20506 Owego Rd MANOR LAKES, VIC 3024

Manor Lakes, Wyndham, VIC, 3024

$ 797,000

Manor Lakes, Wyndham, VIC, 3024
20506 Owego Rd MANOR LAKES, VIC 3024-0
20506 Owego Rd MANOR LAKES, VIC 3024-1

Property Images

20506 Owego Rd MANOR LAKES, VIC 3024-0 20506 Owego Rd MANOR LAKES, VIC 3024-1

Overview

Property ID: LA-23506

  • Co living
  • Property Type
  • 4
  • Bedrooms
  • 3
  • Bathrooms
  • 2
  • Cars
  • 166

Details

Updated on May 29, 2026 at 12:26 am

Property Type: Co living
Price: $ 797,000
Land Price: $ 381,000
Build Price: $ 416,000
Gross Per Week: $ 260**
Gross Per Annum: $ 13,520
Gross Yield: 1.70%
Capital Growth 12 Months: 1.94%
Capital Growth 10 Year Annualised: 6.76%
Vacancy Rate: 7.18%
Property Size: 166 m2
Land Area: 400 m2
Bedrooms: 4
Bathrooms: 3
Parking: 2
Title Status: Jun-26
Property ID: BP-7494291
SKU: 1045

Description

Experience contemporary living with this Co Living in Manor Lakes, designed to meet the expectations of modern buyers and investors. Offering 4 bedrooms, 3 bathrooms and 2 car space/s, it provides a functional layout with stylish finishes. The property combines comfort, efficiency and long-term durability. Positioned in a well-connected and growing community, it ensures strong appeal for tenants and buyers alike. An opportunity that blends convenience with future value.

Manor Lakes is a vibrant and family focused suburb offering modern homes, great parks and a comfortable lifestyle. Residents enjoy access to quality schools and the Manor Lakes Shopping Centre that supports everyday needs. Transport connections including the train station make commuting simple. Ongoing development continues to elevate convenience and livability. Investors value Manor Lakes for its affordability, growth and steady rental demand.

This Co Living in Manor Lakes is more than just a property, it's a secure, future-ready investment. Combining location, design and return potential, it makes a valuable addition to any portfolio. A choice that blends stability with opportunity.

A co-living property is a type of shared accommodation that offers private bedrooms with ensuite bathrooms and communal spaces such as kitchens, living rooms, dining areas, laundry facilities and outdoor areas.

Co-living properties are designed to foster a sense of community, convenience and comfort among the residents, who can enjoy the benefits of having their own space as well as socialising with like-minded people.

A co-living property attracts tenants who are looking for an affordable, flexible and hassle-free living option that suits their lifestyle and needs.

Co-living tenants are typically young professionals, students, digital nomads, entrepreneurs, creatives and seniors who value convenience, connectivity and collaboration.

A co-living property offers benefits to an investor who is looking for a high-yield, low-risk and future-proof investment opportunity.

Co-living properties have a higher occupancy rate, lower vacancy rate and lower turnover rate than traditional rental properties, as they cater to the growing demand for affordable and flexible housing solutions in urban areas.

Co-living properties also have higher capital growth potential, as they are generally located in prime locations with access to transport, education, employment and entertainment hubs.

You can read more about Co-Living here: https://ausinvestmentproperties.com.au/blogs/co-living-the-future-of-australian-housing

Floor plans

floor_plan.png
Address 20506 Owego Rd MANOR LAKES, VIC 3024
City Wyndham
State VIC
Postcode 3024
Suburb Manor Lakes
Estate MANOR LAKES ESTATE

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Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.

Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.

Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.

SMSF Property Investing, when investing inside your SMSF there are some restrictions on how you can purchase investment properties. We use the following information to help navigate the SMSF investment property options.

This property is a single-contract property suitable for an SMSF.

SMSF Single Contract

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