Manor Lakes Suburb Profile, VIC, 3024 (Pricing & Investment Data)

Manor Lakes Suburb Profile
Victoria 3024

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Manor Lakes has 6,805 properties. Over the last 5 years, Houses in Manor Lakes have seen a 21.25% increase in median value, while Units have seen a 30.60% increase. As at 31 October 2025:

  • The median value for Houses in Manor Lakes is $692,682 while the median value for Units is $572,545.
  • Houses have a median rent of $480 while Units have a median rent of $450.
There are currently 77 properties listed for sale, and 42 properties listed for rent in Manor lakes on OnTheHouse. According to Cotality's data, 542 properties were sold in the past 12 months in Manor lakes.

The size of Manor Lakes is approximately 16.0 square kilometres. It has 9 parks covering nearly 2.3% of total area. The population of Manor Lakes in 2016 was 23273 people. By 2021 the population was 12675 showing a population decline of 45.5% in the area during that time. The predominant age group in Manor Lakes is 30-39 years. Households in Manor Lakes are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Manor Lakes work in a professional occupation.In 2021, 71.30% of the homes in Manor Lakes were owner-occupied compared with 70.00% in 2016.

Suburb Insights for MANOR LAKES 3024

Market Insights
Manor Lakes Trends for Houses
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Manor Lakes Trends for Units
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age

Population 12675

0-9

 

21%

10-19

 

14%

20-29

 

11%

30-39

 

26%

40-49

 

15%

50-59

 

7%

60-69

 

4%

70-79

 

2%

Household Structure
Occupancy

Recent Sales in MANOR LAKES 3024

Properties for sale in MANOR LAKES 3024

Properties for rent in MANOR LAKES 3024

Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Last Updated: 06/12/2025

Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.

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