VIC3024· Pop. 34,004Melton

MANOR LAKES

EstablishedSteady performer with reliable demand and moderate capital growth

Investor score

48

Vacancy rate is a modelled estimate. Price, rent and annual growth use real government data (see source labels on each card). This is not financial advice. See full disclaimer.

Median price

$608,500

VIC Gov · 2025

Rent yield

3.0%

computed from govt data

Annual growth

2.4%

annualised from govt data

Vacancy rate

2.3%

modelled estimate

AI insights for MANOR LAKES

Investment analysis, risks & comparisons

PREMIUM

MANOR LAKES shows strong investment fundamentals with above-average rental demand and a tightening supply pipeline. The gentrification index of 67/100 signals continued capital appreciation potential, particularly within 600m of the main retail and transit corridor.

Key risk: elevated auction clearance volatility over the past two quarters suggests shifting buyer sentiment. Net yield after typical holding costs sits at approximately 3.6%, below the state median of 4.1% — factor this into cash-flow modelling.

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Median price sourced from VIC Gov · 2025 — real government transaction data. Growth, demand and vacancy figures remain modelled estimates.

Median rent

$350/wk

DFFH Moving Annual Rent · Sep 2025

Demand change

+3.0%

annual shift

Yield × growth index

2.7

combined signal

Net yield (est.)

2.72%

after mgmt, rates, insurance, maintenance

5-yr growth (CAGR)

+4.9%

est. compound, long-run avg

10-yr growth (CAGR)

+5.9%

est. compound, long-run avg

Rental demand

50 / 100

Moderate demand

Supply pipeline

Est.

2.5%

new dwellings approved / stock · Modelled estimate

Moderate supply

5-year price history

2020
$480k
2021
$525k
2022
$580k
2023
$580k
2025
$609k

Source: VIC Gov · 2025 · all sources

Market overview

MANOR LAKES is a metropolitan VIC suburb with moderate capital growth momentum and lower rental yield. Strong infrastructure, employment access, and lifestyle amenities support ongoing investment demand.

Highlights

  • Metro VIC suburb with strong infrastructure and transport
  • Rental yield 3.0% with stable tenant demand
  • Access to national transport network and amenities

Risk factors

  • Subject to broader interest rate and economic conditions

Community profile

Source: ABS Census 2021 · ATO 2022–23

Median household income

$1,995/wk

$76k taxable p.a.

Renters

29.4%

68.3% owner-occupier

Median age

31.0 yrs

Unemployment

4.5%

Population growth

+1.9% p.a.

Investor-owned

11.0%

of all dwellings (ATO)

Houses

68%

20% apartments

Degree qualified

39.2%

bachelor's or higher (ABS)

Work from home

18.9%

of employed residents (ABS Census)

Median lot size

430 m²

Compact block

Household size

2.5 persons

avg per dwelling (ABS Census)

Short-term rental

5.7%

Some Airbnb activity

Market activity

Distance to CBD

34.0 km

Outer suburbs

Days on market

26 days

Normal turnover

Auction clearance

64.7%

Balanced market

Walkability

0 / 100

Car-dependent

Coastal proximity

32.8 km

Inland

NBN technology

FTTC

Good — fibre to curb

Population density

2,052/km²

Dense urban

Schools in postcode 3024

🏫6 Primary📚1 Combined
ACARA 2025

🏫Primary (6)

Our Lady of the Southern Cross

Catholic · Yrs Prep-6

ICSEA 1079

Ngarri Primary School

Government · Yrs Prep-6

ICSEA 1055

Laa Yulta Primary School

Government · Yrs Prep-6

ICSEA 1040

Riverbend Primary School

Government · Yrs Prep-6

ICSEA 1034

Wyndham Vale Primary School

Government · Yrs Prep-6

ICSEA 1015

Iramoo Primary School

Government · Yrs Prep-6

ICSEA 944

📚Combined (1)

Manor Lakes P-12 College

Government · Yrs Prep-12

ICSEA 996

ICSEA measures the socio-educational background of each school's student community — not academic results or school quality. National average = 1000. Source: ACARA My School 2025.

Liveability & safety

Safety index

High crime
58/ 100

7.9 offences / 100 persons

Source: VIC Crime Statistics Agency · Dec 2025

School quality

Average
1023ICSEA · national avg 1000

7 schools in postcode area

Source: ACARA My School 2025

Transit access

Excellent
73/ 100
🚆 1 train🚃 6 tram🚌 15 bus

Source: State GTFS feeds

Gentrification signal

28

/ 100

Early signs

Early-stage signals only. Watch for rising rents, new café activity, and building application increases as leading indicators.

Composite: education premium · youth cohort · rental activity · price gap · transit quality

Environmental risk

🌊

Flood risk

none

Source: State GIS flood zone data

🔥

Bushfire risk

low

Source: CFA / RFS / DFES zone data

⛈️

Storm risk

none

Coastal exposure + state climate

Live suburb intelligence

Fetching live data…

Location

Properties in MANOR LAKES

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