Lot 424 Nitre Street

Manor Lakes VIC 3024

The size of Manor Lakes is approximately 16 square kilometres. It has 9 parks covering nearly 2.3% of total area. The population of Manor Lakes in 2011 was 17,304 people. By 2016 the population was 23,259 showing a population growth of 34.4% 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 $1400 - $1799 per month on mortgage repayments. In general, people in Manor Lakes work in a clerical occupation. In 2011, 73.4% of the homes in Manor Lakes were owner-occupied compared with 70% in 2016.

Manor Lakes has 6,517 properties. Over the last 5 years, Houses in Manor Lakes have seen a 23.54% increase in median value, while Units have seen a 47.20% increase. As at 31 July 2024:

• The median value for Houses in Manor Lakes is $662,148 while the median value for Units is $494,120.
• Houses have a median rent of $480 while Units have a median rent of $450.