Manor Lakes is a well-established suburb in Victoria within the Wyndham local government area (postcode 3024). The area has roughly 12,675 residents and a younger, working-age population, with a median age of 31. Households earn a median income of $119K per year, with an average household size of 3.3 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +3.7% year-on-year at the LGA level. VIC employment has moved +0.8% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. VIC also had 41 Commonwealth-backed major projects under construction, 18 underway, and 24 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, clerical & administrative, community & personal service. Employment in the area leans toward professional services and healthcare. The top ancestries reported are Indian, Australian, English.
Median house prices in Manor Lakes sit at $642,000, little changed on a year ago. The current median weekly rent is $500. This gives a gross rental yield of approximately 4.1%. The median monthly mortgage repayment is $1,900.
Manor Lakes is served by 2 schools, including 2 primary. The average ICSEA score is 1067, which is above the national average of 1,000. Public transport access includes 8 rail stations, 31 bus stops. The crime rate in the Wyndham LGA is moderate at 6,638 incidents per 100,000 population.
Looking at the investment signals, Gross rental yield sits at around 4.1% (moderate yield). Property prices are near the state median ($642K/$850K). The price-to-income ratio of 5.4x is considered affordable. House prices have moved +0.2% year-on-year. Population growth of +3.7% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.