SOLD
Sold on 22 Aug 2024 for $690,000

1 Phalaris Park Drive
Lovely Banks VIC 3213

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 151m2
Land area: 525m2
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Jellis Craig Geelong
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Property Details for 1 Phalaris Park Dr, Lovely Banks

1 Phalaris Park Dr, Lovely Banks is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2015. The property has a land size of 525m2 and floor size of 151m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 4 bedroom House sold in Lovely Banks in the last 12 months.

Building Type
House
Year Built
2015
Floor Size
151m2
Land Size
525m2
Local Government
Greater Geelong
Lot/Plan
34/PS632907

Last Listing description (August 2024)

Conveniently set on a spacious corner allotment of approximately 525m2 in a quiet and convenient location, this substantial home boasts 3 living areas, outdoor entertainment space and huge backyard. Features include:

* 4 good sized bedrooms, master has walk in robe and ensuite bathroom
* Open plan kitchen living, breakfast bar, stone benchtops, fully tiled, and plenty of storage

* Children's rumpus, living or light filled home office off main living with garden vies and access
* Further kids living between bedrooms 3 and 4, family bathroom and separate WC access
* Private undercover alfresco entertainment space at rear, perfect all year round
* Big lawn for children and pets to play, space for large shed and option to add side gates for caravan and boat storage etc.
* Additional extras include: Gas ducted heating, evaporative cooling, oversized double remote garage with yard and internal access.
* Quick access to Ring Road, Geelong and Melbourne CBD

Recently refreshed throughout, this beautiful home has a great feel and layout, an inspection will impress, call Ross Bywater now for more info or to arrange a private inspection.

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Property History for 1 Phalaris Park Dr, Lovely Banks, VIC 3213

A timeline of how this property has performed in the market
Last Sold
$690,000
22 Aug 2024
Listed for Rent
$480/w
18 May 2023
  • 22 Aug 2024
    Sold for $690,000
  • 25 Jun 2024
    Listed for Sale $690,000 - $730,000
  • 18 Apr 2023
    Listed for Rent $480 / week
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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.

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