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VIC › Manor Lakes › Pierbrook Ave

25 Pierbrook Ave, Manor Lakes VIC 3024

For saleHouse for Sale

$950,000–$980,000

For sale

Asking range

6

Bedrooms

4

Bathrooms

2

Car spaces

512 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $950,000–$980,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $950,000–$980,000(Listing record · 28 July 2026)
  • FactLand 512 m²; no building size recorded.(Property record)
  • CalculationAsk is 45% above the Manor Lakes median recorded sale ($657,389, n=160, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Manor Lakes's advertised median rent ($471/wk), implied gross yield would be 2.58% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  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

The ask against the evidence

Asking

$950,000–$980,000

Asking range · $1,855/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.

See the full Manor Lakes report →

Vs Manor Lakes

+44.5%

Median sale

Suburb $657,389

-1.15 pp

Gross yield

Suburb 3.73%

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

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$950,000
Stamp Duty (Victoria)
$52,070
Transfer/Registration Fee
$2,327
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,008,097

$58,097 on top of the price (6.1% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Manor Lakes's advertised median rent — not a rent for this listing.

Net yield
1.08%
Annual cashflow (pre-tax)
$-39,158
Interest cover (DSCR)
0.21
Annual rent
$24,492
Operating expenses
$14,250
Loan amount
$760,000
Annual interest
$49,400
Gross yield
2.58%

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.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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. Listed$950,000–$980,000available28 July 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?

Planning 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.

What could kill that thesis?

Confidence: low

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

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

Gross yield if leased at the suburb aggregate is 2.6%. 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

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.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • 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?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). 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

    Development applications have not been queried 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 Pierbrook Ave →

Listing material

Listed by Eview Group

Grand Family Living Opposite Pierbrook Park with Two Master Suites!!

Positioned in one of Manor Lakes' most sought-after locations and directly opposite the picturesque Pierbrook Park, this exceptional family residence delivers the space, flexibility and quality that modern families have been searching for. Designed to comfortably accommodate large or multi-generational families, the home offers six generous bedrooms, multiple living zones and an impressive list of premium features, all while embracing energy-efficient living.

From the moment you step inside, the home's generous proportions are immediately apparent. The ground floor offers a formal lounge, a separate rumpus room and a spacious open-plan family and dining area that creates the perfect setting for everyday living and entertaining. At the heart of the home, the designer kitchen features expansive stone benchtops, quality appliances, abundant storage and a large butler's pantry, making meal preparation and entertaining effortless. A private master suite with a fully appointed ensuite on this level provides an ideal option for guests, extended family or those seeking single-level convenience.

Upstairs continues to impress with a spacious retreat, offering a versatile second living area for growing families. The luxurious main master suite enjoys a large walk-in robe, stylish ensuite and a private balcony overlooking Pierbrook Park-an ideal place to unwind at the end of the day. Four additional oversized bedrooms, each complete with walk-in robes, are serviced by a central family bathroom, ensuring every member of the family enjoys their own comfortable space.

Read the full description

Step outside to discover a substantial undercover alfresco area, perfectly designed for year-round entertaining with family and friends. The generous backyard still offers plenty of room for children and pets to play, while side access provides secure storage for a boat, caravan or trailer.

Adding further appeal are quality inclusions such as solar panels, electric heating and cooling, gas ducted heating, evaporative cooling, CCTV security, a double remote garage with internal access, a garden shed, productive gardens and excellent storage throughout.

Located within easy reach of Manor Lakes Shopping Centre, Manor Lakes Train Station, quality schools, childcare facilities, parks, walking trails and everyday amenities, this outstanding residence offers the perfect combination of lifestyle, convenience and space.

Homes of this size, quality and location are rarely available. If you've been searching for the complete family package in Manor Lakes, this is an opportunity not to be missed.

For more information, contact one of our friendly team members at Eview Real Estate.

• Mahesh Krishna - 0417 418 117

• Rajvi Shah - 0478 373 856

• Amar Nandan - 0478 371 613

Please note that photo ID is required for open inspections.

For due diligence checklist, please visit the following link: https://www.consumer.vic.gov.au/duediligencechecklist

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 are advised to make their own enquiries.

PLEASE NOTE: Open for inspection times are subject to change or cancellation without notice. We suggest checking the OFI details on the day of inspection.

Listing description written by Mahesh Krishna, Eview Group — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Alarm System
  • Balcony
  • Broadband
  • Built-in Robes
  • Dishwasher
  • Ducted Heating
  • Ensuites: 2
  • Outdoor Entertaining
  • Rumpus Room
  • Secure Parking
  • Shed
  • Solar Panels
  • Study
  • Toilets: 5
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.