Thinking about buying in Manor Lakes? Now could not be a better time, with 5860 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $835,000 with prices in this suburb ranging from $317,000 to $11,200,000. The aproximate distance to the coast is 11 Km.
Median Weekly Rent | $361.00 |
Median Monthly Mortgage | $1844.47 |
Median Persons Per Bedroom | 0.87 |
Average Household Size | 3.11 |
Average Age | 33.58 |
Average Income | $931.16 |
Average Cars Per Dwelling | 1.68 |
Average Properties Within 50M | 12 |
1 Bed  $518,000 |
2 Bed  $667,000 |
3 Bed  $751,000 |
4 Bed  $868,000 |
5 Bed  $1,001,000 |
6 Bed+$1,199,000 |
In Manor Lakes there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Incomes in Manor Lakes are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Manor Lakes provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Manor Lakes necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
Our Lady of the Southern Cross
Manor Lakes P-12 College
Wyndham Vale Primary School
Iramoo Primary School
(While the above schools are located with the suburb of Manor Lakes there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.3 | 15 | 26.9 | 41.6 | 86.2 | 5.0 | 25.2 |
Feb | 0.9 | 15.1 | 26.2 | 44.1 | 88.2 | 4.8 | 20.5 |
Mar | 0.9 | 13.4 | 23.9 | 45.4 | 89.1 | 4.5 | 16.0 |
Apr | 1.3 | 10.6 | 20.8 | 49 | 91.8 | 4.1 | 11.9 |
May | 1.2 | 8.2 | 17.3 | 55.8 | 91.9 | 4.3 | 8.8 |
Jun | 1.2 | 6.1 | 14.6 | 62.5 | 94.5 | 4.0 | 7.4 |
Jul | 1.0 | 6.2 | 14.3 | 59.0 | 92.2 | 4.8 | 7.8 |
Aug | 1.2 | 6.3 | 15.1 | 53 | 91.5 | 5.0 | 10.4 |
Sept | 1.4 | 7.6 | 18.2 | 46.1 | 90.2 | 5.2 | 14.8 |
Oct | 1.5 | 8.9 | 20.1 | 46.2 | 91.3 | 4.9 | 19.2 |
Nov | 2.2 | 11.4 | 22.6 | 44.6 | 90.3 | 4.9 | 22.4 |
Dec | 1.3 | 12.8 | 24.7 | 42.3 | 87.9 | 5.0 | 25.7 |
source: Australian Government Bureau of Meteorology
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