Lot 302, Winterset, Manor Lakes, VIC

Manor Lakes 3-Bed SMSF Package with Projected 3.2 % Rental Yield

3

Bedrooms
2

Bathrooms
1

Car Spaces

$667,600

$667,600

Sale Sold out

Rental Yield

3.2%

Weekly Rent

$450

Annual Rent

$21,364

CASH OR EQUITY REQUIRED

$171146

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"Turnkey 3‑Bedroom SMSF Package in Rapid‑Growth Manor Lakes – ~3.2 % Gross Yield & Melbourne‑West Upside"

Property analysis by:

Investment Highlights

Lot 302, Winterset Estate delivers an affordable, SMSF‑compliant entry to one of Melbourne’s fastest‑growing corridors. A fixed‑price turnkey build (fencing, landscaping, blinds, appliances) means rental income can commence immediately on hand‑over.

Independent rental appraisal: $420 – $450 pw, dated 18 Mar 2025
Gross yield (mid‑point $435 pw): ~3.2% on a $597k median Manor Lakes house price
Vacancy rate: sub‑3 % across 3‑bed houses (tight rental market maintains ~31 DOM)
Population growth: Wyndham LGA averaging 4.8 % p.a., among Australia’s fastest‑growing
Infrastructure catalysts: Melbourne Airport Rail (under construction), $11 bn West Gate Tunnel, Manor Lakes SC expansion

Key Numbers

Bedrooms / Bathrooms / Car: 3 / 2 / 2
Estimated build completion: Q4 2025 (fixed‑price, turnkey contract)
Stamp duty (land only): est. $20.8k (VIC investor rates on $300k land value)

Cash‑Flow Snapshot*

Annual rent (mid‑point) $22,620
Less 2 weeks vacancy ‑$870
Management 7 % + GST ‑$1,742
Rates & insurance ‑$3,100
Maintenance allowance ‑$900
Net income (pre‑interest) $16,008 p.a.
Net yield (vs $597k median) 2.7 %

Location Drivers

• 35 km west of Melbourne CBD; V‑Line express reaches Southern Cross in 33 min.
• New Manor Lakes Blvd Primary and future secondary college underpin family demand.
• Major employers within 10 km: Pacific Werribee, Avalon Airport, $2 bn Australian Education City proposal.
• $45 m duplication of Ballan Rd plus Outer Metropolitan Ring will further cut commuting times.

Risks & Mitigants

Interest‑rate risk: sensitivity modelled at +2 % buffer on current investor rates.
Build delay: fixed‑price HIA contract with liquidated‑damages clause.
Tenant demand: vacancy below metro average; 200+ enquiries per month for 3‑bed rentals.
Exit liquidity: Sub‑$600k price point keeps resale pool broad (FHB + investors).

Lot 302, Winterset, Manor Lakes, VIC