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Contact Agent For Address
Lovely Banks VIC 3213

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Land area: 8ac
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Development Opportunity in Lovely Banks PSP

Raywhite Tarneit presents 7.5 Acres development land in Lovely Banks PSP.
Sitting on the doorstep of Geelong, Lovely Banks is an area ideally suited to creating a new, world-class community. Our purpose in presenting this design concept is to demonstrate how we envisage capitalising on its strategic location and natural beauty consistent with the `Clever and Creative` vision for Greater Geelong.
The property is a great investment opportunity for someone who wants to buy property in the Urban Growth Boundary (UGZ) in Geelong Council. This property is proposed opposite to the activity centre in the Lovely Banks PSP (STCA).
For More Information Please contact:
RJ Singh 0477 051 648
Visit the website for more information
https://lovelybanks.com.au/
Disclaimer: We have in preparing this document used our best endeavors to ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospect purchasers should make their own enquiries to verify the information contained in this document.
Purchasers should make their own enquiries and refer to the due diligence check-list provided by Consumer Affairs.
Click on the link for a copy of the due diligence check-list from Consumer Affairs.
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Property Details for Contact Agent For Address, Lovely Banks

Building Type
Land
Land Size
8ac

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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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Contact agent
Rj Singh
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Ray White Tarneit
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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.