Lovely Banks, VIC
By Lauren McCaleb · Reviewed by Dylan Duncan ·
Less advantaged than the national average
Lovely Banks is more socio-economically advantaged than about 35% of the 14,462 Australian suburbs we score, based on the ABS SEIFA index (raw score 961, where about 1000 is the national average).
A socio-economic measure from ABS Census data — not a measure of how good a suburb is to live in or visit. How we calculate this.
Lovely Banks at a glance
- Population (2021)
- 2,782
- Median age
- 37
- Median weekly household income
- $1,991
- SEIFA score
- 961
- Coordinates
- -38.0468, 144.3188
Lovely Banks demographics (2021 Census)
The figures below profile Lovely Banks using the Australian Bureau of Statistics 2021 Census; every percentage is a share of a clearly stated Census count, so each one traces back to the source. At a glance, the largest age group is mid-life (45–64) at 30%, 13% of homes are rented, and 24% of residents were born overseas.
Age profile
| Age group | People | Share |
|---|---|---|
| Children (0–14) | 487 | 17% |
| Youth (15–24) | 434 | 16% |
| Young adults (25–44) | 697 | 25% |
| Mid-life (45–64) | 835 | 30% |
| Seniors (65+) | 338 | 12% |
Share of the 2,791 people counted by age.
Housing and households
| Tenure | Dwellings | Share |
|---|---|---|
| Owned outright | 322 | 35% |
| Owned with a mortgage | 452 | 50% |
| Rented | 122 | 13% |
| Dwelling type | Dwellings | Share |
|---|---|---|
| Houses | 840 | 91% |
| Townhouses & semis | 37 | 4% |
| Flats & apartments | 42 | 5% |
Tenure and dwelling shares are of the roughly 919 occupied private dwellings in Lovely Banks.
- Median weekly rent
- $350
- Median monthly mortgage
- $1,747
- Average household size
- 2.9 people
- Median weekly family income
- $2,186
- Median weekly personal income
- $798
Community and culture
- Born overseas
- 647 (24%)
- Speaks a language other than English at home
- 747 (28%)
- Aboriginal and/or Torres Strait Islander
- 24 (1%)
Work and education
- Completed Year 12
- 1,127 (52%)
- Labour-force participation
- 67.7%
- Unemployment rate
- 4.1%
- Employed full-time
- 904
- Employed part-time
- 500
Source: ABS Census of Population and Housing, 2021 (General Community Profile, by Suburb and Locality). © Australian Bureau of Statistics, released under CC BY 4.0. How we group bands and derive each share is set out on our methodology page.
Weather and climate in Lovely Banks
Based on 2014–2023 records, the warmest month in Lovely Banks is January (average daytime high around 26.3°C) and the coolest is July (around 13.7°C). The area receives roughly 569 mm of rain across the year.
| Month | Avg high | Avg low | Rain |
|---|---|---|---|
| Jan | 26.3°C | 15.2°C | 54 mm |
| Feb | 25.2°C | 14.7°C | 27 mm |
| Mar | 23.6°C | 13.8°C | 34 mm |
| Apr | 20.1°C | 11.5°C | 50 mm |
| May | 16.7°C | 9.2°C | 45 mm |
| Jun | 14.2°C | 7.4°C | 44 mm |
| Jul | 13.7°C | 6.8°C | 40 mm |
| Aug | 14.3°C | 7°C | 43 mm |
| Sep | 16.7°C | 8°C | 54 mm |
| Oct | 19.5°C | 9.3°C | 68 mm |
| Nov | 21.5°C | 11°C | 61 mm |
| Dec | 23.9°C | 12.9°C | 49 mm |
Climate normals, 2014–2023 (Open-Meteo, ERA5 reanalysis).
Common questions about Lovely Banks
Where is Lovely Banks?
Lovely Banks is a suburb of Victoria, Australia.
What is the population of Lovely Banks?
At the 2021 Census, Lovely Banks had a population of about 2,782.
Is Lovely Banks an advantaged area?
Lovely Banks has an ABS SEIFA score of 961, where about 1000 is the national average — higher scores indicate greater relative socio-economic advantage. That gives it a Suburb Score of 35 out of 100 — more socio-economically advantaged than about 35% of Australian suburbs.
What is the weather like in Lovely Banks?
Lovely Banks has average daytime highs of about 19.6°C and overnight lows of about 10.6°C, with roughly 569 mm of rain across the year (based on 2014–2023 climate normals).
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