Early and accurate placental insufficiency assessment is of a great importance. Here we comprehensively assessed placental perfusion and structure, and fetal brain and body volumes, in normal fetuses and in cases with fetal growth restriction (FGR) caused by placental insufficiency, at late gestational ages (GA=31-34 weeks). Increased Placental Blood Flow and Arterial Transit Time were detected in normal cases compared to earlier GA reported previously. Significant differences were found in several placental and fetal characteristics between normal and FGR cases. This study emphasizes the importance of multi-parametric assessment of fetuses to enable identification of high risks for FGR.