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 › House Circuit
$729,500
Last sold
10 July 2024
3
Bedrooms
1
Bathrooms
1
Car spaces
467 m²
Land
93 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
$729,500
10 July 2024 · derived via latest_sale
Local land rate: recorded House sales in Banks (last 5 years) with land size have a median of $1,476/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
-20.1%
Median sale
Suburb $912,500
+0.60 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 McCann PropertiesWelcome to 31 House Circuit, a move-in ready home perfect for a young family. Offering fresh, modern interiors and equally impressive exteriors, this home is certain to delight and surprise. With three bedrooms, updated living spaces and a level backyard adorned with veggie beds, fruit trees and plenty of space for the kids, you will simply fall in love with your new home.
Freshly painted, the home enjoys a neat, modern decor with timeless finishes and a neutral colour palette. The updated kitchen provides ample storage with manufactured stone bench tops and quality Bosch appliances including a gas cooktop and dishwasher. The kitchen overlooks the adjoining family area and there is a separate lounge room for your convenience with a wall of built in shelving that is both stylish and practical.
Tiled flooring flows through the home, including in each of the three bedrooms, two of which include built in robes. This creates a hard-wearing surface that is easy to clean and both pet and allergy friendly. Storage is plentiful, the laundry is updated, and the family bathroom is truly luxurious, with floor to ceiling tiles and an oversized shower.
The home is carefully positioned on the block to take advantage of the North-facing backyard. As a result, the kitchen, family room, bathroom and third bedroom are sun soaked and full of natural light, sure to brighten your day and keep you naturally toasty warm during the cooler months. The home also enjoys the addition of ducted gas heating and ducted air conditioning for year-round comfort with the added bonus of a 4.44kw solar system to assist with rising energy costs.
Outside, the generous yard has been landscaped to be both productive and enjoyable with a large paved entertaining area and pergola that overlooks the level lawn space. There are a variety of raised veggie beds, established fruit trees and a chook pen ideal for those seeking to be self-sufficient, plus plenty to keep the kids entertained with a cubby house and even a sandpit.
The home can be found in a family friendly neighbourhood, close to the local oval, schools and Lanyon Marketplace. There are public transport links available, and it is a direct route into Tuggeranong and the City.
• Freshly painted, modern three-bedroom home
• Updated kitchen with quality Bosch appliances
• Luxurious bathroom and updated laundry
• Ducted gas heating, ducted A/C, solar system
• Large entertaining area, kids' sandpit and cubby
• Raised veggie beds, fruit trees, chook pen
• Single carport, additional off-street parking
• Friendly neighbourhood, close to schools & shops
The information contained above is believed to be correct at time of advertising however, we take no responsibility for the accuracy of this information and prospective purchasers are advised to rely on their own research.
Listing description written by Mark McCann, McCann Properties — reproduced as published, not verified by Districts.