9 Edwin Close, Manor Lakes VIC 3024
9 Edwin Close, Manor Lakes VIC 3024
This is a single-level, 4-bedroom home built in 2016 on approximately 393 square metres of land with a 154 square metre floor plan. It features four king-size bedrooms, including a master with a walk-in robe and ensuite, plus a central bathroom. The kitchen has stone benchtops, and the home includes floorboards, ducted heating, split-system cooling, and high ceilings. It has a double garage with internal access and a north-facing orientation.
What is competitively strong about this property is its configuration as a four-bedroom home on a manageable, low-maintenance block, which is a practical fit for families seeking space without excessive upkeep. The north-facing orientation and high ceilings are less common in newer builds of this size and contribute to a brighter, more open living environment. Built in 2016, it is newer than much of the surrounding stock, offering modern finishes and construction standards. Its location in a quiet pocket of Manor Lakes, close to a P-12 school and within reasonable distance to a railway station and shopping centre, positions it well for families prioritizing convenience and a settled neighbourhood character. This property is best suited to young families or downsizers looking for a modern, single-level home with good access to daily amenities.
The property’s value may be influenced by its land size, which is slightly below what is typical for a four-bedroom home in the area, potentially limiting its appeal to buyers seeking a larger block. The absence of any bushfire, flood, or heritage overlays is a neutral factor, but the 2016 build year means some systems may approach the end of their typical lifespan, such as the hot water system or appliances, which a buyer might factor into their offer. The property’s price positioning relative to its recent sale history suggests modest appreciation, but the current market conditions and buyer demand for this specific configuration will ultimately determine how quickly it sells. A buyer should consider the balance between the home’s modern features and the land size when forming their view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 9 Edwin Close, Manor Lakes VIC 3024
Checks found:
Value Risk
✓
Liquidity Risk
✕
2
Planning Risk
✕
2
Income Risk
✓
Execution Risk
!
1
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.
PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
393m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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