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 › Troughton St
$455,000
Last sold
22 Dec 2020
3
Bedrooms
1
Bathrooms
1
Car spaces
385 m²
Land
87.71 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
$455,000
22 Dec 2020 · derived via latest_sale
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.
Vs Banks
-50.1%
Median sale
Suburb $912,500
+2.43 pp
Gross yield
Suburb 2.42%
Suburb median $912,500 from 8 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
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 McCann PropertiesIf you are looking for your first home, an investment or somewhere to settle, be sure to add this one to your list. Located in the family friendly suburb of Banks, across the road from a fabulous kid's playground, this charming three-bedroom home is sure to be snapped up by a savvy investor, first home buyer or downsizer looking for a low maintenance, single level, freestanding home with a private, easy care yard.
As you enter the home you are greeted by a large, light filled, open planned kitchen and living area. Fully tiled, this area is hard wearing, while being easy to clean and also pet and allergy friendly. The compact kitchen overlooks the family and dining spaces so you can chat with loved ones while you cook. Making the most of the space, there are plenty of cupboards, including a pantry, breakfast bar plus a gas oven with gas cooktop.
The designated dining space has plenty of room for a family sized dining table and enjoys serene garden and park views. The open plan family room has direct access outdoors for effortless entertaining and alfresco dining opportunities. There is a reverse cycle unit and a gas wall furnace so you can be assured your family will be comfortable year-round.
The clever floorplan sees the three bedrooms positioned together with the ability to close the hallway door to separate the living area from the sleeping quarters. Each bedroom is a good size and the master bedroom includes a convenient built-in robe. The family bathroom includes all of the essentials; shower, separate bathtub and vanity with storage. Perfectly functional as is, it has plenty of scope to update over time and create a luxurious family bathroom.
Outside, you have your own, very private yard to enjoy. Sun drenched, there is a generous, level lawn, low maintenance garden bed with some established plants, a garden shed and a shady, covered pergola that will soon become your favourite place to sit in Summer. If you need a bit more room to move, you will love taking the kids or grandkids across the road to the park, where they are sure to burn off extra energy and soak in the benefits of outdoor play.
• Dual occupancy 385sqm block
• Three-bedroom home in family friendly area
• Open plan living, kitchen and dining areas
• Reverse cycle unit, gas wall furnace in living
• Three good sized bedrooms, master with robe
• Private yard, covered entertaining area
• External roller shutters increase energy efficiency
• Garden shed, enclosed carport, off street parking
• Across the road from fabulous kids' playground
Listing description written by Mark McCann, McCann Properties — reproduced as published, not verified by Districts.