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 › Orange Thorn Cres
4
Bedrooms
2
Bathrooms
2
Car spaces
1,021 m²
Land
205 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 CanberraEmbracing the best of the Bush Capital lifestyle, 11 Orange Thorn Crescent is the perfect blend of space, sophistication and seclusion. With dramatic valley views, superb presentation and unrivaled versatility this stunning 'forever home' is perfect for the growing family. A playful and creative 205.99m2 single level floor plan with multiple living spaces features soaring ceilings and an abundance of natural light. A private formal lounge and library both overlook a serenic streetscape surrounded by views of the Tuggeranong Nature reserve, flowing effortlessly through to a large family room/meals area and kitchen. Stone benchtops, stainless steel appliances and a wealth of storage define the space though the hillside views may distract the washing up. A separate rumpus with large north-facing windows and doors adjoins an expansive timber deck ideal for entertaining or quiet relaxation.
Four, well-proportioned bedrooms include the stunning master suite, complete with walk-through wardrobe and ensuite. A contemporary bathroom, fully fitted laundry, and ample built-in storage throughout further add to the appeal. Framed by seasonal landscaped gardens the enviable position backing the Rob Roy Ranges reserve ensures complete privacy. An artist's studio positioned at the rear will inspire plus the practicality of a large double automatic garage with near level driveway will impress. Close to fabulous amenities but evoking a feeling of being another world away, lifestyle opportunities like this are not to be missed.
Features:
Fully renovated 4 bedroom home in a tightly held and elevated location
Large 1021m2 parcel of land backing onto Rob Roy Reserve
37.66m2 garage with internal access and electric roller doors
205.99m2 floor plan with multiple living areas
Rendered exterior with superb energy efficiency rating of 4.0 stars
High ceilings of 2700mm
Vinyl flooring and carpet installed
Neutral Colour scheme throughout
Modern kitchen with stone benches, quality appliances and ample storage
Rear master suite complete with walk-in wardrobe and full size ensuite
3 generously proportioned spare bedrooms with BIR's
Well designed and practical laundry with ample cupboard and storage space
Ducted gas heating and evaporative cooling
Large terraced timber decking
Separate retreat currently being utilised as an art studio
Carefully manicured garden flowing onto reserve
Built: 2003
Block: 1021m2
UCV: $364,000 (2019)
Rates: $2,648 p.a (approx.)
EER: 4.0
Close proximity to:
Rob Roy Nature Reserve
Banks shopping village
Public transport
Lanyon town centre
Charles Conder Primary School
Lanyon High School
St Clare of Assisi Primary School
Listing description written by Alec Brown, Ray White Canberra — reproduced as published, not verified by Districts.