Property Highlight – Co-living in Manor Lakes, Melbourne, Victoria

Property Highlight – Manor Lakes, Melbourne, Victoria

Home 1: 4 bedrooms, 3 bathrooms, 2 parking
213sqm internal
$798,532
Land $395,000
Build $403,532

Home 2: 4 beds, 3 bathrooms, 2 parking
185sqm internal
$772,445
Land $395,000
Build $377,445

Home 3: 3 bedrooms, 3 bathrooms, 1 parking
139sqm internal
$671,333
Land $325,000
Build $346,333

Rental vacancy is low, demand is high, rent returns are strong, but significantly higher with co-living leases
Stamp duty payable on land component only
Land is registered and ready to build now
Fast build time
Generous incentives available

The Location

Manor Lakes is in the western suburbs growth corridor of Melbourne. Just 40 kms (1 hour) from the CBD and 49 km (50 mins) from Geelong, it’s a suburb that is favoured by families.

It is a master planned residential neighbourhood offering an inspired lifestyle, with immediate access to a host of established facilities, including schools, shopping, library, community centre, parks, playgrounds and recreational facilities. Featuring exceptional quality and beautiful environmental design; Manor Lakes estate is the perfect community for modern families looking for peaceful living in Melbourne’s west.

With over 85 hectares of thoughtfully planned community space, this development is designed for modern suburban living with more than 15 hectares of parklands, green spaces, and walking trails that enhance lifestyle appeal. These community-focused amenities create a highly attractive living environment, where residents can enjoy playgrounds, picnic areas, and a scenic central lake that fosters a sense of connection with nature. This high-quality lifestyle offering makes the neighbourhood a highly desirable location for families and professionals alike, ensuring strong rental demand and resale potential.

Manor Lakes has experienced steady growth due to significant infrastructure investment and local developments. The Western Roads Upgrade is transforming transport routes in the area, reducing commute times and providing seamless connectivity to Melbourne. Future developments, including improved public transport links and community infrastructure, will continue to drive demand and enhance property values within the Winterset estate.

Manor Lakes has grown to become one of Melbourne’s most warm, engaging, successful and family-friendly residential communities.

The Property

The homes have been designed with co-living or multi generational living in mind. In homes 1 and 2, the fourth bedroom can be used as a bedroom without a private bathroom or a multipurpose room – an office, second living area, media, games room – or anything else your tenant can think of!

Features of each home: