Lovely Banks, VIC 3221
City of Greater GeelongAll suburbs in postcode 3221
Updated
Median house price
$698,000
Median · Land Victoria · the latest published quarter (updated May 2026)
Selling in Lovely Banks?
Get the free selling guide, personalised to Lovely Banks, or ask for a free appraisal from a local agent.
Lovely Banks at a glance
- Median unit
- $343,440
- Population
- 2,782
- Median age 37
Prices: Median · Land Victoria · the latest published quarter (updated May 2026) · Population: 2021 Census
House prices in Lovely Banks
Houses change hands at $698,000 on a typical sale, below the Victoria median. Units come in around $343,440, roughly 51% 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.
Free appraisal in Lovely Banks
What’s your home worth in Lovely Banks?
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What to know about Lovely Banks
Lovely Banks (3221) sits in the Greater Geelong 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.
What it’s like to live here
Lovely Banks scores 0/100 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 6°C (cool). Annual rainfall lands at about 528 mm. Figures are our 1991 to 2020 averages of SILO data for this location (Queensland Government, built from Bureau of Meteorology observations).
Schooling within or near the suburb covers 9 government primary, 1 government secondary, 5 Catholic, 3 independent.
Schools in Lovely Banks
Location
Walkability
- Walk
- 0/100
- Transit
- 0/100
- Bike
- 0/100
Very car dependent. Scores out of 100, calculated from OpenStreetMap data (ODbL).
Walkability data as of May 2026· OpenStreetMap
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.
- Family households
- 80%
- Lone person
- 17%
- Owner occupied
- 84%
- Renter occupied
- 13%
Demographics data as of May 2026· ABS 2021 Census
Investment overview
Weather year-round
- Annual rainfall
- 528 mm
- Hottest month, avg max
- 25.4°C
- Coldest month, avg min
- 5.8°C
Rainfall by month
Our 1991 to 2020 averages of SILO data (Queensland Government, built from Bureau of Meteorology observations, CC BY 4.0) for this location.
Climate data as of October 2026· SILO (Queensland Government), from Bureau of Meteorology observations
Questions about Lovely Banks
- What is the median house price in Lovely Banks?
- The median house price in Lovely Banks, VIC 3221 is $698,000 (Land Victoria's quarterly suburb median, the latest published quarter (updated May 2026)). The median unit price is $343,440.
- How much is my house worth in Lovely Banks?
- A useful starting point is the Lovely Banks median house price of $698,000 (units $343,440). Your home will sit above or below that depending on land size, condition, position and what comparable homes nearby have sold for recently. For a figure specific to your property, request a free property appraisal from a local agent using the form on this page.
- What is the Lovely Banks postcode?
- Lovely Banks is in the 3221 postcode, in VIC, in the City of Greater Geelong region.
- Where is Lovely Banks?
- Lovely Banks is a suburb in the City of Greater Geelong area, VIC 3221.
- What schools are in Lovely Banks?
- There are 20 schools serving Lovely Banks on this page, including Moriac Primary School, Ceres Primary School, Inverleigh Primary School.
- How walkable is Lovely Banks?
- Lovely Banks has a Walk Score of 0 out of 100, highly car-dependent. transit score 0, bike score 0.
- What suburbs are near Lovely Banks?
- Lovely Banks is close to Murgheboluc, Anakie, Gnarwarre, Murgheboluc, Mount Moriac.
- What is the population of Lovely Banks?
- The population of Lovely Banks is approximately 2,782 (2021 Census). The median age is 37.
Selling in Lovely Banks? Get the free selling guide
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Sources. House and unit medians from the NSW Valuer General, Land Victoria, the SA Government and the ABS; rents from the state rental bond authorities. Census from the ABS (2021), climate from the Bureau of Meteorology, hazard from Geoscience Australia, schools from ACARA and crime from state police open data. Each figure carries its source and date. How we source data
How we’re paid. The guides and this page are free. When a seller asks, we introduce one local agent, and the agent pays us a flat fee for the introduction, never a share of their commission; it costs the seller nothing. If a figure looks wrong, tell us and we’ll fix it.