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 › Alison Ashby Cres
$985,000
Last sold
12 May 2026
4
Bedrooms
2
Bathrooms
2
Car spaces
670 m²
Land
176 m²
Building
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
$985,000
12 May 2026 · derived via latest_sale
Local land rate: recorded House sales in Banks (last 5 years) with land size have a median of $1,490/m² of land (n=26). 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
+7.9%
Median sale
Suburb $912,500
-0.18 pp
Gross yield
Suburb 2.42%
Suburb median $912,500 from 8 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
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 TuggeranongWhen your family needs more room to spread out, this beautifully presented 4-bedroom 2-bathroom home makes the transition easy. Set in the hills of Banks, it offers multiple living zones, a peaceful entertaining deck and impressive energy efficiency, creating the perfect backdrop for busy family life.
Flexible living for the whole family: Three distinct living spaces ensure everyone has room to unwind. A formal lounge at the front provides a retreat, while the sunny rear family room is perfect as a second lounge or kids' zone. At the centre, the open-plan kitchen and dining area forms the heart of the home, with generous bench space, quality appliances and an eat-in peninsula.
Entertain with mountain views: Sliding glass doors open to a large, covered balcony that extends your living space year-round. With views out to the mountains, it's the perfect setting for alfresco dining, weekend barbecues or relaxed evenings with friends while the kids play on the lawn below.
Privacy for parents, space for the kids: The family-friendly floorplan places the master suite at the front of the home with a walk-in robe and ensuite, while a nearby bedroom works perfectly as a nursery or home office. Two additional bedrooms at the rear create a natural zone for kids or teens.
Comfort and solar efficiency built in: Ducted heating and cooling keep the home comfortable in every season, while a 10kW solar system paired with a 13.5kWh Tesla Powerwall 2 battery helps keep bills low by storing energy during the day for use at night, with reliable backup power during an outage.
A location to settle into: Set in a friendly neighbourhood, you'll enjoy easy access to local shops, playgrounds and nature parks all a short stroll from home. Lanyon Marketplace is just a quick drive for shopping, cafés and dining options, with a great selection of quality schools nearby. With so much on offer this home won't stay on the market long. Make your move and get in touch today!
Why you'll love it:
Four-bedroom two-bathroom family home in an elevated Banks location
Three versatile living areas including formal lounge, meals and family room
Spacious kitchen with Westinghouse oven, gas cooktop, large pantry and eat-in peninsula
Covered entertaining balcony with mountain views and space for dining and lounging
Easy-care gardens with generous lawn and private Colourbond fencing
Master bedroom with walk-in robe and ensuite; three additional bedrooms with built-ins
Family bathroom with deep bath and separate shower
10kW solar system and 13.5kWh Tesla Powerwall 2; ducted heating and cooling
Double garage with remote entry, internal access and rear access
Walking distance to schools, Lanyon Marketplace and short drive to major town centres
Living space: 176m²
Garage: 39m²
Land size: 670m²
House built: 2004
Rates: $739.50 per quarter
Land tax: $1095 per quarter (if applicable)
EER: 4 stars
Disclaimer:
Please note that while all care has been taken regarding general information and marketing information compiled for this advertisement, LJ HOOKER TUGGERANONG does not accept responsibility and disclaim all liabilities in regard to any errors or inaccuracies contained herein. Figures quoted above are approximate values based on available information. We encourage prospective parties to rely on their own investigation and in-person inspections to ensure this property meets their individual needs and circumstances.
Listing description written by Sally McCallum, LJ Hooker Tuggeranong — reproduced as published, not verified by Districts.