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.
VIC › Manor Lakes › Kutjera St
$550,590
For sale
Asking
3
Bedrooms
2
Bathrooms
2
Car spaces
262 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
Asking
$550,590
Asking · $2,101/m² of land
No recorded sale for this property.
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.
Vs Manor Lakes
-16.2%
Median sale
Suburb $657,389
+0.72 pp
Gross yield
Suburb 3.73%
Suburb median $657,389 from 160 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$33,196 on top of the price (6.0% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Manor Lakes's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
Planning
Planning data is being calculated
Data unavailable
Source
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 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 exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
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.
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.
Gross yield if leased at the suburb aggregate is 4.4%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
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.”
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
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.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis 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
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
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.
Listing material
Listed by Reliance Real Estate Manor Lakes18 Kutjera Street, Manor Lakes, VIC 3024
3 Bed | 2 Bath | 1 Car
The Investment Opportunity
If you are looking for a completely hands-off, secure, and high-performing addition to your portfolio or Self-Managed Super Fund (SMSF), your search ends here.
This immaculate, low-maintenance property offers immediate income with a secure, long-term tenancy already in place. Currently leased to excellent renters at $1885 per month until September 2027, this property guarantees a steady cash flow from day one. Plus, in accordance with Victorian tenancy laws, there is excellent scope for future rental yield increases with annual rent reviews, ensuring your investment keeps pace with the booming local market.
The Build: Hermitage Homes Quality
Built recently in August 2024 by the highly reputable Hermitage Homes, this property offers the absolute peace of mind of an active Victorian Builder's Warranty. As a near-new build, investors will also benefit from maximum tax depreciation schedules, drastically improving your bottom line.
Designed specifically with low-maintenance longevity in mind, the home features:
Accommodation: 3 generously sized bedrooms, including a master suite with a private ensuite and walk-in robe.
Premium Kitchen: Outfitted with highly durable stone benchtops and 900mm stainless steel appliances.
Living Zones: A sun-drenched, open-plan living and dining area with high-quality flooring that stands the test of time.
Climate Control: Ducted heating and a reverse-cycle split system for complete tenant comfort.
Secure Parking & Yard: A single remote-controlled garage with internal access, plus a fully fenced, zero-fuss backyard that is incredibly easy to maintain.
The Location & Capital Growth Upside
A property is only as good as its location, and 18 Kutjera Street is positioned for massive future capital growth. It is situated in the highly tightly held Parkbrook Estate, making it incredibly easy to lease year after year.
Exceptional Walkability: Your tenants can easily walk to local bus stops, premium childcare centers, Ngarri Primary School, and Manor Lakes P-12 College. Manor Lakes Central Shopping Centre is also just a short stroll away.
Booming Infrastructure: Capitalize on the massive local developments driving equity up. The brand-new Good News Lutheran College Mambourin Campus is open, and MacKillop Catholic College is locked in for nearby expansion.
Seamless Connectivity: The massive Wyndham Ring Road bridge project and the Ison Road Overpass (opening late 2026) are just moments away, creating a direct, high-speed link to the M1 Freeway.
Properties with this level of security, guaranteed income, and structural peace of mind do not last long in today's market.
Secure your financial future today! Contact The Gambros for a private discussion on this premier investment.
Ishesh Gambhir
Shrey Gambhir
Reliance Real Estate
DISCLAIMER: All stated dimensions and distances are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent.
Financial & Tax Disclaimer: Any information regarding SMSF suitability, rental yields, or tax depreciation is general in nature and does not constitute financial, tax, or legal advice. Buyers must conduct their own due diligence and consult with independent financial advisors.
For the due diligence checklist, please visit:
consumer.vic.gov.au/duediligencechecklist
Listing description written by Ishesh Gambhir, Reliance Real Estate Manor Lakes — reproduced as published, not verified by Districts.
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