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 › Eva Pl
$1,480,000
Last sold
6 June 2017
4
Bedrooms
2
Bathrooms
8
Car spaces
20,000 m²
Land
505 m²
Building
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
$1,480,000
6 June 2017 · derived via latest_sale
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.
Vs Lovely Banks
+86.3%
Median sale
Suburb $794,500
-1.18 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 data is being calculated
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
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” 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.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
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?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). 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
UnknownDevelopment applications have not been queried 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 Harcourts - North GeelongPicture perfect, this spectacular home is only surpassed by the view it offers. Bask in the serenity and take in the northerly aspect all day long, whether its watching the ships in the Bay or the Melbourne skyline on a clear night, this home will be your own slice of heaven. Presenting around 55 squares of living under roof, encompassing 4 king sized bedrooms each including walk in robes, the master offering 2 robes and an en suite suitable for a resort plus separate office or retreat. The main living features a magnificent kitchen with a hidden butlers pantry, stone benches and island with an Ilvie upright stove, microwave, wine fridge and coffee machine all included, plus a servery to the alfresco area. The sandstone paved alfresco is only matched by the timber ceilings and sheer blinds for added privacy and protection from the elements, not to mention the jacuzzi. The dining and main living all enjoy the views and with an undeniable quality finish throughout from the Tasmanian Oak floors to the ethanol fire place, this home showcases grand living blended beautifully with homely ambiance. Complete with a Theatre Room, Library (or family room) plus a perfect reading or gym area, the great hall leads to the extravagant bathroom adorned by beautifully frames mirrors and stylish tones. The double garage includes a huge storage area or workshop and the car accommodation and space is almost endless on this 5 acre allotment. The largest parcel in the Chanel Heights Estate, this allotment is divided into large paddocks and there is noise of future zoning changes which could allow subdivision (stca). Just off the Ring Road and 5 minutes to Kardinia International College, Covenant College and Baptist College plus 10 minutes to Geelong's CBD and other prestigious schools. With Woolies and soon to be Aldi a 5 minute drive away, Avalon 15 minutes, the Surfcoast 25 minutes and Melbourne 55 kilometres, this home is "the one" you've been waiting for.
Due Diligence checklist are available at www.consumer.vic.gov.au/duediligencechecklist
Listing description written by Mario Grgic, Harcourts - North Geelong — reproduced as published, not verified by Districts.