Lovely Banks vs Corio

In both, most households own their home and the large majority of homes are detached houses. In Lovely Banks, most households are couple families. Houses cost more in Lovely Banks: a median of $780,000, against $560,000 in Corio, and rent is higher there too. On these figures, Lovely Banks tends to suit couples, while Corio suits people living alone and buyers on a tighter budget.

Which one suits you?

There is no overall winner — the suburb that suits a family with school-age kids is routinely the wrong one for someone commuting into the city. So each of these answers its own question, against a checklist you can see, using the same figures in the tables below.

Families with school-age kids

Corio

ahead on 3 of the 6 things we measure here

  • has more parks and reserves (28 vs 2)
  • has more schools inside the suburb (8 vs 1)
  • has more childcare (8 vs 1)
  • But Lovely Banks carries lower crime risk (67/100 vs 91/100)

Weighs schools, house stock, crime, parks, childcare, and who already lives there.

First-home buyers

They split

one each way, out of the 4 things we measure here

  • Lovely Banks leaves households under less mortgage stress (20% vs 26%)
  • Corio has cheaper land ($500,000 vs $758,750)

Weighs house prices, unit prices, land prices, and mortgage stress.

Renters

Corio

ahead on 2 of the 3 things we measure here

  • has a bigger rental market to choose from (41% vs 14%)
  • has cheaper rent ($280/wk vs $350/wk)
  • But Lovely Banks leaves renters under less rental stress (18% vs 24%)

Weighs rent, rental stress, and how much is for rent.

Commuting to the city

Corio

ahead on 3 of the 4 things we measure here

  • is more walkable (74/100 vs 13/100)
  • sits closer to the CBD (64.3 km vs 72.4 km)
  • has a shorter drive in (52 min vs 58 min)

Weighs distance, drive time, rail access, and walkability.

Downsizers and retirees

Corio

ahead on 2 of the 5 things we measure here

  • has more GPs (6 vs 0)
  • is more walkable (74/100 vs 13/100)
  • But Lovely Banks carries lower crime risk (67/100 vs 91/100)

Weighs smaller dwellings, who already lives there, GPs, walkability, and crime.

Investors

They split

one each way, out of the 2 things we measure here

  • Lovely Banks is growing faster (20.9% vs 1.3%)
  • Corio returns a higher gross yield on houses (4.2% vs 3.3%)

Weighs house yield and population growth.

Where they sit

Lovely Banks and Corio drawn to the same scale. Both outlines are shown together, so the map answers whether they share a border and how their areas compare.

Lovely Banks Corio
Hides rows where both suburbs match

Bars start at zero. Scores, risks and rankings are drawn against their full 0–100 range; other rows are drawn in proportion to the larger of the two.

Side by side, out of 100

Risks are inverted — shown as safety and low exposure — so a longer bar always means better.

Lovely Banks Corio
Walkability 13 / 74
Lovely Banks — Walkability: 13/100 Corio — Walkability: 74/100
Safety 33 / 9
Lovely Banks — Safety: 33/100 Corio — Safety: 9/100
Low fire risk 22 / 100
Lovely Banks — Low fire risk: 22/100 Corio — Low fire risk: 100/100
Low flood risk 100 / 53
Lovely Banks — Low flood risk: 100/100 Corio — Low flood risk: 53/100

Demographics

Corio has more residents (15,497 vs 2,782); Lovely Banks has higher household incomes ($103,532 vs $59,904).

Lovely Banks Corio
Population 2,782 15,497
+457% vs other
Population trend (2016 → 2021) +20.9% +1.3%
Median age 37 35
Median household income $103,532/yr
+42% vs other
 $59,904/yr
Median weekly rent $350/wk
+20% vs other
 $280/wk

Age profile

Share of residents in each band, 2021 Census.

