Lovely Banks
VIC, 3213
-
Greater Geelong
Thinking about buying in Lovely Banks? Now could not be a better time, with 1399 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $729,000 with prices in this suburb ranging from $318,000 to $2,618,000. Lovely Banks is located fairly close to the coast at just 3Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Household Makeup
| Median Weekly Rent | $360.00 |
| Median Monthly Mortgage | $1635.00 |
| Median Persons Per Bedroom | 0.80 |
| Average Household Size | 3.00 |
| Average Age | 45.00 |
| Average Income | $643.00 |
| Average Cars Per Dwelling | 2.23 |
| Average Properties Within 50M | 9 |
Housing Stock
Average Property Prices
| 1 Bed $552,000 |
| 2 Bed $435,000 |
| 3 Bed $745,000 |
| 4 Bed $983,000 |
| 5 Bed $1,292,000 |
| 6 Bed+$934,000 |
Lovely Banks Real Estate Market Outlook
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Lovely Banks due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. Low average earnings from people in Lovely Banks leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. High density population in Lovely Banks requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Lower than average industry presence in Lovely Banks we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Lovely Banks a better buying opportunity than it may have been in the past.
Houses for sale Lovely Banks
|
175 MATTHEWS RD, LOVELY BANKS, VIC, 3213 |  4 |
 1 |
 2 |
$799,000 - $878,000 |
|
UNIT 1, 213 PURNELL RD, LOVELY BANKS, VIC, 3213 | 4 |
2 |
2 |
739000 |
Local Schools
Geelong Baptist College
Rollins Primary School
Covenant College
Bell Park North Primary School
Northern Bay P-12 College
St Francis Xavier School
(While the above schools are located with the suburb of Lovely Banks there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Lovely Banks weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 1.2 | 14 | 27.3 | 40.6 | 88.7 | 5.4 | 25.7 |
| Feb | 1.3 | 14.6 | 26.3 | 45.9 | 91.5 | 5.3 | 20.6 |
| Mar | 0.9 | 13.3 | 24.6 | 46.1 | 91.9 | 5.1 | 16.0 |
| Apr | 1.4 | 10.1 | 20.8 | 50.9 | 94.1 | 4.6 | 11.7 |
| May | 1.5 | 7.9 | 17.7 | 56.7 | 94.6 | 4.9 | 8.3 |
| Jun | 1.3 | 5.6 | 14.7 | 65.5 | 96.2 | 4.4 | 7.3 |
| Jul | 0.9 | 5.7 | 14.7 | 61.7 | 94.8 | 5.0 | 7.7 |
| Aug | 1.4 | 5.7 | 15.4 | 56.8 | 95.2 | 5.5 | 10.4 |
| Sept | 1.5 | 6.9 | 18.2 | 49.4 | 94.9 | 5.4 | 14.4 |
| Oct | 1.4 | 8.2 | 20.9 | 45.4 | 94.4 | 5.4 | 19.2 |
| Nov | 2.1 | 10.5 | 23.0 | 45.3 | 94.4 | 5.3 | 21.5 |
| Dec | 0.8 | 12.3 | 25.0 | 42.9 | 93.2 | 5.5 | 24.5 |
source: Australian Government Bureau of Meteorology
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
Public Transport
Marshall - Greater then 10KM
Wyndham Vale - Greater then 10KM
Port Phillip Ferries (Portarlington-Docklands) - Greater then 10KM
Waurn Ponds - Greater then 10KM
Port Phillip Ferries (Geelong-Docklands) - Greater then 10KM
Geelong - Greater then 10KM
South Geelong - Greater then 10KM
Little River - Greater then 10KM
North Shore - Less than 10 KM
Winchelsea - Greater then 10KM
General Points of Interest
Goodfellow Aquatic Centre - Less than 10 KM
Beckley Park International Raceway - Less than 10 KM
Geelong Golf Club - Less than 10 KM
Waterworld Leisure Centre - Less than 10 KM
Leisuretime Sports Precinct - Less than 10 KM
Labuan Square - Less than 10 KM
Korean War Memorial - Less than 10 KM
War Memorial - Less than 10 KM
Malaya Borneo Veterans Memorial - Less than 10 KM
Gheringhap Tennis Reserve - Less than 10 KM
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