FOR SALE
Contact Jatinder on 0430 111 033

Contact Agent For Address
Lovely Banks VIC 3213

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Land area: 11ac
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Premium land in future development location!

Real Core Properties is delighted to offer this fantastic land opportunity in Lovely Banks. The total land offering is approx. 11 acres located within one of Australia's fastest-growing regional areas, Geelong.
This opportunity promises a perfect investment for estate/property developers and/or investors.
The land features:
1. Total land area is approx. 11 acres.
2. Strategic location in Northern Geelong Growth Area.
3. Neighbouring properties acquired by well-known developers.
4. Short drive to all major amenities including retail precincts, schools and train station.
5. Easy access to Princes Freeway towards Geelong CBD or Melbourne.
6. Only about 25 mins drive to Avalon Airport.
For Further details;
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Property Details for Contact Agent For Address, Lovely Banks

Building Type
Land
Land Size
11ac

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About Lovely Banks 3213

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 1,295 properties. Over the last 5 years, Houses in Lovely Banks have seen a 39.80% increase in median value, while Units have seen a 48.81% increase. As at 30 November 2024:

  • The median value for Houses in Lovely Banks is $629,340 while the median value for Units is $399,559.
  • Houses have a median rent of $580 while Units have a median rent of $375.
There are currently 16 properties listed for sale, and 1 property listed for rent in Lovely banks on OnTheHouse. According to CoreLogic's data, 39 properties were sold in the past 12 months in Lovely banks.

Suburb Insights for Lovely Banks 3213

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Bhupinder Singh
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Hiren Luhar
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Real Core Properties
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.