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VIC › Manor Lakes › Ison Rd

1191 Ison Rd, Manor Lakes VIC 3024

House

$650,000

Last sold

24 Aug 2026

4

Bedrooms

2

Bathrooms

2

Car spaces

448 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $650,000 (24 Aug 2026).(Recorded sale)
  • FactLand 448 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Manor Lakes (last 5 years) with land size: median $1,521/m² of land (n=115). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned URBAN GROWTH ZONE - SCHEDULE 3 (UGZ3) under the ZN.(Vicmap Planning · 31 Aug 2026)

What could make it worth less?

  • FactDEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 10 intersects 99.8% of this parcel.(Vicmap Planning · 31 Aug 2026)

What should you verify next?

  1. 1DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 10 affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

What this lot has actually traded at

Last sold

$650,000

24 Aug 2026 · derived via latest_sale

Local land rate: recorded House sales in Manor Lakes (last 5 years) with land size have a median of $1,521/m² of land (n=115). Districts calculation from recorded sales — not a valuation.

Manor Lakes at a glance

15,798

People

$657,389

Median sale

$471/wk

Median rent

3.73%

Suburb gross yield

Median sale from 160 recorded sales (last 12 months) — a Districts calculation.

See the full Manor Lakes report →

Vs Manor Lakes

-1.1%

Median sale

Suburb $657,389

+0.04 pp

Gross yield

Suburb 3.73%

Suburb median $657,389 from 160 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

ZN

Zone

URBAN GROWTH ZONE - SCHEDULE 3

UGZ3

Jurisdiction

Wyndham

Wyndham, VIC

Planning overlays

  • DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 10Detected — 99.8% of parcel

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 216213097

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$650,00024 Aug 2026
  2. Listedprice unknowncompleted9 Apr 2026
  3. Listedprice unknowncompleted9 Apr 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Confidence: medium

Zoned URBAN GROWTH ZONE - SCHEDULE 3 · UGZ3 (ZN). Official parcel area about 449 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. The listing may look cheap relative to land or the street. What reduces it: DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 10. This overlay can reduce what the land size appears to promise. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $471/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned URBAN GROWTH ZONE - SCHEDULE 3 · UGZ3 (ZN). Official parcel area about 449 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Knownlow

    The listing may look cheap relative to land or the street. What reduces it: DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 10. This overlay can reduce what the land size appears to promise.

  • Lot-level flood

    Unknown

    Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    No DA adapter returned applications for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Manor Lakes in one glance

Manor Lakes at a glance

15,798

People

$657,389

Median sale

$471/wk

Median rent

3.73%

Suburb gross yield

Median sale from 160 recorded sales (last 12 months) — a Districts calculation.

See the full Manor Lakes report →

Keep researching

  • Why Manor Lakes? Read the area thesis →
  • What else is on the market in Manor Lakes →
  • Other records on Ison Rd →

Listing material

Listed by Stockdale & Leggo Laverton/Altona/Point Cook

SOLD BY STOCKDALE & LEGGO!

Stockdale & Leggo Real Estate proudly presents this fantastic opportunity to secure a beautiful family home in one of Manor Lakes' most sought-after locations. Offering a practical layout, generous living spaces, and a convenient lifestyle, this property is ideal for first home buyers, families, or investors alike. Currently generating rental income of $2129 per month.

Perfectly positioned just moments from local shopping complexes, cafés and restaurants, kindergartens, Manor Lakes College, Wyndham Vale Train Station, local parks, and public transport, this home delivers the perfect balance of comfort and convenience.

Property Features:-

Read the full description

• Generous sized master bedroom with walk-in robe and private ensuite

• Three additional well-proportioned bedrooms with built-in robes

• Central family bathroom with separate toilet

• Spacious meals and living area flowing seamlessly for family living and entertaining

• Open-plan kitchen equipped with stainless steel appliances and ample storage

• Large separate laundry for added convenience

• Ducted heating and evaporative cooling for year-round comfort

• Double car garage with secure parking

• Outdoor hot spa with covered gazebo, perfect for relaxing or entertaining guests

Key Locations

• Manor Lakes Central Shopping Centre - 700m (approx)

• Wyndham Vale Station - 1.1km (approx)

• Our Lady of the Southern Cross Primary School - 1.3km (approx)

• Manor Lakes P-12 College - 1.7km (approx)

• Manor Lake Reserve - 2km (approx)

• Wyndham Vale Square Shopping Centre - 2.1km (approx)

• Lough Way Park Playground - 2.2km (approx)

• Laa Yulta Primary School - 2.6km (approx)

• Manor Lakes Boulevard Park - 2.8km (approx)

• Ngarri Primary School - 3.3km (approx)

Keep an eye out for open inspection times or contact us to organize a private inspection. Don't miss the chance to make this exceptional townhouse your new home or investment.

Disclaimer:

Please note that all information in this advertisement is accurate to the best of our knowledge. We recommend interested parties undertake their due diligence, please refer to the following link: http://www.consumer.vic.gov.au/duediligencechecklist. Open for inspection times are subject to change; please check online on the day for the latest information.

Listing description written by Rahul Assudani, Stockdale & Leggo Laverton/Altona/Point Cook — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Secure Parking
  • Toilets: 2
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.