305 Tower Hill Drive, Lovely Banks, VIC 3213 | Property Value & History | OnTheHouse
OFF MARKET

305 Tower Hill Drive
Lovely Banks VIC 3213

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 14447m2
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Property Details for 305 Tower Hill Dr, Lovely Banks

Building Type
Land
Land Size
14447m2
Local Government
Greater Geelong
Lot/Plan
5/PS527423

Last Listing description (November 2022)

Create your dream home and lifestyle on this outstanding parcel of land measuring over 3.5 acres (approx.) perched high on Tower Hill Drive. Enjoy absolutely spectacular views across Geelong to the sparkling bay, the Melbourne city skyline, and the You Yangs providing an amazing backdrop to your everyday living in this exceptional location just 15 minutes (approx.) from Geelong CBD.

With 14,451m2 (approx.) to work with, you have endless scope to design the home you've been dreaming of without compromise! Endless options to utilise this premium acreage and create the perfect lifestyle. Services including power, gas, water and phone available at the front of block.


Situated in a tranquil community, with easy access to the Ring Road, close to local shopping, supermarkets and amenities, close to a selection of excellent schools including Kardinia International College, Covenant College, Geelong Baptist College, and only 15 minutes (approx.) from the city and Waterfront, this outstanding location offers a country style atmosphere with all the convenience of urban living.

With opportunities to secure land in this exclusive pocket becoming harder to come by, now is the time to stake your claim in this outstanding location and lay down your plans for a spectacular future!

Property History for 305 Tower Hill Dr, Lovely Banks, VIC 3213

A timeline of how this property has performed in the market
Last Sold
$1,571,000
15 Nov 2022
  • 15 Nov 2022
    Sold for $1,571,000
  • 20 Oct 2022
    Listed for Sale $1,450,000 -$1,520,000
  • 08 Oct 2011
    Sold for $440,000
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About Lovely Banks 3213

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 1,306 properties. Over the last 5 years, Houses in Lovely Banks have seen a 16.46% increase in median value, while Units have seen a 23.16% increase. As at 31 August 2026:

  • The median value for Houses in Lovely Banks is $692,653 while the median value for Units is $437,910.
  • Houses have a median rent of $580 while Units have a median rent of $425.
There are currently 6 properties listed for sale, and 2 properties listed for rent in Lovely banks on OnTheHouse. According to Cotality's data, 58 properties were sold in the past 12 months in Lovely banks.

Suburb Insights for Lovely Banks 3213

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.