Immerse yourself in the beauty of rural living, with this expansive block allotment nestled on top of a serene hill just moments from the Geelong city centre. Regarded as one of the largest rural living allotments in the locale, this generously sized plot covers an impressive 5.4 acres of fairly flat terrain. Awake to breathtaking views of Geelong and enjoy the tranquillity of this semi-rural destination boasting farm animals and neighbourly charm. This incredible allotment offers you the freedom to design your dream home to suit your lifestyle aspirations, with three street frontages. Capture the essence of country living with sprawling gardens, ample outdoor living spaces, or even establishing a hobby farm. Location is the cherry on this high-value property; it is strategically positioned right next door to Urban Growth Zoned land which will be part of Geelong's Northern Growth Area and future residential suburb. From here you can easily access to the Ring Road, it is also a 5 minute drive from various conveniences and amenities (including quality schools, shopping centres and bus stops) and just minutes away from the heart of Geelong and the prized waterfront. This sizeable allotment has established neighbours, adding a comforting sense of community. The land itself offers ample space for a sprawling family home, promising a shift to the calm and peaceful side of life away from the hustle and bustle.... For now! The possibilities are endless on this blank canvas waiting for your creativity.
Due Diligence checklist are available at www.consumer.vic.gov.au/duediligencechecklist
The size of Lovely Banks is approximately 29.9 square kilometres. It has 4 parks covering nearly 0.4% of total area. The population of Lovely Banks in 2011 was 2,218 people. By 2016 the population was 2,296 showing a population growth of 3.5% in the area during that time. The predominant age group in Lovely Banks is 10-19 years. Households in Lovely Banks are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lovely Banks work in a trades occupation. In 2011, 82.5% of the homes in Lovely Banks were owner-occupied compared with 79.9% in 2016.
Lovely Banks has 1,289 properties. Over the last 5 years, Houses in Lovely Banks have seen a 46.33% increase in median value, while Units have seen a 49.83% increase. As at 31 July 2024:
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