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 › Cowan Ct
$775,000
Last sold
16 Nov 2023
4
Bedrooms
2
Bathrooms
2
Car spaces
1,044 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
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
$775,000
16 Nov 2023 · derived via latest_sale
Local land rate: recorded House sales in Lovely Banks (last 5 years) with land size have a median of $1,378/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
-2.5%
Median sale
Suburb $794,500
+0.06 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 Oslo PropertyDefined: Delivering a dream package for families seeking space and potential, this generous four-bedroom home embraces a relaxed lifestyle across 1,044sqm (approx.) of low-maintenance land. With a fully-fenced perimeter, generous covered alfresco and double garage complementing a light-filled interior footprint, that presents a homely environment for families or the savvy investor.
Holding a court address only moments from cafes, parks and retail, this single-level home delivers a flexible floorplan where a central kitchen with gas cooktop and wall oven, walk-in pantry and Bosch dishwasher, anchors both open plan living and dining, and two further living zones. Perfect for families with space for all, outside presents a sensational alfresco with a secure yard ideal for young kids or pets.
Considered:
Kitchen: A central island bench, ample storage, wall oven and built-in microwave, central pendant light, skylight, tiled splashback, gas cooktop, dual sinks with chrome tapware, overhead cabinetry, fridge cavity.
Open Plan Living: Centrally located off the kitchen, with tiled flooring, pendant light, concertina doors with leadlight windows to the lounge.
Living: Ideal for more intimate entertaining, with tiled floors, two rear windows with a western orientation, and pendant light.
Multi-purpose Room/Games Room: With a pitched ceiling and exposed trusses, a sense of space flows through this light-filled entertaining domain to the rear yard. With sliding door access to both interior and exterior, tiled floors, doggy door.
Master Suite: With practical flooring and built-in robes, and ensuite with chrome finishes, concealed storage behind mirror and neutral tones.
Additional Bedroom: Sharing in light-filled proportions, both offer built-in robes storage.
Main Bathroom: With a complementing colour palette to that of the ensuite, the main bathroom comes with a separate toilet, tub, shower, window and chrome finishes.
Outdoors: Low-maintenance gardens provide a secure grassy place space for kids to the rear, while a more intimate outdoor setting spans a private verandah and a generous alfresco zone doubles as an undercover carport for those with multiple ‘toys’. Sharing in the allotment are two rear sheds (one large that includes a studio, one small) and veggie garden beds.
Luxury Inclusions: Split-system air conditioning, gas ducted heating, double garage with additional off-street parking across the driveway.
Close by Facilities: Leisureland Sports Precinct, Fountain of Friendship Park, Northern Bay College - Peacock Campus, The Bell Post Precinct Shopping Centre, Jamina Court, Playground, Northern Bay College - Goldsworthy Road Campus, Corio Village, Stead Park, Rollins Primary School - Main Campus , Geelong CBD and easy access to Melbourne and the Surf Coast via the Ring Road.
Ideal For: The savvy investor, families or first-time buyers.
*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.
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