SOLD
Sold on 21 Nov 2023 for $1,598,000

140 Lovely Banks Road
Lovely Banks VIC 3213

Bedrooms: 7
Bathrooms: 4
Car spaces: -
Floor area: 169m2
Land area: 20234m2
Sold By
Andrew Crowhurst
Eastwood Andrews
Sarabjeet Singh
Eastwood Andrews
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Property Details for 140 Lovely Banks Rd, Lovely Banks

140 Lovely Banks Rd, Lovely Banks is a 7 bedroom, 4 bathroom House and was built in 1970. The property has a land size of 20234m2 and floor size of 169m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 7 bedroom House sold in Lovely Banks in the last 12 months.

Building Type
House
Year Built
1970
Floor Size
169m2
Land Size
20234m2
Local Government
Greater Geelong
Lot/Plan
16/LP89995

Last Listing description (May 2024)

Set on 5 acres offering the rural lifestyle.
1. Spacious 4 bedroom home, 3 bathrooms and separate living areas. High cathedral ceilings, 2 x split systems and fire place. Pergola and inground pool.

2. Separate 2/3 bedroom unit with open living with high ceilings, modern kitchen with breakfast bench and dishwasher. Main bathroom, 2 x split system, garden courtyards, garden shed etc.

Additional feature includes:
-Town water
-2 x 5kw solar panels.
-Plenty of shedding 9 x18m plus 6 x12m and extra undercover 6 x15m open shed.
-Separate high set Hay Shed 14.8m by 8m.
-3 Water Tanks, 2X 25000 litres & 1X 35000 litres.
-Multiple fenced areas for stock, arena, shelters.

Perfect escape from city life with the convenience of being minutes from Ring Road access to Melb, Geelong & Surfcoast. This magnificent 5-acre property in Lovely Banks is a must see.

Property History for 140 Lovely Banks Rd, Lovely Banks, VIC 3213

A timeline of how this property has performed in the market
Last Sold
$1,598,000
21 Nov 2023
  • 15 Apr 2024
    Listed for Rent $1,400 / week
  • 05 Mar 2024
    Listed for Rent $1,400 / week
  • 21 Nov 2023
    Sold for $1,598,000
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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 1,289 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:

  • The median value for Houses in Lovely Banks is $620,432 while the median value for Units is $393,198.
  • Houses have a median rent of $580 while Units have a median rent of $375.
There are currently 14 properties listed for sale, and no properties listed for rent in Lovely banks on OnTheHouse. According to CoreLogic's data, 38 properties were sold in the past 12 months in Lovely banks.

Suburb Insights for Lovely Banks 3213

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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.