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 › Paperbark St
4
Bedrooms
3
Bathrooms
2
Car spaces
710 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 LJ Hooker KippaxAuction to be held Saturday 17th June at 1pm, On site
From the grand entry, take a walk upstairs to the private and spacious fourth bedroom with its own ensuite bathroom, walk in wardrobe and balcony. The main bedroom downstairs is grand in proportional and also features an ensuite bathroom with corner spa and a walk in wardrobe.
The formal lounge and dining room with timber floors flows seamlessly through French doors to the huge open plan family and meals room. The designer kitchen boasts thick stone benchtops, gas cooking, stainless steel appliances and a dishwasher.
To the rear, two more bedrooms both with built in robes are separated by a third living space. Be it a study, rumpus, home gym or theatre room; this space is versatile and perfect for whatever your family desires. A large bathroom with spa bath, separate toilet and an oversized laundry with big linen press complete this wing of the home.
Outside, a large covered entertaining area is just perfect for family gathering and the low maintenance grounds are a wash with native plants and not a single blade of grass to mow. But for more personal time, a quaint private courtyard off the meals room boasts a beautiful outdoor spa.
Other welcome features include a double lock up garage with automatic door and internal access, evaporative cooling, in slab heating and two reverse cycle air conditioning units, alarm system, ducted vacuum cleaner, downlights with dimmer switches throughout and a fresh coat of paint and brand new carpets throughout.
My sellers have moved out, made plans and require a sale on auction day. All reasonable offers considered so bring your cheque book and do not miss out!
Features Include:
Four bedrooms, two with ensuite and walk in robes
Other two bedrooms with built in robes
Formal lounge and dining with timber floors
Open plan family and meals room
Designer kitchen with quality appliances and plenty of storage
Third versatile living space. Office, rumpus, gym you choose!
In slab heating
Evaporative cooling
Two reverse cycle air conditioning units
Ducted vacuum
Alarm system
Covered outdoor entertaining
Private courtyard with outdoor spa
Double garage with auto door and internal access
Low maintenance grounds
BRAND NEW paint throughout
BRAND NEW carpet in bedrooms and rear living room
House Size: 262m2
Block Size: 711m2
UCV: $255,000
Rates: $465.50 p/qtr
Land Tax: $608.75 p/qtr
Built: 2004
EER: 3.5
Listing description written by Johnathan Davis, LJ Hooker Kippax — reproduced as published, not verified by Districts.