17 Pastille Road, Manor Lakes VIC 3024

Modern family home | Lollipop Hill Estate | Bushfire overlay present | Near schools | Strong rental demand This property presents a strong buying case for families seeking a modern, low-maintenance home in a well-established estate. The 2018 build with 238m² of floor space and 53% building coverage offers generous internal living without overwhelming the 448m² block, creating a balanced footprint that appeals to owner-occupiers. The NBN FTTP connection and 5G coverage support modern work-from-home needs, while proximity to Ngarri Primary School and Manor Lakes P-12 College adds long-term buyer appeal. The recent June 2025 lease confirms active rental demand, making this viable for investors seeking a 3.6% yield in line with suburb averages. The detected bushfire, flood, and heritage overlays represent material risks that require due diligence on insurance costs and development restrictions. However, the $650,000 November 2024 sale provides a recent market anchor, and current estimates clustering around $690,000 suggest measured upside potential. The comparable property at 16 Pastille Road with a larger 511m² block valued at $739,000 indicates this house may be priced at a slight discount per square metre, offering negotiating room for buyers who accept the overlay risks.