Banks at a glance
5,043
People
$912,500
Median sale
$424/wk
Median rent
2.42%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
ACT › Banks › Mathews Pl
5
Bedrooms
2
Bathrooms
2
Car spaces
615 m²
Land
143 m²
Building
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
No recorded sale price for this property yet.
Local land rate: recorded House sales in Banks (last 5 years) with land size have a median of $1,481/m² of land (n=27). Districts calculation from recorded sales — not a valuation.
Banks at a glance
5,043
People
$912,500
Median sale
$424/wk
Median rent
2.42%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
ACTPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $424/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. This jurisdiction has no comparable official bond series in the free set.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Banks at a glance
5,043
People
$912,500
Median sale
$424/wk
Median rent
2.42%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White CanberraCatering to the largest of families, this light and bright five bedroom is full to the brim with family friendly features. You'll love the generous living space, practical floorplan and expanse of outdoor space. Coupled with a convenient location near quality schools, shops, playing fields and the great outdoors, you've got the perfect combination for your family.
Flooded with light from wall-to-wall windows, the spacious living space welcomes you home after a busy day. Large enough for the whole family to relax in front of a movie, or entertain friends, the open plan layout extends to a separate dining space and kitchen. With plenty of bench and cupboard space the kitchen includes electric oven and gas cooktop. Down the hall the substantial master boasts a luxurious ensuite fully updated with floor to ceiling tiles, oversized shower, stylish cabinets and fittings. Kids will be spoilt for choice with four more double bedrooms, all serviced by the updated family bathroom with separate bath and shower.
Outside the expansive of lawn is ideal for a game of soccer or trampoline, while the double garage and two garden sheds create plenty of storage. Private and secure the rear yard is tucked away behind a large access gate making it safe for small children and pets and ideal for parking a trailer, boat or caravan. Located a short drive Lanyon Marketplace, with great transport links into the city, and minutes to Tuggeranong Town Centre, you've got all the amenities right in your community. A family home of this size will get snapped up quickly, move fast to secure your viewing today.
• Spacious 5 bedroom, 2 bathroom family home
• Generous light filled open plan lounge and dining space
• Practical kitchen with tons of bench and cupboard space, electric oven and gas
cooktop
• Large master bedroom with stunning updated ensuite and mirrored built-in robes
• Four additional bedrooms, two with built-in robes
• Updated family bathroom with separate bath and shower
• Reverse cycle heating and cooling and gas heating to living
• Separate laundry
• Easy care gardens in front and large backyard with garden sheds
• Double garage plus parking for additional vehicle
• Safe and friendly community walking distance to local shops and schools
• Residence: 143.94m2
• Garage: 36.00m2
• Complex built: 1993
• Rates: $2,392 per quarter
• Land tax: $3,391 per quarter
• EER: 5 stars
Listing description written by Dan Cooper, Ray White Canberra — reproduced as published, not verified by Districts.