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 › Notting Ct
3
Bedrooms
1
Bathrooms
2
Car spaces
497 m²
Land
94 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 CanberraEasy-care, convenient living has never looked as attractive as it does here in this lovely home on the corner of a quiet cul-de-sac street, bathed in beautiful natural light and sunshine. With all the hard work having been done for you, the promise of a stylish and comfortable lifestyle awaits, with its well-proportioned interiors providing a practical layout that is sure to hold great appeal.
The open plan living space effortlessly incorporates kitchen, lounge and dining zones, and it's here that you'll relish basking in the sun's rays, particularly in the cooler months. The kitchen is freshly presented as is the updated bathroom, while the three bedrooms are carpeted and generously sized.
Perhaps what you'll love the most, are the completely low-maintenance outdoor areas that are as delightful as they are undemanding. There's plenty of space for alfresco entertaining or simply enjoying the privacy provided by the established garden beds as you savour a hot coffee and a good book.
There's no denying there's a lot of value included here, not to mention the proximity you'll have to local shops and schools, parks and ovals. Everything you could possibly need, all wrapped up in a fantastic home sanctuary.
Features include:
• Single level brick home, 497sqm corner block
• Open plan living space with timber look floors
• Efficient kitchen, freestanding gas stove, pantry
• Paved, covered entertaining patios, perfectly private
• Three carpeted bedrooms, two with built-in robes
• Freshly updated bathroom, bath, shower, separate w/c
• Fully fenced outdoor areas with extremely easy-care garden beds
• Ducted heating and cooling throughout
• Secure double garage, covered access into the home
• Good-sized laundry
• Water tank
• Block Size: 497 sqm
• Living: 94.79 sqm
• Garage: 36 sqm
• Rates: $2,171.68
• Land Tax: $2,810
• UV: $245,000 (2021)
Close proximity to:
• Banks shops
• Lanyon Market Place
• Tuggeranong Hyperdome
• Murrumbidgee corridor
• Public transport
• Gordon Primary School
• Charles Conder Primary School
• St. Clare Of Assisi Primary School
• Lanyon High School
Disclaimer: All information regarding this property is from sources we believe to be accurate, however we cannot guarantee its accuracy. Interested persons should make and rely on their own enquiries in relation to inclusions, figures, measurements, dimensions, layout, furniture and description
Listing description written by Alec Brown, Ray White Canberra — reproduced as published, not verified by Districts.