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 › Portulaca Ave
$312,000
Last sold
19 May 2026
0
Bedrooms
0
Bathrooms
0
Car spaces
369 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
Last sold
$312,000
19 May 2026 · derived via latest_sale
Local land rate: recorded Land sales in Manor Lakes (last 5 years) with land size have a median of $953/m² of land (n=4). 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.
Vs Manor Lakes
-52.5%
Median sale
Suburb $657,389
+4.12 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 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. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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.
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
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 Lakes2 Portulaca Avenue, Manor Lakes, VIC 3024
Land Size: 369m² (approx.) | Park Facing
The Opportunity
Set in the highly prestigious and sought-after Parkbrook Estate, this exceptional 369m² (approx.) allotment delivers a rare and premium lifestyle opportunity. Positioned directly opposite lush parklands, this ready-to-build block is the perfect canvas for your dream home, offering a blend of everyday convenience, natural beauty, and outstanding long-term potential.
The Park-Facing Lifestyle
Imagine stepping out your front door to serene, uninterrupted views of open green spaces. Living park-facing means the park becomes an extension of your own front yard-without the maintenance! It's the ultimate setting for morning coffees with a view, evening strolls, and a safe, expansive area for the kids to play right across the street. A park-frontage elevates not just your daily lifestyle, but the long-term premium value of your property.
Property Highlights:
369m² Allotment: The ideal size for a modern, low-maintenance luxury home.
Ready to Build: Start your project without delay and bring your architectural vision to life.
Premium Orientation: Unobstructed parkland views that can never be built out.
Location & Everyday Convenience
Manor Lakes continues to attract families and savvy investors thanks to its vibrant community atmosphere and established infrastructure. Everything you need is within easy reach:
Shopping: Minutes to Manor Lakes Central Shopping Centre and local retail hubs.
Commuting: Close to Wyndham Vale Train Station for an easy commute, plus seamless access to major road networks (approx. 35km to the Melbourne CBD).
Education: Surrounded by excellent schooling options including Manor Lakes P–12 College, Wyndham Vale Primary School, and Our Lady of the Southern Cross Primary School.
Exciting New Developments & Confirmed Timelines:
Secure your land in a booming growth corridor where major infrastructure projects will dramatically improve living convenience and drive future value:
Retail Super Hub (Immediate Boost): A major new 11,000sqm retail project is underway directly opposite Manor Lakes Central. Plus, the brand-new Bunnings Warehouse at Manor Lakes Park Hub is now open, alongside new dining options including McDonald's and a soon-to-be-completed Service Station on Ballan Road.
Major Connectivity Projects: The Ison Road Overpass is currently under construction and projected to open by the end of 2026, offering a new direct route to the M1 Freeway. Furthermore, the $85 Million Wyndham Ring Road investment is progressing, enhancing connections to Sayers Road in Tarneit.
Education Boost (Brand New Schools): Good News Lutheran College Mambourin Campus is ALREADY OPEN (commenced Term 1, 2025), and the MacKillop Catholic College campus is confirmed to open its next stages starting in 2027.
Build Your Ideal Home
Whether you're ready to build your forever home or secure a smart investment in a high-demand area, this park-facing gem in Parkbrook Estate is an opportunity that truly stands out.
Contact The Gambros Today!
Don't miss out-contact Ishesh Gambhir or Shrey Gambhir to secure this premium parcel of land.
Ishesh Gambhir | 0450218420
Shrey Gambhir | 0412079439
Reliance Real Estate
DISCLAIMER: All dimensions provided are approximate. The information given is for general purposes only and does not constitute any representation on the part of the vendor or agent. Purchasers should make their own enquiries.
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.