ABS 2021 Census · Updated 31 March 2026
Lovely Banks is a coastal suburb in Victoria, Australia, with a population of approximately 2,782, making it a boutique locality. Located approximately 62 km from the Melbourne CBD, Lovely Banks is a coastal area in Victoria. The median household income is $103,532 AUD per year (ABS 2021 Census).
Above-average earnings in Lovely Banks support sustained property values. Seaside positioning attracts both owner-occupiers and holiday rental demand.
Map shows Lovely Banks, Victoria, Australia.
Official Australia Post postcode for Lovely Banks. A postcode may cover multiple suburbs.
Australia Post Postcode Finder →Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.
ABS Census Data →Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.
State Rental Authority →Annual median household income (before tax) for all households. Source: ABS 2021 Census.
ABS Census Data →Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.
Estimated 1 school within or near this suburb based on ABS 2021 data.
Find schools near Lovely Banks on My School →Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.
Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.
ABS Census Data →Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.
ABS Census Data →Coastal lifestyle is a strong draw for Lovely Banks, supporting both long-term rental demand and holiday letting potential. Seaside suburbs in Victoria consistently attract interstate migration and lifestyle buyers. The median rent of $350/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,747/month. A median household income of $103,532/year supports premium property values and indicates a well-employed resident base. 87% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.
Lovely Banks offers moderate buy-and-hold potential — look for properties with value-add opportunities.
Expect competitive but not exceptional rental returns in Lovely Banks's current market.
The resale market in Lovely Banks may not support quick-turnaround renovation projects.
Run the numbers on a Lovely Banks property
Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.
Create free account →Property values in Lovely Banks should hold firm in 2026, with gradual appreciation tied to infrastructure and population trends. The rental market in Lovely Banks should see steady occupancy, with moderate upward pressure on rents. Lovely Banks offers measured appeal for investors willing to look beyond headline metrics.
Lovely Banks is a coastal area in Victoria with a population of 2,782. The median rent is $350/week and the median household income is $103,532/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.
Key demand drivers in Lovely Banks include lifestyle appeal and proximity to the coast. 87% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.
According to the ABS 2021 Census, Lovely Banks has a population of approximately 2,782. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.
Lovely Banks is approximately 62 km straight-line distance from the Melbourne CBD (calculated from ABS 2021 suburb centroid coordinates). Road travel times will vary; check current mapping services for up-to-date routes.