Lovely Banks Corio
0-4 4.9% / 5.8%
Lovely Banks — 0-4: 4.9% Corio — 0-4: 5.8%
5-14 12.6% / 12.7%
Lovely Banks — 5-14: 12.6% Corio — 5-14: 12.7%
15-19 6.6% / 8.4%
Lovely Banks — 15-19: 6.6% Corio — 15-19: 8.4%
20-24 9.0% / 7.1%
Lovely Banks — 20-24: 9.0% Corio — 20-24: 7.1%
25-34 14.3% / 15.0%
Lovely Banks — 25-34: 14.3% Corio — 25-34: 15.0%
35-44 10.8% / 11.4%
Lovely Banks — 35-44: 10.8% Corio — 35-44: 11.4%
45-54 15.4% / 12.1%
Lovely Banks — 45-54: 15.4% Corio — 45-54: 12.1%
55-64 14.6% / 12.0%
Lovely Banks — 55-64: 14.6% Corio — 55-64: 12.0%
65-74 6.8% / 9.4%
Lovely Banks — 65-74: 6.8% Corio — 65-74: 9.4%
75-84 4.3% / 4.7%
Lovely Banks — 75-84: 4.3% Corio — 75-84: 4.7%
85+ 1.0% / 1.4%
Lovely Banks — 85+: 1.0% Corio — 85+: 1.4%

Bars are drawn against the largest share shown (15.4%).

Who lives together

Household composition, 2021 Census.

Lovely Banks 56.1% couple families
Lovely Banks — Couple Families: 56.1% Lovely Banks — Lone Person: 22.8% Lovely Banks — One Parent Families: 17.1% Lovely Banks — Group Household: 2.9% Lovely Banks — Other Families: 1.2%
Corio 31.0% couple families
Corio — Couple Families: 31.0% Corio — Lone Person: 35.6% Corio — One Parent Families: 25.9% Corio — Group Household: 5.2% Corio — Other Families: 2.4%
Couple Families Lone Person One Parent Families Group Household Other Families

Who owns and who rents

Occupied private dwellings by tenure, 2021 Census.

Lovely Banks 13.6% renting
Lovely Banks — Owned Outright: 35.9% Lovely Banks — Mortgage: 50.4% Lovely Banks — Renting: 13.6%
Corio 41.3% renting
Corio — Owned Outright: 29.7% Corio — Mortgage: 29.0% Corio — Renting: 41.3%
Owned outright Mortgage Renting

Qualifications

Highest non-school qualification, residents 15+, 2021 Census.

Lovely Banks Corio
Certificate III & IV 17.9% / 14.7%
Lovely Banks — Certificate III & IV: 17.9% Corio — Certificate III & IV: 14.7%
Advanced Diploma / Diploma 7.7% / 5.2%
Lovely Banks — Advanced Diploma / Diploma: 7.7% Corio — Advanced Diploma / Diploma: 5.2%
Bachelor Degree 8.6% / 4.3%
Lovely Banks — Bachelor Degree: 8.6% Corio — Bachelor Degree: 4.3%
Postgraduate Degree 2.5% / 1.4%
Lovely Banks — Postgraduate Degree: 2.5% Corio — Postgraduate Degree: 1.4%
Graduate Diploma / Certificate 1.1% / 0.6%
Lovely Banks — Graduate Diploma / Certificate: 1.1% Corio — Graduate Diploma / Certificate: 0.6%

Bars are drawn against the largest share shown (17.9%).

Where residents were born

Largest overseas birthplaces, as a share of all residents, 2021 Census. A dash means that country is not among the suburb's own eight largest.

Lovely Banks Corio
India 2.7% / 1.8%
Lovely Banks — India: 2.7% Corio — India: 1.8%
England 1.7% / 2.6%
Lovely Banks — England: 1.7% Corio — England: 2.6%
Myanmar — / 2.7%
Lovely Banks — Myanmar: not among its largest Corio — Myanmar: 2.7%
Afghanistan 0.7% / 1.9%
Lovely Banks — Afghanistan: 0.7% Corio — Afghanistan: 1.9%
Thailand — / 2.2%
Lovely Banks — Thailand: not among its largest Corio — Thailand: 2.2%
New Zealand 0.8% / 0.8%
Lovely Banks — New Zealand: 0.8% Corio — New Zealand: 0.8%
Italy 1.4% / —
Lovely Banks — Italy: 1.4% Corio — Italy: not among its largest
Vietnam 0.8% / —
Lovely Banks — Vietnam: 0.8% Corio — Vietnam: not among its largest

Bars are drawn against the largest share shown (2.7%).

