20506 Owego Rd MANOR LAKES, VIC 3024

Manor Lakes, Wyndham, VIC, 3024

$ 955,119

Manor Lakes, Wyndham, VIC, 3024
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Property Images

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Overview

Property ID: LA-24750

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

Details

Updated on May 22, 2026 at 12:51 am

Property Type: Co living
Secondary Type: SMSF
Price: $ 955,119
Land Price: N/A
Build Price: N/A
Gross Per Week: $ 550
Gross Per Annum: $ 28,600
Gross Yield: 2.99%
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: June 2026
Property ID: BP-3498257
SKU: 1045

Description

This modern Co Living in Manor Lakes delivers a compelling opportunity for both investors and homeowners. Featuring 4 bedrooms, 3 bathrooms and 2 car space/s, it is designed to maximise space, comfort and functionality. Its contemporary design ensures low maintenance while maintaining strong visual appeal. Located in a high-growth area, it supports both steady rental income and long-term appreciation. A property built with both practicality and performance in mind.

Manor Lakes is a thriving suburb in Melbourne's west, known for its family-friendly atmosphere, modern amenities, and strong infrastructure growth. The area offers easy access to schools, shopping centres, parks, and public transport, making it highly attractive for both families and young professionals. With ongoing development and excellent connectivity to the CBD, Manor Lakes is one of Melbourne's key growth corridors and continues to show strong demand for rental properties.

Designed to perform in today's rental market, this Co Living in Manor Lakes combines reliable yield with capital appreciation potential. It's a well-rounded opportunity that fits both short-term goals and long-term strategies. A solid investment you can depend on.

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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