Manor Lakes, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Manor Lakes
VICCensus 2021 · Population 12,672
Manor Lakes is a suburb with a total population of 12,672, characterized by a young median age of 31 years, compared to the Victorian average of 38. The gender distribution is balanced with 50% male and 50% female residents. The suburb has a significant proportion of families, with 64% being couples with children and 22% couples without children. The average household size is 3.3 people, indicating a family-oriented community. Education levels are relatively high, with 39.2% of residents holding a bachelor's degree or higher, surpassing the Victorian average of 29.2%.
Key Highlights
- Young population with a median age of 31 years (vs VIC 38)
- High labour force participation at 73.6%
- Above average education levels with 39.2% holding bachelor's degrees (vs VIC 29.2%)
- High home ownership with 63.5% owned with a mortgage
- Significant cultural diversity with 26% born in India
Things to Consider
- Unemployment rate of 6.3% is above the Victorian average of 5.0%
- Limited public transport usage at 9.1%
- Low percentage of homes owned outright at 7.8%
- High percentage of English not spoken at home at 56.3%
- Potential health concerns with 7.1% of residents having asthma
What's it like living here?
Daily life in Manor Lakes is shaped by a high rate of home ownership, with 63.5% of homes owned with a mortgage. The suburb offers a strong sense of community, with 88.8% of households being family households. Commuting is facilitated by a significant percentage of residents working from home (32.8%), which is higher than the Victorian average of 25.7%. The suburb also has a notable percentage of residents who drive to work (41.3%).