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 › Perrin Circuit
3
Bedrooms
2
Bathrooms
2
Car spaces
467 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 Ray White CanberraPlease note: If not sold prior, this property will go to auction on Wednesday 30 October 2024 at 5pm, Ray White Tuggeranong, Level 1, 146 Scollay Street, Greenway.
A taste of glamorous entertaining beckons at this Banks gem where a kitchen designed for large, festive gatherings will instantly impress.
Sleek and stylish with a cleverly configured island bench-come-dining table, there's space enough to easily seat 10 people and easy access to a wine fridge and the nearby generous living room means hospitable occasions can roll on well into the evening.
In warmer months, the covered terrace and gorgeous firepit in the backyard will undoubtedly be big draws, with mellow charcoal-coloured fencing providing an appropriately moody and deliberate backdrop.
The interior décor throughout this home has also been thoughtfully considered. On-trend tones from the light-ash coloured timber-look floors in the living spaces to the warm grey palette used in the bedrooms, make a cohesive experience across the entire layout.
Three bedrooms include one currently being used as an office, and the master, which has a walk-through wardrobe and modern ensuite.
Located just 500m from Charles Conder Primary and Pre-School, a four-minute bike ride from Lanyon High School and St Clare of Assisi Primary School and five minutes' drive from Lanyon Marketplace, this home has everything covered for first homeowners and young families looking for a beautifully finished home with contemporary appeal.
Features:
• Beautifully updated family home
• Open plan living with full-height windows
• Designer kitchen with gas cooktop, wall oven, dishwasher, stone benchtops and splashback, plumbing for family sized refrigerator and separate wine fridge
• Family bathroom with waterfall faucet to bathtub, and walk-in shower
• Laundry with rear access
• Ducted reverse-cycle heating and cooling
• Ceiling fans throughout
• Covered terrace off living
• Garden solar lights
• Single carport with roller door (covered access to interiors)
• Garage with roller-door access to rear yard
• North-facing rear yard
• As-new fencing
• Easy-care gardens
Outgoings and property information (approx):
• Block: 466sqm
• Living: 122.18m2
• Garage: 43.28m2
• Rates: $2,553.64
• Land tax (if rented): $4,189.20
• Expected rent: $680-$720pw
• EER: 1.5
Listing description written by Kellie Chalker, Ray White Canberra — reproduced as published, not verified by Districts.