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.
3
Bedrooms
1
Bathrooms
1
Car spaces
703 m²
Land
112 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
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 Canberra*** Please go to https://raywhitecanberra.com.au/watch-our-auctions-live to watch the auction ***
In accordance with ACT Government health guidelines, one on one inspections for Residential property will be allowed to commence at 11.59pm on Friday, 17th September 2021. To book an appointment please contact the agent.
Banks is widely appreciated for its quiet and leafy streets, and Bick Place is a case in point. A pleasant cul de sac of only nine homes, this neighbourhood offers the perfect backdrop for family life. And best of all, it's within walking distance to Banks shops, Charles Conder primary school and an array of parks and playing fields.
This property will be auctioned online on 30th September at 12pm. Please contact the agent for further information.
Despite its location in an established suburb, this property presents like a display home thanks to its stunning renovations. Upon entering, the generous lounge room welcomes you inside with freshly painted walls and new window treatments. Light and warmth exude this space from north facing windows, whilst brand new floating floors lead through to the dining and beyond. Stone benchtops and modern appliances illuminate the kitchen, whilst the feature subway tiles add a touch of warmth and character. The kitchen shares an open plan with the family room, offering many potential uses. For everyday life, it offers a second TV area, and a shared space for the family to enjoy.
Following a complete rejuvenation of the wet areas, this bathroom is a total showstopper. A large and luxurious bathtub is the true centrepiece, complemented by matte black tapware and floor-to-ceiling subway tiles. The floating vanity features a stone counter and decorative sink, while the new shower screen continues the black detailing. The laundry features all the same design features as the bathroom with the notable addition of custom joinery; the timber benchtop and shelving add both style and practicality, with cupboards fitted above and below.
The bedrooms are bright and spacious, with fresh paint and brand new carpets. The master is generously proportioned with a built-in robe and northerly aspect.
Stepping outside, this is your typical aussie back yard - a large pergola adjoins the house, overlooking a fantastic lawn. Colourbond fences offer privacy and security, plus the ideal boundary for back yard cricket. Part of the yard is sectioned off into a veggie garden, perfect for indulging your lockdown hobbies. There's a ready made cubby house for the kids to enjoy, plus an oversized garage with secure access and miles of storage.
Summary of features:
- Year built: 1992
- EER: 4 stars
- Living space: 112.5 m2
- Garage: 34 m2
- Block: 703 m2
- Total renovation completed in 2021
- Two separate living areas
- New Westinghouse appliances and gas cooking
- Bosch stainless steel dishwasher
- Stone benchtop
- Externally vented rangehood
- LED downlights
- New flooring throughout
- Ducted gas heating
- Reverse cycle air conditioning
- Fully renovated bathroom with premium fittings
- Separate toilet
- Laundry with stylish benchtop and custom-built storage
- Large pergola for outdoor entertaining
- Colourbond fences
- Cubby house
- Garden shed
- Fenced veggie patch with raised garden beds
Listing description written by Tom Williamson, Ray White Canberra — reproduced as published, not verified by Districts.