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 › Thomas Hart St
$799,000
For sale
Asking
3
Bedrooms
1
Bathrooms
2
Car spaces
390 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
Asking
$799,000
Asking · $2,049/m² of land
No recorded sale for this property.
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
-12.4%
Median sale
Suburb $912,500
+0.34 pp
Gross yield
Suburb 2.42%
Suburb median $912,500 from 8 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$29,287 on top of the price (3.7% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Australian Capital Territory schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Banks's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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.
Gross yield if leased at the suburb aggregate is 2.8%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 RNB PropertiesPerfectly positioned in the family-friendly suburb of Banks, this well-presented three-bedroom home offers an outstanding opportunity for first-home buyers, young families, downsizers and savvy investors looking to secure a quality property in an established location.
Combining practical living spaces, modern updates and excellent outdoor areas, this home provides the ideal balance of comfort, functionality and affordability. With separate living and dining zones, renovated bathroom facilities, energy-saving solar power and plenty of parking, this is a property ready to move into and enjoy from day one.
Step inside to discover a light-filled interior featuring timber flooring through the living, dining and hallway areas, while all three generously sized bedrooms are fitted with built-in robes and comfortable carpeting. The renovated bathroom with skylight, separate renovated toilet and dedicated laundry add convenience for growing families and busy households.
At the heart of the home, the well-equipped kitchen features a gas cooktop, oven, dishwasher, rangehood and a skylight that fills the space with natural light. Ducted reverse-cycle heating and cooling ensure year-round comfort throughout the home.
Outside, you'll find a spacious fully fenced backyard offering privacy and room for children and pets to play. Garden enthusiasts will love the large vegetable and planting beds, while the two garden sheds provide excellent storage solutions. The covered outdoor area and patio create the perfect setting for entertaining family and friends all year round.
Adding further value is the solar system, four wired CCTV cameras with mobile access, and an oversized double carport capable of accommodating up to four vehicles in total.
Property Features:
Ideal first home, family home or investment opportunity
Three spacious bedrooms with all built-in robes
Separate living and dining areas
Timber flooring throughout living, dining and hallway
Carpeted bedrooms for added comfort
Renovated bathroom with skylight and toilet
Renovated separate toilet
Separate laundry with backyard access
Kitchen with gas cooktop, oven, dishwasher and rangehood
Skylight in kitchen providing abundant natural light
Ducted reverse-cycle heating and cooling
Solar power system
Four wired CCTV security cameras with mobile accessibility
Fully fenced backyard
Large garden beds ready for vegetables and planting
Two garden sheds
Covered outdoor entertaining area and patio
Double carport with parking for up to four vehicles
Location Highlights:
Situated in a quiet and established neighbourhood
Close to local schools, childcare facilities and parks
Minutes to Banks Shops and Chisholm Shopping Centre
Easy access to medical centres, sporting facilities and public transport
Short drive to Tuggeranong Town Centre, South.Point Shopping Centre and Lake Tuggeranong
Convenient access to major arterial roads connecting to Canberra City and Woden
Whether you're looking to take your first step into the property market, secure a low-maintenance family home, or add a solid investment to your portfolio, 23 Thomas Hart Street, Banks delivers exceptional value, comfort and lifestyle convenience in one complete package.
Property Details:
House Size: 157.44 m² including Carport
Land Size: 390 m²
EER: 6 Stars
Street Side Orientation: South
All figures are approximate.
For further details, please contact Raja Gupta by submitting an enquiry below or calling on 0452 326 613
Disclaimer: RNB Properties has taken all reasonable care in the preparation of this advertisement to ensure the information contained herein is true and correct; however, no representation or warranty is made as to the accuracy, reliability, or completeness of the information. Interested parties should rely on their own enquiries and investigations in relation to the property and any information provided. RNB Properties accepts no responsibility and disclaims all liability for any errors, omissions, inaccuracies, or misstatements contained in this advertisement.
Listing description written by Raja Gupta, RNB Properties — reproduced as published, not verified by Districts.