What people live in

Occupied private dwellings by structure, 2021 Census.

Lovely Banks 91.6% houses
Lovely Banks — Houses: 91.6% Lovely Banks — Townhouses: 4.0% Lovely Banks — Flats / Apartments: 4.4%
Corio 91.5% houses
Corio — Houses: 91.5% Corio — Townhouses: 6.5% Corio — Flats / Apartments: 2.0%
Houses Townhouses Flats / Apartments

Property market

Lovely Banks Corio
Median house price $780,000 $560,000
Median unit price $371,500 $430,000
Median land price $758,750 $500,000
Typical days to sell (houses) 31 days
from 29 sales
 21 days
from 210 sales

House price by bedroom count

Only bed counts both suburbs published enough sales for. Sale counts are shown because the buckets differ in depth.

Lovely Banks Corio
3 bed $700K / $560K
Lovely Banks — 3 bed: $700K (25 sales) Corio — 3 bed: $560K (389 sales)

25 vs 389 sales

4 bed $800K / $650K
Lovely Banks — 4 bed: $800K (27 sales) Corio — 4 bed: $650K (49 sales)

27 vs 49 sales

Zoning mix

Lovely Banks has more rural and farming land (46% vs 16%); Corio has more industrially zoned land (26% vs 0%).

Lovely Banks Corio
Residential 51% 29%
Rural and farming 46% 16%
Industrial 0% 26%
Parks and recreation 0% 14%
Infrastructure and transport 3% 10%
Commercial 0% 3%
Other and special use 0% 1%
Zoning sets what may be built, not what is there today. A single address can sit in a different zone to the suburb around it. Zones as at 2026-09.

Development activity

Lovely Banks Corio
New dwellings approved 3,468
across Greater Geelong
same for both
Approvals change year on year +56%
same for both

Gross rental yield

Gross — before strata, rates, management, insurance and vacancy. From median advertised rents and median asking prices over the last 6 months. How we calculate.

Lovely Banks Corio
Houses 3.3%
$728/wk on $1.14M
 4.2%
$480/wk on $592K
Units — 4.6%
$410/wk on $459K

Ranking within VIC

Lovely Banks Corio
House price Higher than 41% of VIC Higher than 19% of VIC
Income Higher than 76% of VIC Higher than 20% of VIC
Schools — Higher than 2% of VIC
Walkability Higher than 76% of VIC Higher than 91% of VIC
Affordability Higher than 85% of VIC Higher than 52% of VIC
EV adoption Higher than 71% of VIC Higher than 18% of VIC
NBN connectivity Higher than 77% of VIC Higher than 91% of VIC
Rental yield (houses) Higher than 28% of VIC Higher than 81% of VIC
Rental yield (units) — Higher than 42% of VIC

Liveability

Corio is more walkable (74 vs 13); Lovely Banks scores higher overall (36 vs 31).

Lovely Banks Corio
Grade C
same for both
Score 36/100 31/100
Socio-economic band mid-range socio-economic
decile 4/10
 high-need area
decile 1/10

Risk profile

Lovely Banks carries more bushfire risk (78 vs 0); Corio carries more flood risk (47 vs 0).

Lovely Banks Corio
Bushfire High
78/100
 None
0/100
Crime Moderate
67/100
 High
91/100
Flood None
0/100
 Moderate
47/100
Coastal erosion None
0/100
 Moderate
52/100
Aircraft noise None
0/100
same for both
Industrial facilities nearby 5
within 5 km
 21
within 5 km

Schools

Lovely Banks Corio
Inside the suburb 1 8
Rated above peers 0
same for both
Rated at peers 0 1
Rated below peers 1 2
Universities within 10 km None 2
Deakin University, Geelong Waterfront Campus, 9.3 km

Schools in Lovely Banks

  • Geelong Baptist College Independent · Combined below peers

Schools in Corio

  • St Francis Xavier School Catholic · Primary at peers
  • Geelong Grammar School - Corio Campus Independent · Combined below peers
  • Northern Bay P-12 College Government · Combined below peers
  • Geelong English Language School (interim name)-Corio Campus Government · Combined
  • Northern Bay P-12 College-Hendy Street P-8 Campus Government · Combined
  • Northern Bay P-12 College-Wexford Court P-8 Campus Government · Combined

