Lovely Banks at a glance
2,684
People
$794,500
Median sale
$389/wk
Median rent
2.55%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
VIC › Lovely Banks › Sirocco Ct
$630,000
Last sold
29 Feb 2024
3
Bedrooms
2
Bathrooms
2
Car spaces
449 m²
Land
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$630,000
29 Feb 2024 · derived via latest_sale
Local land rate: recorded House sales in Lovely Banks (last 5 years) with land size have a median of $1,364/m² of land (n=25). Districts calculation from recorded sales — not a valuation.
Lovely Banks at a glance
2,684
People
$794,500
Median sale
$389/wk
Median rent
2.55%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
Vs Lovely Banks
-20.7%
Median sale
Suburb $794,500
+0.66 pp
Gross yield
Suburb 2.55%
Suburb median $794,500 from 14 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
GENERAL RESIDENTIAL ZONE - SCHEDULE 1
GRZ1
Jurisdiction
Greater Geelong
Greater Geelong, VIC
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 450 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $389/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 450 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownmediumNo material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Lovely Banks at a glance
2,684
People
$794,500
Median sale
$389/wk
Median rent
2.55%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Oslo PropertyDefined: Thoughtfully crafted to inspire those seeking a lifestyle of utmost style and seclusion, this 3-bedroom 2-living zone home of light-letting proportions welcomes a quiet living experience only a short walk from schools, reserves and public transport. Occupying a picture-perfect address within a pocket central to everything, a court-position spanning 449sqm (approx.) presents easy living for first-time buyers, young families or investors.
With sensational entertaining amenities, including a rear wrap-around deck with built-in bench seating and pergola, a lifetime of summer hosting awaits with a relaxed indoor-outdoor flow and private yard, perfect for young children or the family pet.
Considered:
Kitchen: Walk-in pantry, freestanding cooker with gas cooktop, dishwasher, stone benchtops and breakfast bar. Overhead cabinetry, exposed rangehood, downlights and generous fridge cavity.
Open Plan Living/Dining: Relaxed living and melas area, with hard-wearing floors, neutral colour palette, and united with the outdoor entertaining zone via separate glass sliders.
Lounge: Sliding door access, carpet underfoot, central to the two rear bedrooms making it perfect for children.
Master Bedroom: Plush carpet and large proportions, with generous walk-in robe, ensuite with oversized shower (dual heads), toilet and single vanity. Complete with split-system air conditioning and views to the street.
Additional Bedrooms: Each with generous proportions, carpet underfoot and built-in robes.
Main Bathroom: Naturally-lit, with full-height tiling, built-in bathtub, single vanity, shower and chrome tapware. Separate toilet.
Outside: Setting an entertainer’s scene with rear deck complete with built-in bench seating and pergola (with cafe blind), the well-kept exterior welcomes space for young children across a secure backyard with plenty of room for play. Packaged with a landscaped frontage, immaculate care spans the entire 449sqm (approx.) block.
Luxury Inclusions: Gas ducted heating, split-system air conditioning (lounge and master), downlights throughout, hard-wearing floors across high-traffic areas, plush carpet and double garage with drive-through access.
Close by Facilities: Northern Bay College, Corio Village, Bell Post Hill Shopping Centre, Kardinia International College, Geelong Ring Road, Princess Highway, and public transport.
Ideal For: First-time buyers, young families or investors.
*All information offered by Oslo Property is provided in good faith. It is derived from sources believed to be accurate and current as at the date of publication and as such Oslo Property simply pass this information on. Use of such material is at your sole risk. Prospective purchasers are advised to make their own enquiries with respect to the information that is passed on. Oslo Property will not be liable for any loss resulting from any action or decision by you in reliance on the information.*
Listing description written by Curtis Hoare, Oslo Property — reproduced as published, not verified by Districts.
Also look at
44 Emmersons Rd, Lovely Banks VIC 3213
4-bed house for sale. Asking $1.35M–$1.45M.
760 Anakie Rd, Lovely Banks VIC 3213
4-bed rural property for sale. Asking $1.45M–$1.55M.
370 Bluestone Bridge Rd, Lovely Banks VIC 3213
0-bed land for sale. Asking $1.6M–$1.7M.
213 Purnell Rd, Lovely Banks VIC 3213
0-bed land. Asking $460K–$480K.