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 › Cherrywood Ave
$760,000
Last sold
17 Oct 2025
4
Bedrooms
2
Bathrooms
2
Car spaces
605 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
$760,000
17 Oct 2025 · derived via latest_sale
Local land rate: recorded House sales in Manor Lakes (last 5 years) with land size have a median of $1,521/m² of land (n=115). 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
+15.6%
Median sale
Suburb $657,389
-0.51 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.
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 Villarosa Real EstateEffortlessly balancing sophistication, comfort and practicality, this beautifully appointed single-level residence invites you to enjoy resort-inspired living every day of the year!
Designed for families and downsizers alike, it offers multiple living zones and a seamless connection to a private outdoor retreat complete with a magnesium pool and separate wading area, perfect for little ones or four-legged friends!
Step inside to discover an intuitive floorplan that promotes both relaxation and entertaining. The spacious open-plan living and dining area flows to an undercover alfresco, perfect for year-round gatherings. A well-appointed kitchen with butler’s pantry anchors the home as a true entertainer’s hub.
With four bedrooms plus a dedicated rumpus and lounge, there’s space for every member of the family to unwind. The master suite is privately zoned at the front, featuring a dressing area and elegant ensuite; a serene retreat at the end of the day.
Outdoors, the focus is on effortless enjoyment. Bathed in all-day sun, the sparkling magnesium pool is complemented by a 40cm wading zone, delivering a luxurious resort vibe, while landscaped surrounds ensure a low-maintenance lifestyle.
Located in a peaceful pocket of Manor Lakes, close to schools, shopping, parks, and transport, this home delivers the perfect blend of modern comfort and resort-style living - all on one easy-care level.
Be quick.
Listing description written by David Villarosa, Villarosa Real Estate — reproduced as published, not verified by Districts.