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 › Wheelwright Cres
$730,000
Last sold
7 Aug 2026
3
Bedrooms
1
Bathrooms
1
Car spaces
481 m²
Land
127 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
$730,000
7 Aug 2026 · 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
-20.0%
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
UnknownArea
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 PropertiesTidy, functional and full of potential, this delightful three-bedroom home is on the market now. With flexibility to grow with your family over the years, it is sure to appeal to a variety of buyers, from those just starting their home buyer journey, to those downsizing or seeking to grow their investment portfolio. Offering simplified living, the home has been well maintained and is move in ready, with plenty of scope to add your own touches and modernise to your liking.
Upon entry, you are welcomed into a formal entrance way that connects seamlessly to the homes living spaces. A large, segregated lounge room provides the perfect setting for family relaxation, with carpet flooring and large, North facing windows that flood the space with natural light.
The kitchen and bathroom are both neat and practical, with potential to add value through modernisation if you choose. The kitchen is well equipped, with good storage, including a pantry, a gas cooktop, dishwasher and a breakfast bar that overlooks the adjoining dining area. Durable tiled flooring provides a practical, low maintenance surface while a sliding glass door creates effortless indoor-outdoor flow.
The three bedrooms all include built-in robes, with a lovely outlook from the master towards the backyard. The bathroom provides an efficient design with a shower, vanity, and bathtub plus a separate toilet for the convenience of busy families. Additional convenience includes a linen cupboard in the hallway plus a separate laundry with direct access outside.
The backyard is tidy and low maintenance with lawn space for kids and pets to enjoy, a garden shed and established greenery that promotes privacy. Out the front, the home boasts a lovely first impression, with simplified landscaping, additional off-street parking and a single garage with internal access. The home is located in a quiet, cul-de-sac street with quick access to arterial roads, local schools and Lanyon Marketplace. It is an easy drive into Tuggeranong, Woden and the City with public transport links available close by.
• Neat and tidy three-bedroom home
• Large, separate, light-filled lounge
• Dining with direct access outside
• Kitchen with gas cooktop, dishwasher
• Three bedrooms with built-in robes
• Gas wall furnace, neutral decor
• Tidy, easy-care backyard, garden shed
• Single garage with internal access
• Close to schools, Lanyon Marketplace
Living Size: 106.4 sqm
Garage Size: 21.07 sqm
Rates: $2,800 p.a. (approx)
Land Tax: $4,634 p.a. (approx)
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.
Nearby 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.