Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started
Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started

ACT › Yarralumla › Banks St

24 Banks St, Yarralumla ACT 2600

House

4

Bedrooms

3

Bathrooms

2

Car spaces

1,058 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLand 1,058 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Yarralumla (last 5 years) with land size: median $2,735/m² of land (n=14). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

No recorded sale price for this property yet.

Local land rate: recorded House sales in Yarralumla (last 5 years) with land size have a median of $2,735/m² of land (n=14). Districts calculation from recorded sales — not a valuation.

Yarralumla at a glance

3,230

People

$1,735,000

Median sale

$547/wk

Median rent

1.64%

Suburb gross yield

Median sale from 10 recorded sales (last 24 months) — a Districts calculation.

See the full Yarralumla report →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Soldprice unknown15 Oct 2022
  2. Listedprice unknowncompleted21 Sept 2022
  3. Listedprice unknowncompleted21 Sept 2022

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

ACT

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $547/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Yarralumla in one glance

Yarralumla at a glance

3,230

People

$1,735,000

Median sale

$547/wk

Median rent

1.64%

Suburb gross yield

Median sale from 10 recorded sales (last 24 months) — a Districts calculation.

See the full Yarralumla report →

Keep researching

  • Why Yarralumla? Read the area thesis →
  • What else is on the market in Yarralumla →
  • Other records on Banks St →

Listing material

Listed by Blackshaw Manuka

Large family home on 1058m2 RZ2 block opposite green-belt

Offering a range of possibilities this superbly positioned family home is zoned on a large RZ2 block adjacent lush green parkland. The home was built in the 1980s and is a spacious family home providing versatility with enduring style and a timeless charming appeal that draws inspiration from the outdoors. Warm tonal brick accents add texture and character to both the kitchen peninsula and to the built-in bar which shares a wall with the lounge's open fireplace. Honeyed timber floors in the living areas echo the warmth and ground the otherwise-neutral palette.

The kitchen's cool-grey subway splashback and pale stone benchtops provide a crisp foil punctuated by sleek stainless-steel appliances. Set in an 'L'-shape, the voluminous loungeroom, dining, kitchen and family roof flow in a cadence that suits the rhythm of family life. Both the dining and family rooms open out to an elevated verandah that wraps two sides of the home and offers tranquil northerly views over the mature rear garden.

Dotted throughout the house are the four bedrooms; each with its own private position. The generously proportioned master has its own discrete entrance off the lounge, a walk-through wardrobe and efficient ensuite. Two good-sized bedrooms at the opposite end of the house are in their own wing and share a full bathroom. A fourth bedroom off the central hallway has access to two-way bathroom which would make it perfect for guests. A good-sized study could also be used as a fifth bedroom.

Read the full description

Located across the road from the leafy grounds of the old CSIRO Forestry School, close to Royal Canberra Golf Club and just three minutes' walk from some of Yarralumla's treasured cafes and restaurants, this home also puts you in an inner-south location that gives you easy access to elite schools, the parliamentary precinct and the Canberra CBD.

FEATURES

• Superb opportunity to redevelop with "RZ2 Zoning" offering an array of possibilities on large 1058m2 block

• Double-brick home overlooking green space and walking distance to Lake Burley Griffin

• Outstanding location close to popular amenities

• Formal entry hall access from covered walkway off double carport

• Updated kitchen with gas cooktop, electric oven, Bosch dishwasher and a huge walk-in pantry

• Large family room with access to elevated verandah

• Formal dining with full wet bar

• Large lounge with brick fireplace and access to verandah

• Generous master with walk-in wardrobe and ensuite

• Three additional bedrooms, one with two-way bathroom and two with access to a second, full bathroom

• Dedicated study or home office

• Large laundry with excellent storage

• Ducted reverse-cycle heating and cooling

• Excellent lock-up storage off carport

• Horseshoe-shaped driveway with off-street parking for 3 cars

• 18 solar panels

Listing description written by Mario Sanfrancesco, Blackshaw Manuka — reproduced as published, not verified by Districts.

Also look at

Also for sale in Yarralumla

  • 23/3 Lane Poole Pl, Yarralumla ACT 2600

    2-bed townhouse. Asking $899K.

    For sale
  • 15 Schlich St, Yarralumla ACT 2600

    4-bed house for sale. Asking $2.1M.

    For sale
  • 5 Schomburgk St, Yarralumla ACT 2600

    3-bed house for sale. Asking $1.75M.

    For sale
  • 19 Bailey Pl, Yarralumla ACT 2600

    4-bed house for sale. Currently listed.

    For sale
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.