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 › Menzies Ct
4
Bedrooms
2
Bathrooms
2
Car spaces
703 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
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 Blackshaw TuggeranongSet in a quiet cul-de-sac surrounded by other quality family homes, this spacious family residence is walking distance to local parks, abundant nature reserves and to convenient amenities. The residence is characterised by its spacious, light filled living areas, immaculate grounds and excellent alfresco entertaining areas. The open plan living spaces are complemented by Cathedral ceilings and large windows, creating an ambience of space and light. A similar design ethos has been followed when you walk through to the large light filled family room and kitchen area. The modern kitchen features a gas cooktop, electric oven and ample bench space which includes a convenient breakfast bar, ideal for quick meals or light entertaining. Extending on from these living spaces, the covered, alfresco deck area offer the ideal spot for BBQ's with family and friends, while the kids can play in the grounds. The landscaped grounds feature an abundance of paved areas, great for entertaining in the sun. The ground also feature a variety of established shrubs and trees. There are four spacious bedrooms, three with built in wardrobes. The master bedroom features a walk in wardrobe and private ensuite. The contemporary main bathroom features a full size bathtub, large vanity and a separate toilet. The residence is kept comfortable via in-slab heating and quality blinds throughout. Within walking distance you will find the Banks Shops featuring an IGA and a variety of restaurants; local sporting ovals and local parklands with playground facilities. Opportunities such as these are often sought after and rarely secured, please do not hesitate to contact our team today to organise an inspection!
* Modern kitchen with gas cooktop, electric oven and breakfast bar
* Four spacious bedrooms, three with built in wardrobes
* Generously sized master bedroom with walk in wardrobe and private ensuite
* Large light filled living spaces ideal for formal and informal entertaining
* In-slab heating and quality blinds throughout
* Sun drenched alfresco deck area, a great spot for BBQ's with family and friends
* Contemporary main bathroom with full size bathtub and separate toilet
* Walking distance to the local shops featuring an IGA and a variety of restaurants
* Walking distance to verdant parklands and local sporting ovals
* Five minute drive to the Lanyon Marketplace (approx)
* Ten minute drive to the Tuggeranong CBD (approx)
Listing description written by Robert Peaker, Blackshaw Tuggeranong — reproduced as published, not verified by Districts.