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Investment Property Lovely Banks, VIC, 3213

Suburb Snapshot

Lovely Banks is a suburb in the Greater Geelong Region of Victoria. Lovely Banks has a population of 2,301 people and 15.42% of its occupants live in rental accommodation. The median listing price for houses is $800,000 and this has changed 3.35% over the past year and changed 0.75% over 2 years.

The median rent in Lovely Banks for houses is $560 per week and the median rental yield is 3.64%. Stock on the market for houses/townhouses has changed -11.76% compared to last year and the average time to sell a house/townhouse is 119 days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes NA days to sell and the median rent for a unit in Lovely Banks is NA per week, producing a rental yield of NA.

Supply & Demand in Lovely Banks, Greater Geelong

0.39%

Current vacancy rate


4

Rental stock available


2,301

Population


15.42%

Rental population


0.89%

Current vacancy rate


1,311

Rental stock available


233,426

Population


23.30%

Rental population


0.94%

Current vacancy rate


29,256

Rental stock available


5,926,624

Population


24.77%

Rental population


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Statistical data for Lovely Banks, Greater Geelong

  House Townhouses Units
Median listing price $800,000 NA NA
Median price change - last quarter 1.26% NA NA
Median price change - 1 year 3.35% NA NA
Median price change - 2 years 0.75% NA NA
  House Townhouses Units
Median weekly rent $560 NA NA
Median yield % 3.64% NA NA
Median rent change - 1 year -3.45% NA NA
  House Units
Previous month sales 2 1
Stock on market previous month 15 2
Stock variance vs. last year -11.76% 100.00%
Average days on market 119 NA

Lovely Banks investment property listings

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