Lovely Banks 5-Acre Family Home with Development Opportunities

For Sale

House

Type

Bedrooms

Bathrooms

Parkings

2.02 ha

Area

Published on Monday, October 05, 2026 ( See property details for 655 Bacchus Marsh Road, Lovely Banks, Vic 3213)

$2,950,000 - $3,240,000

View the agent price guide.

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AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A spacious family home on approximately 5 acres with future development potential in the sought-after Lovely Banks area.

🏡 Property Highlights

Approximately 5 acres of versatile land with future development potential
Established family home with 4 bedrooms and 2 bathrooms
Located within the Lovely Banks PSP area with subdivision prospects (STCA)
Close proximity to Geelong, Avalon Airport, and Melbourne for convenience
Ideal for development, investment, or a spacious family lifestyle
Room for sheds, machinery, pets, or a hobby farm

✨ Key Features

Water supply
Fencing
Dams
Sheds
Heating
Cooling
Open-Plan Living
Built-in Robes
Outdoor Area
Garage

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655 Bacchus Marsh Road

Lovely Banks, VIC 3213

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Suburb and Property Insights of Lovely Banks, VIC 3213

Lovely Banks offers a peaceful rural lifestyle with easy access to Geelong’s shopping, dining, and amenities. The area benefits from excellent transport links via Princes Highway and proximity to Avalon Airport, making it ideal for frequent travelers. Surrounded by open space, it provides a perfect setting for families, pets, and hobby farms. The ongoing growth and future development plans enhance its investment appeal. Enjoy a balance of country living with city convenience in this thriving community.

Frequently Asked Questions

What are the future development plans for the area?

The property is within the Lovely Banks PSP area with a Future Development overlay, indicating potential for future subdivision or development subject to council approval (STCA).

Can I build additional structures or a secondary dwelling?

Any additional construction or subdivision would require council approval and must comply with local planning regulations and overlays.

What is the condition of the existing home?

The home is an established family residence with basic amenities, ready for immediate occupation or renovation.

Are there any restrictions or easements on the land?

The property is affected by a Future Development overlay, which may include certain restrictions; further due diligence with local council is recommended.

What are the water and utility arrangements?

The property has water supply and dams; details on other utilities should be confirmed with the relevant providers.

What to ask about this property to agent?

Are there any hidden costs associated with future subdivision or development approvals? Has the property been affected by any flooding, bushfire, or environmental risks? Are there any existing easements, covenants, or zoning restrictions that could impact future plans? What are the current council rates and any additional fees for development approval? Is there any ongoing or planned nearby construction that could affect the property’s value or lifestyle?

655 Bacchus Marsh Road, Lovely Banks, Vic 3213 - More Details

$2,950,000 - $3,240,000

Some properties are simply a place to live. Others are a place to live while you wait for something bigger. This one is both.

5 acres. Family home. Future potential. 655 Bacchus Marsh Road, Lovely Banks is the kind of holding you live in, hold onto, or build on. Approximately 2.02 hectares of opportunity, ready for you to make your move.

The opportunity
The property sits within the Lovely Banks Precinct Structure Plan (PSP) area and is affected by a Future Development overlay. That points to future development or subdivision potential, subject to council approval (STCA). Whether you're a developer, investor or land banker, or you simply want a family home on acreage with upside, this one deserves a serious look.

Live in it, hold it, or plan around it
Move straight in and enjoy the space, with room for the kids, pets, sheds, machinery or the hobby farm you've always wanted
Hold the land and let the growth of the surrounding area work in your favour
Explore future development or subdivision options STCA as the precinct continues to take shape

The home
4 bedrooms, 2 bathrooms, 2 living areas, kitchen, heating and cooling, sheds, fencing, water supply, dams, and any standout feature.

Location that works hard for you
Lovely Banks gives you country breathing room without cutting you off from anything that matters:

• Geelong is close by, with its shopping, dining, schools, hospitals and waterfront
• Princes Highway is nearby, giving easy access to Geelong, Werribee, Melbourne and beyond
• Avalon Airport is just around the corner, ideal for frequent flyers and interstate travel
• Melbourne is within comfortable reach via the highway and freeway network

Space to breathe, with the city, the coast and the airport all within easy reach.

Why act now
Acreage with a home, a prime location and future potential rarely come to market. As the growth area around it evolves, opportunities like this tend to go to the buyers who moved early.

Call Rami Husseini on 0470 409 755 to arrange your private inspection.

Key features
Approx. 5 acres (2.02 hectares) in Lovely Banks
Established family residence
Within the Lovely Banks PSP area, with Future Development overlay
Development or subdivision potential STCA
Close to Geelong, Princes Highway, Avalon Airport and Melbourne
Room for sheds, machinery, pets or a hobby farm

Type: House
Bedrooms: 4
Bathrooms: 2
Parkings: 4
Area: 2.02 ha

Price guide

View Statement Of Information

in compliance with Estate Agents Act 1980

Map & nearby places — 655 Bacchus Marsh Road, Lovely Banks, Vic 3213

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Costs and returns

Work out what this home could cost you, or earn you, using your own numbers. The calculators run in your browser and keep nothing you type.

School catchments

Government school zones this property is inside, from the outlines we hold. A zone can change, and being in a zone is not a guarantee of a place, so check with the school or the education department.

Lara Lake Primary School Zone Government primary school, Prep-6, co-ed

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655 Bacchus Marsh Road, Lovely Banks, Vic 3213

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