OFF MARKET

42 Cradle Circuit
Manor Lakes VIC 3024

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 512m2
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Last updated 11 Nov 2024
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Property Details for 42 Cradle Cct, Manor Lakes

42 Cradle Cct, Manor Lakes is a 0 bedroom, 0 bathroom House. The property has a land size of 512m2. While the property is not currently for sale or for rent, it was last sold in October 2021.

Building Type
House
Land Size
512m2
Local Government
Wyndham
Lot/Plan
6310/PS901651

Last Listing description (October 2024)

Introducing a fantastic opportunity to purchase a prime piece of land - 512 SQM APPROX. -located at 42 Cradle Circuit in the sought-after suburb of Manor Lakes, Victoria. Situated in a thriving and well-established community, this vacant land presents an ideal canvas for creating your dream home or making a sound investment.

Key Features:

Location: Nestled in the desirable Manor Lakes area, this property offers a convenient and family-friendly lifestyle. Enjoy the benefits of being part of a growing community with access to essential amenities and recreational facilities nearby.

Land Size: The land for sale spans an impressive area, providing ample space to design and construct your ideal residence. The exact dimensions of the lot can be obtained from the listing agent.
Development Potential: Whether you envision building a single-family home or exploring development opportunities, this parcel of land offers great potential. With its size and location, it presents a range of possibilities for future growth and prosperity.
Infrastructure and Services: The Manor Lakes area boasts excellent infrastructure and essential services, including schools, shopping centers, medical facilities, parks, and public transportation options. Residents can enjoy easy access to everyday amenities within a short distance.
Lifestyle and Recreation: Living in Manor Lakes offers a vibrant lifestyle with an array of recreational opportunities. Explore nearby parks, walking trails, and open spaces, providing ideal settings for outdoor activities and relaxation.
Investment Value: Manor Lakes is an emerging suburb with a strong track record of growth and development. Investing in this land offers the potential for capital appreciation and attractive returns, particularly considering the desirable location and surrounding amenities.
Future Development: With ongoing development projects in the area, including infrastructure upgrades and community enhancements, the value of properties in Manor Lakes is expected to rise. This presents an opportunity for investors and homeowners to benefit from future appreciation.
Don't miss out on this exceptional chance to secure a significant landholding in Manor Lakes. Whether you're looking to build your dream home or capitalize on the investment potential, this property offers an attractive proposition. Contact the listing agent or agency for more details, including price and additional information, to start turning your vision into reality.

Property History for 42 Cradle Cct, Manor Lakes, VIC 3024

A timeline of how this property has performed in the market
Last Sold
$383,500
25 Oct 2021
  • 29 May 2023
    Listed for Sale Not Disclosed
  • 25 Oct 2021
    Sold for $383,500

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About Manor Lakes 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 6,493 properties. Over the last 5 years, Houses in Manor Lakes have seen a 21.73% increase in median value, while Units have seen a 65.27% increase. As at 31 October 2024:

  • The median value for Houses in Manor Lakes is $667,182 while the median value for Units is $503,744.
  • Houses have a median rent of $490 while Units have a median rent of $450.
There are currently 80 properties listed for sale, and 44 properties listed for rent in Manor lakes on OnTheHouse. According to CoreLogic's data, 323 properties were sold in the past 12 months in Manor lakes.

Suburb Insights for Manor Lakes 3024

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.