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 › Bacchus Marsh Rd
4
Bedrooms
3
Bathrooms
4
Car spaces
20,000 m²
Land
Districts View
View not ready — official layers are still retrieving for this property. Official planning layers still retrieving. Flood / bushfire / heritage not yet retrieved. No recorded sale price for this property. Districts does not score a property it cannot yet see.
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
No recorded sale price for this property yet.
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 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 Ray White LaraWith the majestic You Yangs Ranges as your property backdrop, this amazing five acre property presents an unlimited opportunity for the most savvy purchaser or investor as this unique property is ideal for land bankers with the potential for further development subject to council approvals. It is important to note that the zoning has already changed from a Farming Zone - FZ to now an Urban Growth Zone - UGZ.
We are proud to present this substantial two storey brick character home of approximately 40 squares of luxury living which will definitely impress for all the right reasons.
From the street view, you will be immediately transfixed by this grand, stand out lifestyle property.
As you approach the front entrance inside you will be greeted with the beautiful bamboo flooring and the magnificent staircase leading up to the upper level of the dwelling. The monochromatic colour scheme makes a definitive style statement.
Double doors herald the way into the first of the three separate living zones to the stunning sunken lounge room with feature ten light chandelier, built in solid wood heater with large format stone tiling, built-in cabinets, dado lining boards plus soft window furnishings to let the natural light flood in.
Step up into the second living space incorporating the oversized dining area which can comfortably accommodate a ten seater table. A row of five pendant lights over the table packs a design punch.
The black and white kitchen features thick timber bench tops, crisp white subway tiling, a set of four pendant lights over the return bench, dishwasher, a double wall oven, electric cooktop and sleek black range hood plus a large pantry.
French sliding doors allow direct access out to the splendid outdoor, undercover entertaining area.
You will be thrilled with the views out over the in ground, salt chlorinated swimming pool which is secured with glass pool fencing and sheltered by a large fixed wind out shade umbrella. A row of mature conifers provide privacy and protection.
You have the advantage of running a business from home whilst looking out over the pool as the home office or rumpus room comes complete with a bar.
Taking a closer look at each level you will find downstairs offers a guest country bedroom with beautiful wall papering and detailed wainscoting, a modern bathroom, a large laundry with twin sinks and a study with a built-in bookshelf.
Upstairs offers another three bedrooms, all with dormer feature windows, family bathroom and roof storage/attic space..
The sumptuous master bedroom has its own walk through robe and superb full ensuite.
Five separate reverse cycle split system units have been installed to all bedrooms upstairs as well as in the dining room and rumpus room.
As well as town water, there are 4 x 25,000 litre water tanks servicing the property.
For business purposes, set at the top of the property, there is a full office complex including a large open plan office, separate managers office, kitchen and toilet as well as a workshop and storage yard for trucks and more vehicles.
The concrete edged driveway to the main residence is elevated with views and you have your choice of parking. There is a large brick paved parking area for 6 vehicles, then an oversized double brick garage under roof line plus a single carport with easy access directly into the home.
All of this, set on 5 elevated acres, minutes from Lara the town centre, with easy Ring Road access, Lara Pony Club, Lara Golf Course and shopping centres.
Why pay costly leases for separate business premises or second dwellings when you can have everything you need all in one superb property package?
In summation you will find this substantial residence with a flexible floor plan which could be easily configured to offer five bedrooms if required, perfect work from home option with ideal business premises and five established acres with exhilarating views of the You Yangs Ranges.
So perfectly positioned and well set back from the road Just 45 minutes to Melbourne and 15 minutes to Geelong. School buses at your front gate. There are too many features to mention. Inspection is a must.
• Fully fenced
• Three separate living zones
• Three bathrooms
• Lifestyle property with town water
*Every precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the vendor or agent.*
Listing description written by Terry Cleary, Ray White Lara — reproduced as published, not verified by Districts.
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