Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started
Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started

VIC › Manifold Heights › Shannon Ave

173 Shannon Ave, Manifold Heights VIC 3218

House

$1,200,000

Last sold

6 Feb 2024

4

Bedrooms

2

Bathrooms

2

Car spaces

493 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 $1,200,000 (6 Feb 2024).(Recorded sale)
  • FactLand 493 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Manifold Heights (last 5 years) with land size: median $1,725/m² of land (n=24). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned TRANSPORT ZONE 2 - PRINCIPAL ROAD NETWORK (TRZ2) under the ZN.(Vicmap Planning · 31 Aug 2026)

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1No 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

$1,200,000

6 Feb 2024 · derived via latest_sale

Local land rate: recorded House sales in Manifold Heights (last 5 years) with land size have a median of $1,725/m² of land (n=24). Districts calculation from recorded sales — not a valuation.

Manifold Heights at a glance

2,636

People

$1,280,000

Median sale

$466/wk

Median rent

1.89%

Suburb gross yield

Median sale from 7 recorded sales (last 24 months) — a Districts calculation.

See the full Manifold Heights report →

Vs Manifold Heights

-6.2%

Median sale

Suburb $1,280,000

+0.13 pp

Gross yield

Suburb 1.89%

Suburb median $1,280,000 from 7 recorded sales (last 24 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

ZN

Zone

TRANSPORT ZONE 2 - PRINCIPAL ROAD NETWORK

TRZ2

Jurisdiction

Greater Geelong

Greater Geelong, VIC

Planning overlays

  • environmentalNot detected

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 41070086

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$1,200,0006 Feb 2024
  2. Listedprice unknowncompleted22 Aug 2023
  3. Listedprice unknowncompleted22 Aug 2023

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 TRANSPORT ZONE 2 - PRINCIPAL ROAD NETWORK · TRZ2 (ZN). Official parcel area about 491 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. 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 $466/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 TRANSPORT ZONE 2 - PRINCIPAL ROAD NETWORK · TRZ2 (ZN). Official parcel area about 491 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?

    Knownmedium

    No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.

  • 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

Manifold Heights in one glance

Manifold Heights at a glance

2,636

People

$1,280,000

Median sale

$466/wk

Median rent

1.89%

Suburb gross yield

Median sale from 7 recorded sales (last 24 months) — a Districts calculation.

See the full Manifold Heights report →

Keep researching

  • Why Manifold Heights? Read the area thesis →
  • What else is on the market in Manifold Heights →
  • Other records on Shannon Ave →

Listing material

Listed by McGrath Geelong | Newtown

Period Charm in Desirable Blue-Chip Location

Blending captivating original charm with refined modern updates, this exquisite home offers a sophisticated haven for family living and elegant entertaining within an enviable lifestyle locale. Located in one of blue-chip Manifold Heights best streets, this charming period family home is sure to impress on so many levels.

From the moment you enter, you can understand why this is a home the family can grow old in. Inside, a long central hallway showcases high ceilings, polished timber floors and crisp white interiors forming an impressive introduction to the home. The master bedroom features walk-in robe and recently updated contemporary ensuite making it the perfect parents' retreat. Whilst an additional three bedrooms, two with built in robes, fireplaces and ducted heating throughout ensures comfort all year round.

Moving through to the heart of the home, an open plan kitchen, dining and north-facing living area fill the home with plenty of light. The kitchen includes 600mm fan forced wall oven and five-burner gas cooktop, walk-in pantry, granite bench tops with plenty of cupboard and draw space for storage. Outdoors there are multiple spaces for the whole family to enjoy. A Private courtyard is in the central part of the home and is a perfect spot to sit and enjoy your morning coffee or to entertain all year round.

Read the full description

Enjoy an array of cafes, restaurants, shopping, supermarkets and medical Center only moments from your door, within walking distance of Newtown, Manifold Heights and Holy Spirit Primary Schools, Sacred Heart, St Joseph's and Geelong Colleges, five minutes (approx.) from Geelong Station, this location places you within easy reach of everything you need for the perfect lifestyle. Resplendently presented and poised for your enjoyment, seize this opportunity to enter one of Geelong's most coveted enclaves. The allure of this property is undeniable; don't miss your chance to make it yours.

- Oversized double-car garage equipped with a loft for ample storage

- Ducted heating and split system cooling ensuring comfort all year round

- Three original fireplaces throughout

- Central bathroom with freestanding bath servicing three additional bedrooms

- Laundry room with ample storage space featuring external access

- Study nook in main living area perfect for those who work from home

- Perfectly packaged on 493m3 (approx.)

- Open plan kitchen, living and dining soaks up the northern sun

Listing description written by Jasmin Jurkovic, McGrath Geelong | Newtown — reproduced as published, not verified by Districts.

Also look at

Also for sale in Manifold Heights

  • 21 Lascelles Ave, Manifold Heights VIC 3218

    4-bed house. Asking $2M–$2.2M.

    For sale
  • 1 Purrumbete Ave, Manifold Heights VIC 3218

    2-bed house. Asking $795K–$870K.

    For sale
  • 8 Philip St, Manifold Heights VIC 3218

    4-bed house for sale. Asking $950K–$1.04M.

    For sale
  • 279 Autumn St, Manifold Heights VIC 3218

    3-bed house. Asking $1.08M–$1.15M.

    For sale
Districts

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

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

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