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.
VIC › Manifold Heights › Shannon Ave
3
Bedrooms
1
Bathrooms
2
Car spaces
639 m²
Land
Districts View
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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Manifold Heights (last 5 years) with land size have a median of $1,729/m² of land (n=26). 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.
Planning
Planning scheme
ZN
Zone
NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 8
NRZ8
Jurisdiction
Greater Geelong
Greater Geelong, VIC
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
VICZoned NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 8 · NRZ8 (ZN). Official parcel area about 640 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.
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. Official parcel about 640 m² — land size can look like optionality. What reduces it: DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 14. 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
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.
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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 8 · NRZ8 (ZN). Official parcel area about 640 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
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?
KnownlowOfficial parcel about 640 m² — land size can look like optionality. What reduces it: DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 14. This overlay can reduce what the land size appears to promise.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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
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.
Listing material
Listed by The Geelong AgencyDiscover a rare “renovate or detonate” opportunity in one of Geelong's most prestigious and tightly held pockets. Set on a generous 639sqm allotment at 243 Shannon Avenue, Manifold Heights, this 1945-built residence offers a true blank canvas for the discerning buyer or developer. With three bedrooms, one bathroom and large living areas on a substantial block, the property provides a solid foundation to either restore its original charm or demolish and create something entirely new.
While the home requires significant structural and plumbing works at the rear, the real value lies in the exceptional location and the freedom this site presents. Positioned in a low-turnover, high-demand suburb, this is a rare chance to secure a sizeable parcel of land in an area where homes are seldom available. Manifold Heights continues to be one of the most sought-after family neighborhoods in Geelong, offering a tightly held, established character with strong community appeal.
Zoned for reputable Manifold Heights Primary School and within easy reach of quality public and private secondary schools, the location is superb. Shannon Avenue itself is an up-and-coming precinct for cafés and boutiques, mirroring the vibrant energy of nearby Pakington Street. Enjoy effortless access to Geelong CBD, excellent public transport links, and direct access via Latrobe Terrace to both Melbourne and the Great Ocean Road.
This is a genuine opportunity to create your dream home in an enviable position. Don't miss your chance to secure this canvas in Manifold Heights.
The Geelong Agency welcomes you home.
Disclaimer:
We have obtained this property information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations.
Listing description written by Mitchell Falzon, The Geelong Agency — reproduced as published, not verified by Districts.