3/44 Maywood Road, Manor Lakes VIC 3024

3/44 Maywood Road, Manor Lakes VIC 3024
3-bed townhouse in Manor Lakes | modern finishes | family-zoned schools | low-maintenance buy This property presents a strong entry point for first-home buyers and investors seeking a modern, low-maintenance townhouse in a family-oriented pocket of Manor Lakes. The open-plan layout and secure double garage are practical features that align with current buyer preferences, while the school zoning for Ngarri Primary and Manor Lakes P-12 College adds long-term appeal. The estimated rental return of around $490 per week supports a solid yield, making this a viable option for those prioritising cash flow or a cost-effective foothold in the area. The primary risk lies in the land being part of a multi-dwelling parcel at 44 Maywood Road, which may involve body corporate fees and shared title arrangements that should be confirmed before proceeding. The wide variation in value estimatesโ€”from $547,000 to $670,000โ€”signals some market uncertainty, though the asking price sits competitively within the lower range. No bushfire, flood, or heritage overlays were detected, reducing planning risk, and 5G coverage is a modest convenience. For a buyer seeking a turnkey home with rental potential and minimal upkeep, this property offers a clear opportunity, provided the strata conditions are acceptable.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 3/44 Maywood Road, Manor Lakes VIC 3024
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Market Insight:

Manor Lakes is a young, family-oriented suburb with high owner-occupancy, positioning it as a stable entry point for Melbourne’s western growth corridor. Demand is driven by first-home buyers and young families seeking new housing, supported by strong household incomes. Recent price trends show modest, steady growth with houses transacting efficiently, indicating sustained buyer confidence. Future growth is underpinned by ongoing development appeal, though the market faces constraints from tight supply and typical vendor negotiations.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

1587mยฒ

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