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 › Kulina Dr
$1,930,000
Last sold
19 Feb 2022
4
Bedrooms
2
Bathrooms
16
Car spaces
10,886.044 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
$1,930,000
19 Feb 2022 · 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
+142.9%
Median sale
Suburb $794,500
-1.50 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 GeelongImmerse yourself in a life of luxury and leisure with this spectacular family home set on a sprawling, picturesque lot. The spacious layout offers room to move, play and entertain with four bedrooms, two bathrooms and multiple, light-filled living spaces. Your luxe gourmet kitchen boasts sophisticated finishes and gorgeous cabinetry along with a suite of premium appliances and a butler's pantry with direct access to the double garage. From the kitchen, you can overlook the dining and living area with a soaring vaulted ceiling, a gas log heater and sliding glass doors that opens to the expansive entertainer's alfresco. There is also a second living area and a study with a built-in desk for those who work from home (or could be converted to a bedroom). All the bedrooms have walk-in robes including the master with a dream en suite boasting a spa. The guest bedrooms are serviced by the impeccable main bathroom with a separate bath, shower, powder room and other added delights. Boasting other features including Tassie Oak solid timber floors, pendant feature lights, double glazed windows, security system and ducted refrigerated heating and cooling plus remote access front gate and garaging. Your new home stands proud stretching across the 2.7 acre allotment with a enormous shed and a workshop with a toilet plus there is a versatile swim – spa to cool off in. Quick access to the Geelong Ring Road adds convenience and you're just over 15 minutes from the Geelong CBD or Avalon Airport and you can be in Melbourne within the hour.
Due Diligence checklist are available at www.consumer.vic.gov.au/duediligencechecklist
Listing description written by Joe Grgic, Harcourts North Geelong — 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.