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Lovely Banks is a suburb in City of Greater Geelong, Australia with 2301 residents. The median house price is $690K with a rental yield of 4.0%. Our analysis rates Lovely Banks with a suburb score of 100/100 for investment timing.
This suburb shows strong investment potential with property prices forecast to outperform the market average over the next 1-3 years. Key indicators including vacancy rates, rental yields, and days on market all signal favorable conditions for capital growth.
100
Suburb Score
Thorough research about a suburb is crucial to grasp the 'why' behind an investment. However, no suburb stands alone—always assess it in relation to its surroundings. Tracking each data point over time is vital. But above all, it's crucial to comprehend why each data point matters and how it influences both short-term and long-term capital growth.
Current Sales Prices By Suburb - Median - Last 90 Days Rolling - Houses Only [AUD]
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What is this: The median sale price of properties sold in the suburb over a rolling 90-day period. This reflects the actual transacted value of properties rather than asking prices.
Investment tip: Understanding current sold prices helps identify undervalued suburbs compared to neighboring areas. Look for suburbs with lower median prices that share similar amenities with higher-priced neighbors - these often represent growth opportunities.
Sold Price
Asking Price
Picki displays every property available for sale in Australia, not just the highlighted ones advertisers pay for. We scan over 12,000 real estate agent websites daily across Australia, from the leading agencies to the smallest local ones. This effort means Picki reveals 30% more properties for sale compared to other sites. And since some homes show up on local agent sites days before they appear on the major advertising platforms, Picki provides you an early advantage.
View all propertiesSuburb | Sold Price | Recent Growth | Yield | Vacancy Rate | Days of Supply | Owner Occupier | Vendor Disc. |
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Lovely Banks has a suburb score of 100/100 for investment timing, placing it among the top-performing suburbs in City of Greater Geelong for capital growth potential. The strong suburb score indicates favorable market conditions including positive price momentum, healthy rental demand, and low vacancy rates. Property investors looking for capital growth in Australia should consider Lovely Banks as a priority suburb.
Lovely Banks's capital growth outlook is positive based on current market indicators. Key drivers supporting capital growth in Lovely Banks include strong buyer demand, limited housing supply, and positive demographic trends. Historical data suggests Lovely Banks has outperformed many suburbs in City of Greater Geelong for property value appreciation.
Lovely Banks is located within City of Greater Geelong Local Government Area in Australia. City of Greater Geelong encompasses multiple suburbs, each with their own property market characteristics. Understanding the broader LGA trends can help investors identify whether Lovely Banks is outperforming or underperforming relative to neighboring suburbs.
The current median house price in Lovely Banks is $690K based on recent sales data. This median price positions Lovely Banks as a mid-market suburb in City of Greater Geelong, balancing accessibility for investors with capital growth potential.
Lovely Banks has an average rental yield of 4.0%, which is around the national average for Australian property. This balanced yield suggests Lovely Banks offers a reasonable income return while still providing capital growth potential typical of established suburbs in Australia.
Lovely Banks has a population of approximately 2301 residents. Population size and growth are important factors for property investment as they influence housing demand, rental markets, and local amenity development. Lovely Banks is a smaller, more exclusive suburb which may offer unique lifestyle benefits and potential for price premiums on quality properties.
Lovely Banks's suburb score of 100/100 can be compared against other suburbs in City of Greater Geelong to identify relative investment value. With a score above 80, Lovely Banks ranks among the top suburbs in the local government area for investment timing. This suggests stronger fundamentals compared to many neighboring suburbs. Compare all suburbs in City of Greater Geelong using our platform to find the best investment opportunities.
