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
$1,095,000
For sale
Asking
4
Bedrooms
2
Bathrooms
2
Car spaces
640 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
$1,095,000
Asking · $1,711/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
+20.0%
Median sale
Suburb $912,500
-0.41 pp
Gross yield
Suburb 2.42%
Suburb median $912,500 from 8 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$47,226 on top of the price (4.3% 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 2.0%. 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 Carter and Co Agents BraddonImagine coming home to this. Experience the perfect blend of modern luxury and functional family living in this expansive 240sqm residence. Set on a generous 640sqm block on the hill, this home has been masterfully designed to provide a sense of scale and comfort that is rare to find.
With three distinct living areas, there is a dedicated space for every occasion. This includes a massive, tiled open-plan central hub that flows seamlessly between the kitchen, family and meals, plus a dedicated formal lounge and dining room, along with a rumpus/media room.
The spacious central kitchen overlooks the family and meals area and extends directly out to a large covered alfresco area. It's the ultimate setup for indoor-outdoor entertaining. The kitchen features stone benchtops, gas cooktop, dishwasher and plenty of storage.
A true retreat featuring a large walk-in robe and a designer ensuite complete with a double vanity, shower, and a separate spa bathtub.
Three additional generous bedrooms all with built in wardrobes, plus a dedicated home office/study/guest room that enjoys relaxing, private courtyard views. The large main bathroom includes both a convenient shower and a separate spa bathtub. With the toilet separate for added convenience.
A double car garage with internal access and a spacious, low-maintenance 640sqm block offering plenty of room for kids and pets to play.
Benefit from the added comfort of ducted reverse cycle airconditioning and LED lighting throughout.
Whether you are hosting a summer BBQ on the alfresco or enjoying the peace of the multiple
Its location allows easy access to Banks shops and ovals and the Lanyon shopping centre.
At a glance…
• Three distinct Living Areas including an open-plan central hub
• Gourmet kitchen, equipped with stone benchtops, a gas cooktop, dishwasher, and ample storage.
• Easy Indoor-Outdoor Entertaining
• Master bedroom featuring a large walk-in robe and a luxury ensuite with a double vanity, shower, and separate bathtub.
• Flexibe floorplan with three additional bedrooms and a guestroom/study
• Large main bathroom with a separate shower and bathtub, plus a separate toilet for added convenience.
• Ducted reverse-cycle air conditioning and energy-efficient LED lighting throughout.
• Double car garage with convenient internal access.
House – 238 sqm (approx.)
Garage – 44.7 sqm (approx.)
Alfresco – 28 sqm (approx.)
Block size – 640 sqm (approx.)
Year built – 2007
EER – 5.0
Heating & Cooling: Reverse cycle ducted
Currently tenanted until 14/01/2027 @ $894.00 pw
Don't miss this fantastic opportunity-schedule a viewing today and start creating beautiful memories in your new home!
**Marketing Contract will only be provided to interested parties after a physical inspection of this property**
*Disclaimer: Carter and Co Agency and the vendor cannot warrant the accuracy of the information provided and will not accept any liability for loss or damage for any errors or misstatements in the information. Some images may be digitally enhanced and styled/furnished for illustration purposes. Images and floor plans should be treated as a guide only. Purchasers should rely on their own independent enquiries.*
Listing description written by Ally Smith, Carter and Co Agents Braddon — reproduced as published, not verified by Districts.