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Sanctuary Lakes suburb profile

Sanctuary Lakes is a waterside residential suburb in Melbourne's west centred on an artificial lake and a golf course, with streets that curve around foreshore reserves and waterfront homes. It has a planned, family-oriented feel with modern detached houses, lakefront townhouses and generous open space, and many properties back onto walking trails and small wetlands. Residents use a local shopping precinct, leisure facilities and nearby schools, while road connections and public transport link to the coast and other western suburbs. The suburb’s enduring character is its lakefront promenades, green corridors and the fairways that shape the neighbourhood.

Sanctuary Lakes property market performance

Sanctuary Lakes has relatively few recent property sales, so there isn't enough data to publish a reliable median price for houses or units.

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Suburbs near Sanctuary Lakes

Some popular suburbs near Sanctuary Lakes include:

How does Sanctuary Lakes compare to nearby suburbs?

  • House price growth: Over the past 12 months, house prices in Sanctuary Lakes have grown 2.7% higher than in Point Cook.
  • House price growth: Over the past 12 months, house prices in Sanctuary Lakes have grown 22.7% lower than the average rate of growth across Melbourne.
  • Unit price growth:Over the past 12 months, unit prices in Sanctuary Lakes have grown 25.6% lower than the average rate of growth for units across Melbourne.

Choose the right real estate agents in Sanctuary Lakes

Choosing the right real estate agent in Sanctuary Lakes can have a big impact on your sale. While there are 32 real estate agents working in the suburb, but just 5 of them were responsible for 59.8% of all property sales over the past year, showing a strong footprint and track record in the area.

Commission rates typically range from 2% to 2.5%, depending on the agent and what’s included. Comparing both performance and fee structures can help you find someone who's well-suited to your needs, and set them up for a successful result.

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