Real Core Properties is delighted to offer this fantastic land opportunity in Lovely Banks. The total land offering is approx. 83.54 ha (approx. 206.43 acres) located within one of Australia's fastest growing regional areas, Geelong.
This opportunity promises to be a perfect investment for estate/property developers and/or investors.
DISCLAIMER: All stated dimensions are approximates only. Every precaution has been taken to establish accuracy of the above information. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent.
Please see the below link for an up-to-date copy of the Due Diligence Check List: http://www.consumer.vic.gov.au/duediligencechecklist.
The size of Lovely Banks is approximately 29.9 square kilometres. There are 4 parks, covering nearly 0.4% of the total area. The population of Lovely Banks in 2016 was 2301 people. By 2021 the population was 2782 showing a population growth of 20.9% in the area during that time. The predominant age group in Lovely Banks is 20-29 years. Households in Lovely Banks are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lovely Banks work in a trades occupation.In 2021, 84.40% of the homes in Lovely Banks were owner-occupied compared with 79.90% in 2016.
Lovely Banks has 1,304 properties. Over the last 5 years, Houses in Lovely Banks have seen a 24.59% increase in median value, while Units have seen a 25.10% increase. As at 30 June 2026:
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