Amenities in the suburb

Lovely Banks Corio
Supermarkets 0 3
Cafes & restaurants 1 3
Parks & reserves 2 28
Childcare 1 8
GPs 0 6
Pharmacies 0 3
Police stations 0 1
Banks & Bank@Post 0 3
Fuel stations 1 6
EV chargers 0 2
Beaches 0 1
Waterways 2 0

Mobility

Lovely Banks sits further from the CBD (72.4 km vs 64.3 km).

Lovely Banks Corio
Walkability score 13/100 74/100
Distance to Melbourne 72.4 km
+11% vs other
 64.3 km
Drive time (normal traffic) 58 min 52 min
Public transport score 52/100 86/100
Rail
Peak arrivals per hour 12.5
7-9am + 5-7pm
 241.5
7-9am + 5-7pm
Median peak wait 1 min
scheduled, not actual
 0 min
scheduled, not actual
Electric vehicle share 0.8%
postcode 3213
 0.3%
postcode 3214
Rooftop solar per 100 dwellings 47
postcode 3213
 30
postcode 3214

How people get to work

Method of travel on census day 2021 — which fell during COVID restrictions, so working from home is inflated and every travel mode understated.

Lovely Banks Corio
Car (driver) 76.6% / 76.7%
Lovely Banks — Car (driver): 76.6% Corio — Car (driver): 76.7%
Worked from Home 13.4% / 9.1%
Lovely Banks — Worked from Home: 13.4% Corio — Worked from Home: 9.1%
Car (passenger) 7.3% / 7.7%
Lovely Banks — Car (passenger): 7.3% Corio — Car (passenger): 7.7%
Bus 0.7% / 2.6%
Lovely Banks — Bus: 0.7% Corio — Bus: 2.6%
Walked Only 0.7% / 2.1%
Lovely Banks — Walked Only: 0.7% Corio — Walked Only: 2.1%
Train 1.1% / 1.2%
Lovely Banks — Train: 1.1% Corio — Train: 1.2%

Bars are drawn against the largest share shown (76.7%).

Setting

Lovely Banks Corio
Elevation 91 m
above sea level, at the suburb centre
 17 m
above sea level, at the suburb centre
Distance to the ocean 7.1 km 1.7 km
2.7 km to a named beach

NBN connectivity

Lovely Banks Corio
Connectivity score 65/100 82/100
Most common technology Fibre to the premises
same for both
Full-fibre (FTTP) share 45%
1,128 premises
 63%
7,094 premises

Climate

Lovely Banks Corio
Annual rainfall 454 mm
same for both
Summer max (Jan) 26.1°C
same for both
Winter min (Jul) 5.5°C
same for both

Air quality (annual mean)

Lovely Banks Corio
PM2.5 5.0 µg/m³
same for both
PM10 20.5 µg/m³
same for both
NO₂ —
same for both

Council rates

Lovely Banks Corio
Average residential rate $1,802/yr
same for both
Council Greater Geelong
same for both

Federal electorate

Lovely Banks Corio
Division Corio
same for both
Member Richard Marles
same for both
Party Australian Labor Party
same for both

First Home Owner Grant

Lovely Banks Corio
Grant amount $10,000
same for both
Property price cap $750,000
same for both
Eligibility New
same for both

Tags

Lovely Banks

Acreage

Corio

Affordable Coastal Large Blocks Parks Regional Centre Transport Hub

More comparisons

Other comparisons with Lovely Banks

Lovely Banks vs Lara Lovely Banks vs Norlane Lovely Banks vs Bell Post Hill Lovely Banks vs Anakie Lovely Banks vs Moorabool

Other comparisons with Corio

Corio vs Lara Corio vs Norlane Corio vs North Shore Corio vs Avalon
Full data on Lovely Banks Full data on Corio
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Information shown is provided as-is from Australian government and commercial data sources.
Always verify with the relevant authority before making property decisions.
See Data Sources and How We Calculate for details.

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