Manor Lakes

Manor Lakes, a developing suburb in Melbourne, Victoria, is located about 40 km southwest of Melbourne’s Central Business District. Part of the City of Wyndham, it’s a rapidly growing area known for its new developments, family-friendly atmosphere, and affordability compared to inner-city suburbs.

Demographic Profile

• Population: According to the 2021 census, the population of Manor Lakes was 12,675.
• Predominant Age Group: Popular among the younger demographic, especially families with children.
• Median Household Income: Generally lower than the Melbourne metropolitan average, reflecting the suburb’s appeal to first-home buyers and young families.
• Occupancy: High rate of homeownership, with a focus on new and affordable housing.

Real Estate and Growth

• Median House Prices: The median house price in Manor Lakes is approximately AUD 600,000, making it an affordable option for many buyers.
• Median Unit Prices: Fewer units compared to houses, but typically priced around AUD 500,000.
• Rental Market: The median house rent is about AUD 400 per week.
• Market Trends: Manor Lakes has experienced rapid growth due to its new developments and affordability.

Education and Lifestyle

• Schools: The suburb includes several educational facilities, including Manor Lakes P-12 School and Wyndham Vale Primary School.
• Local Vibe: Emphasizes community and family living, with many parks and recreational facilities.
• Community Insights: Known for being a friendly and safe suburb, ideal for raising a family.

Transportation

• Public Transport: Serviced by the Wyndham Vale train station and several bus routes.
• Accessibility: Good road connectivity, with easy access to the Princes Freeway.

Notable Features

• Proximity to Amenities: Close to the Manor Lakes Central Shopping Centre, offering essential services and retail options.
• Recreational Areas: Features multiple parks and open spaces, including the Manor Lakes Reserve and Lollipop Creek.

Manor Lakes is an appealing suburb for those seeking affordable housing options and a family-friendly environment. Its rapid development, focus on community, and accessible location make it a promising area for residents and investors in the Melbourne metropolitan region.