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 › Tower Hill Dr
4
Bedrooms
3
Bathrooms
7
Car spaces
15,297.117 m²
Land
400 m²
Building
Districts View
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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Lovely Banks (last 5 years) with land size have a median of $1,371/m² of land (n=26). 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.
Planning
Planning scheme
ZN
Zone
RURAL LIVING ZONE
RLZ
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 RURAL LIVING ZONE · RLZ (ZN). Official parcel area about 15,318 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. Official parcel about 15,318 m² — land size can look like optionality. What reduces it: ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 4. Vegetation or biodiversity constraints can sterilise the developable portion of the lot. 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 RURAL LIVING ZONE · RLZ (ZN). Official parcel area about 15,318 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?
KnownlowOfficial parcel about 15,318 m² — land size can look like optionality. What reduces it: ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 4. Vegetation or biodiversity constraints can sterilise the developable portion of the lot.
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 Raine & Horne Land VictoriaRaine and Horne Land Victoria proudly presents 3.78 Acres situated in the heart of Lovely Banks. This lifestyle property offers panoramic views of the bay, You Yangs and Geelong. Lovely Banks is a northern suburb of Geelong, Victoria, Australia. Boasting an enviable 37 squares of masterfully designed space double storey house, this magnificent home is cleverly zoned to accommodate a multitude of family members. A huge open plan kitchen with walk-in pantry island bench sets the scene for entertaining, with the downstairs hosting multiple living zones. Upstairs comprises of master and parents retreat and this beautiful space offers a quiet sanctuary with large open plan lounge and bedroom, ensuite with spa and walk in robe. Step outside and be amazed by uninterrupted views of the bay, Geelong and You Yangs from the balcony. This really is an incredible property and represents a rare opportunity to buy into a very sought after part of the Geelong region.
Other Features
• Double story Four Bedrooms Plus Study
• Large Shed (8m *18m)
• Three Phase Power
• Pastures and Fenced in Paddocks
• Refrigerated Air Conditioning
• Gas Log Fire in the Lounge
• Central Gas Heating
• Under Cover Alfresco
• Fruit Trees and Veggie Patch
• 2*32000 Litre Water Tanks
• 40 Min to Melbourne CBD, 15 Min To Geelong CBD
• 15 Min to Avalon Airport
Interested parties should conduct their due diligence prior to making any submissions. Given are for general information only and do not constitute any representation on the part of the vendor or agent.
Call Kevin Paghdar on +61 426 510 510 Or Uttam Singh on 0430 064 928 today for further enquiries.
Due Diligence Checklist -
http://www.consumer.vic.gov.au/duediligencechecklist
Listing description written by Kevin Paghdar, Raine & Horne Land Victoria — 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.