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VIC › Manor Lakes › Malt Dr

39 Malt Dr, Manor Lakes VIC 3024

For saleHouse for Sale

$560,590

For sale

Asking

3

Bedrooms

2

Bathrooms

2

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $560,590 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $560,590(Listing record · 10 Aug 2026)
  • CalculationAsk is 15% below 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 4.37% — 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

$560,590

Asking

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

-14.7%

Median sale

Suburb $657,389

+0.64 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

Purchase Price
$560,590
Stamp Duty (Victoria)
$28,705
Transfer/Registration Fee
$1,415
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
$594,410

$33,820 on top of the price (6.0% 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

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

Net yield
2.87%
Annual cashflow (pre-tax)
$-13,068
Interest cover (DSCR)
0.55
Annual rent
$24,492
Operating expenses
$8,409
Loan amount
$448,472
Annual interest
$29,151
Gross yield
4.37%

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$560,590available10 Aug 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 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

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 Malt Dr →

Listing material

Listed by Reliance Real Estate Manor Lakes

Modern Family Living Just Steps from Schools, Parks & Wyndham Vale Station!

Positioned in a family-friendly pocket of Manor Lakes, this home presents a stylish single-level home with a thoughtfully designed floorplan that places comfort, functionality and easy everyday living at the forefront. The layout offers excellent separation between the bedroom accommodation and the main living zone, while generous proportions, a fresh neutral palette and excellent natural light give the home a bright and welcoming feel throughout.

The spacious open-plan living, dining and kitchen area forms the central hub of the home, creating an effortless space for relaxing, entertaining and family life. Well-appointed bedrooms, dedicated work-from-home space, multiple heating and cooling options and a private low-maintenance outdoor area complete a home designed to deliver modern convenience without unnecessary upkeep.

Key Features

Read the full description

Contemporary single-level façade combining exposed brickwork, rendered architectural features and warm timber-look detailing

Neat, low-maintenance landscaped frontage

Welcoming covered entry and modern street presence

Well-considered floorplan offering excellent separation between living and accommodation zones

Spacious open-plan living and dining area with an abundance of natural light

Large windows and sliding glass doors enhancing the indoor-outdoor connection

Convenient built-in study nook, ideal for working or studying from home

Split-system heating and cooling to the main living area

Ducted heating throughout for year-round comfort

Elegant contemporary kitchen with a fresh neutral colour palette

Extensive cabinetry providing excellent storage and preparation space

Generous benchtops with convenient breakfast-bar seating

Quality cooktop with stainless-steel rangehood, built-in oven and dishwasher

Large kitchen window providing additional natural light and an outlook to the exterior

Generously proportioned master bedroom with its own split-system heating and cooling

Large feature window with block-out blind and spacious walk-in robe

Private ensuite with large shower, contemporary vanity and excellent storage

Modern basin, mirror, tapware and fixtures

Remaining bedrooms are generously sized and include built-in robes

Additional split-system cooling to selected bedroom accommodation

Central family bathroom featuring a full-size bathtub and separate shower

Modern vanity with useful under-bench storage

Practical neutral finishes designed for easy everyday living

Private rear outdoor entertaining area accessed directly from the main living zone

Generous hard-surfaced entertaining space, ideal for an outdoor dining setting or BBQ area

Secure timber boundary fencing providing excellent privacy

Low-maintenance rear yard designed to maximise usable outdoor space without the upkeep

Key Locations

Birnbial Family Centre – 350 m

Ngarri Primary School – 450 m

Muscatel Crescent Playground – 750 m

Holyoake Parade Reserve Playground – 750 m

Upcoming Active Open Space – 2.1 km

Nido Early School Wyndham Vale – 2.1 km

Club Jubilee One Private Facility – 2.1 km

Manor Lakes P–12 College – 2.5 km

Village Park Playground – 2.7 km

Wyndham Vale Train Station – 2.8 km

Our Lady of the Southern Cross Primary School – 2.9 km

Upcoming Government Primary School – 3.1 km

Upcoming Active Open Space – 3.3 km

Manor Lakes Central Shopping Centre – 3.8 km

Laa Yulta Primary School – 3.8 km

Wyndham Vale Square Shopping Centre – 4.8 km

Call Milan on 0469 870 828 or Bilal on 0475 750 002 for any further information.

DISCLAIMER: All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent.

Please see the below link for an up-to-date copy of the Due Diligence Check List: http://www.consumer.vic.gov.au/duediligencechecklist.

Listing description written by Bilal Ali, Reliance Real Estate Manor Lakes — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Dishwasher
  • Ducted Heating
  • Ensuites: 1
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.