Suburb Profile Report for Lovely Banks VIC (3221)

Lovely Banks House: Median price $432,000, Annual capital growth 3.62%, Number of sales 11, Weekly median advertised rent N/A

Source: CoreLogic

  • House Report

VIC has seen average median house prices change by 10.43% which means that Lovely Banks, 3221 has done well for property investors by showing a capital gain of 8.00% over the last year

Metrics i HOUSE UNIT
$432,000 N/A
N/A N/A
8.00% N/A
3.62% N/A
N/A N/A
11 N/A
N/A N/A
N/A N/A

Source: CoreLogic

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Demographics
Total population 2218
Median household income ($/weekly) 1365
Median age of persons 35
Median housing loan repayment ($/monthly) 1733
Average household size 3
  • Census Count Percent(%)
    5-14 years 356 16.1
    25-34 years 240 10.8
    35-44 years 347 15.6
    45-54 years 362 16.3
    55-64 years 207 9.3
    Others 706 31.8
    Age Group
    Census Count Percent(%)
    Registered Married 855 54.7
    Not Married 604 38.6
    Defacto Relationship 105 6.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 1626 78.1
    Egypt 46 2.2
    Japan 43 2.1
    United Kingdom 69 3.3
    Other 79 3.8
    Others 218 10.5
    Country of Birth
    Census Count Percent(%)
    Christianity 1571 78.9
    No Religion 350 17.6
    Buddhism 35 1.8
    Islam 30 1.5
    Other Religious Groups 6 0.3
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 57 9.2
    $1,250-$1,499 55 8.9
    $1,500-$1,999 89 14.4
    $2,000-$2,499 70 11.3
    $2,500-$2,999 63 10.2
    Others 283 45.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 631 39.4
    Not in the labour force 507 31.7
    Employed, worked part-time 368 23.0
    Employed, away from work 54 3.4
    Unemployed, looking for work 41 2.6
    Person Characteristics
  • Census Count Percent(%)
    Professionals 120 11.4
    Technicians & trades workers 196 18.6
    Clerical & administrative workers 128 12.1
    Sales 125 11.9
    Labourers 123 11.7
    Others 362 34.3
    Occupation
    Census Count Percent(%)
    Pre-school 38 6.6
    Infants/Primary 224 38.7
    Secondary 200 34.5
    Technical or Further Educational Institution 50 8.6
    University or other Tertiary Institutions 58 10.0
    Others 9 1.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1919 92.8
    Flat, unit or apartment 127 6.1
    Semi-detached, row or terrace house, townhouse 22 1.1
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 321 47.3
    Fully owned 252 37.2
    Rented 105 15.5
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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