Cross Grammar ~2.4 km. Wiyal Primary opened in 2026, adding new education capacity to the growth corridor.
• Parks & recreation: Taylors Run incorporates almost 10 hectares of wetlands, walking paths and a landscaped park with BBQ, sheltered picnic and nature-inspired playground facilities. Caroline Springs Lake, sporting reserves and the City Vista sporting precinct add further recreation amenity.
• Health: Sunshine Hospital provides the major hospital option for the area, supported by medical centres throughout Fraser Rise, Taylors Hill and Caroline Springs.
• Transport & roads: Caroline Springs Railway Station is approximately 10 minutes away, with access toward Southern Cross; the Western Freeway is around 3.7 km away. Taylors Road is undergoing substantial corridor upgrades to improve capacity and connectivity.
• Major infrastructure: The 2026/27 program includes approximately $106.45 million for the new Fraser Rise Aquatic & Leisure Centre and $5.82 million for Taylors Road upgrades/duplication. A separate $14.9 million Melton Highway duplication was completed in March 2026.
• Rental demand & supply: Fraser Rise houses currently show a $500pw median rent and ~4.1% gross yield; about 803 houses were leased over the past 12 months, with a 31-day median leasing period and 1,545 recorded renter enquiries. The suburb also has a substantial new-estate pipeline, so investors should factor ongoing new supply into rental and resale assumptions.
• Vacancy: Published third-party vacancy estimates currently vary materially—roughly 2.4% to 5.6%—so a current local property-manager assessment is preferable to relying on one headline vacancy figure.
• Population & employment: Fraser Rise recorded 9,097 residents in 2021, with a young median age of 31; recent estimates indicate very rapid subsequent population growth. Key employment access includes Ravenhall/Truganina logistics and industrial precincts and Melbourne Airport, which supports 20,000+ jobs and is one of Victoria's largest employment hubs outside the CBD.

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