Set on approximately 5 acres (2.02 hectares), 655 Bacchus Marsh Road, Lovely Banks presents a rare opportunity to secure a substantial lifestyle holding with an established family residence, offering immediate enjoyment with strong long-term appeal.The property features a well-proportioned four-bedroom, two-bathroom home with multiple living areas, large windows capturing garden and paddock views, and a practical kitchen designed for everyday family living. The residence is ideally positioned within the land, providing privacy and flexibility for owner-occupiers or those seeking rental income while holding the property.Zoned Urban Growth Zone (UGZ), the property offers future development or subdivision potential, subject to council approval (STCA), making it particularly attractive to investors, land bankers and forward-thinking buyers. Until such time, the existing home and land provide a comfortable lifestyle or holding opportunity in a tightly held location.With established paddocks, stables and shedding, the property is well suited to horse enthusiasts, hobby farmers or acreage buyers seeking space without sacrificing accessibility. Conveniently located within the Greater Geelong region, it enjoys easy access to Lara, Geelong and major arterial roads.Key features include:Approx. 5 acres / 2.02 hectares of usable land4-bedroom, 2-bathroom established residenceMultiple living zones with garden and paddock outlooksUrban Growth Zone (UGZ) long-term potential (STCA)Paddocks, stables and shedding for equine or lifestyle useIdeal for owner-occupiers, investors or land bankersOffering a rare blend of lifestyle, income potential and future upside, this is an outstanding opportunity to secure a versatile holding in a rapidly evolving growth corridor. For further information or to arrange a private inspection, contact Smiley Sandhu OR Gagan SandhuDisclaimerAll information provided has been prepared with due care; however, it is provided for general information purposes only and does not constitute any representation by the vendor or agent. Interested parties must rely on their own enquiries, investigations and independent professional advice in relation to land size, zoning, planning controls, development potential and approvals. Development or subdivision is subject to council and relevant authority approval (STCA).
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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