Golden Plains Shire Council
Lovely Banks
Lovely Banks at a glance
Median house
$698,000
Median unit
$300,240
Walk score
2
Very car dependent
Population
2,782
Median age 37
The brief
What to know about Lovely Banks.
Lovely Banks (3213) sits in the Golden Plains region of Victoria. The median house here is $698,000, below the Victoria median of around $850K.
Lovely Banks has roughly 2,782 residents, with a typical family-age mix. Households are predominantly owner-occupied. Daily life is car-dependent: most residents drive to work, school and the shops.
Day to day
What it’s like to live here.
Lovely Banks scores 2/100 on walkability, which makes it car-dependent with limited public transport. Plan for two cars in a typical household, especially if work isn't local.
Summer days here average around 25°C (mild), winter mornings around 3°C (cold). Annual rainfall lands at about 612mm. Data comes from the Bureau of Meteorology's Geelong Racecourse station, 83.9km away.
Schooling within or near the suburb covers 4 government primary, 2 government secondary, 7 Catholic, 4 independent.
Who lives here
Demographics.
The 2021 Census put Lovely Banks's population at 2,782, with a median age of 37. That sits as a typical family-age mix. Households are predominantly owner-occupied (84% own, 13% rent), which shapes everything from school catchment stability to how often properties turn over. The household mix skews family-dominated (80% family households, 17% lone person), so amenity decisions tend to follow what families want: parks, schools, supermarkets.
Population
2,782
Median age
37
Family households
80%
Lone person
17%
Demographics data as of May 2026· ABS 2021 Census
Houses change hands at $698,000 on a typical sale, below the Victoria median. Units come in around $300,240, roughly 57% below the house median.
For buyers
A 20% deposit on the median house works out to roughly $140,000. Prices are below the Victoria median, which keeps Lovely Banks on the radar for first-home buyers and right-sizers.
Market
The price of a home here.
Median house price
$698,000
+0.0% over the past year. Median unit price $300,240.
Sales data as of May 2026· sales-vic
Rental and ownership
Weekly rent (house)
$350/wk
Weekly rent (unit)
$350/wk
Owner occupied
84%
Renter occupied
13%
At a deeper level
$698,000
$300,240
2,782
Median age: 37
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For investors
Investment overview.
Gross rental yield on houses sits at 2.61% (median rent $350/wk against a $698,000 price tag). Units yield 6.06% gross, often the better cash-flow play for first-time investors. Renter share is modest (13%), so the rental pool is smaller and tenant demand can be patchier than in higher-density suburbs.
Gross Yield (House)
Source: Land Victoria / DTP · May 20262.61%
Based on $698,000 median
Gross Yield (Unit)
Source: Land Victoria / DTP · May 20266.06%
Based on $300,240 median
Annual Growth (House)
Source: Land Victoria / DTP · May 2026–
Year-on-year capital growth
Annual Growth (Unit)
Source: Land Victoria / DTP · May 2026–
Year-on-year capital growth
Owner Occupancy
Source: ABS Census 2021 · May 202684%
Higher = more owner-occupier demand
Days on Market
Source: Land Victoria / DTP · May 2026–
Lower = higher buyer demand
Gross rental yield is annual rent divided by purchase price, before expenses. It does not account for vacancy rates, management fees, maintenance, or financing costs. Use this as a starting point for further research.
Safety
Crime and safety.
127
total offences in 2025
Top offence categories
Crime statistics are reported at LGA level and may cover a broader area than this suburb.
Source: State Police Open Data
Crime data as of December 2025· State Police Open Data
Getting around
Walkability.
2
0
70
Scores calculated from OpenStreetMap data (ODbL)
Walkability data as of May 2026· OpenStreetMap
Place
Location.
Amenities
Transport
Education
Schools in Lovely Banks.
Local schools for Lovely Banks
View the catchment for each school to find out more.
Government School Catchment
Northern Bay P-12 College
Rollins Primary School
Bell Park North Primary School
© ACARA, licensed under CC BY 4.0.
Climate
Weather year-round.
Annual Rainfall
612 mm
Hottest Month (avg max)
25.6°C
Coldest Month (avg min)
3.0°C
Monthly Rainfall (mm)
Weather data from BOM station Geelong Racecourse (84 km away)
Climate data as of May 2026· Bureau of Meteorology
Frequently asked
About Lovely Banks.
- What is the median house price in Lovely Banks?
- The median house price in Lovely Banks, VIC 3213 is $698,000. The median unit price is $300,240. Annual growth is +0.0%.
- What is the Lovely Banks postcode?
- Lovely Banks is in the 3213 postcode, in VIC, in the Golden Plains Shire Council region.
- What is the average rent in Lovely Banks?
- The median weekly rent for houses is $350, for units it's $350.
- What schools are in Lovely Banks?
- There are 20 schools serving Lovely Banks on this page, including Geelong Baptist College, St Francis Xavier School, Northern Bay P-12 College.
- How walkable is Lovely Banks?
- Lovely Banks has a Walk Score of 2 out of 100, highly car-dependent. transit score 0, bike score 70.
- What suburbs are near Lovely Banks?
- Lovely Banks is close to Corio, Moorabool, Moorabool, Norlane, Bell Post Hill.
- What is the population of Lovely Banks?
- Lovely Banks has approximately 2,782 residents. The median age is 37.
For Sale
Lovely Banks
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Sources cited
Median, growth and rental data from state revenue offices and ABS. Census from ABS 2021. Climate from BoM. Hazard from Geoscience Australia. School data from ACARA. Crime from state police open data. Full methodology →
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