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
468 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 LJ Hooker TuggeranongEverything you need for your first family home is right here in this affordable package. Tailor
made for first time buyers, this starter home is perfectly maintained and packed with family friendly features including open plan living, three good sized bedrooms and a big backyard. There's nothing to do but move in, sit back and relax.
Landscaped front gardens lead you to the open plan living and dining area flowing through the centre of the home. Neutral d�cor and floor length windows create a light and bright living space complemented by a well-maintained kitchen and separate laundry. Down the hall you'll find three good-sized bedrooms and a well-kept family bathroom with separate bath and shower.
The living area opens onto the impressive backyard, filled with mature trees, blooming shrubs and veggie patch, creating a sustainable lifestyle that's kind on the wallet. Make the most of the paved entertaining space perfect for family barbecues, or let your imagination run wild and create your dream entertaining deck on this flat and versatile block. An oversized single garage with tons of storage space and plenty of off-street parking top off the outdoor appeal.
Nestled in the family friendly suburb of Banks, you're minutes' walk from local shops, schools
and playgrounds with a bus stop right around the corner. There's also fast access to the Monaro highway into the city, as well as all the convenience of nearby SouthPoint shopping centre with its retail, entertainment and dining options. First home buyers or downsizers seeking a low-maintenance property won't want to miss this opportunity. Get in quick to secure this affordable property today!
� Perfectly maintained 3 Bedroom, 1 Bathroom family home
� Ideal for first home buyers, downsizers or investors
� Open plan living and dining area
� Practical kitchen with electric oven and cooktop
� Landscaped front garden with easy care back garden filled with mature trees and shrubs
� Paved entertaining area � perfect for alfresco dining
� Three bedrooms, two with built-in robes
� Pristine family bathroom with separate bath and shower
� Gas heating to living room and solar hot water
� Separate laundry with additional storage
� Oversized single garage with room for storage and secure additional off-street parking
� Short walk to Charles Conder Primary School & Pre-School
� Conveniently located near shops, ovals and public transport
� EER: 4 Stars
Disclaimer:
Please note that while all care has been taken regarding general information and marketing information compiled for this advertisement, LJ HOOKER TUGGERANONG does not accept responsibility and disclaim all liabilities in regard to any errors or inaccuracies contained herein. Figures quoted above are approximate values based on available information. We encourage prospective parties to rely on their own investigation and in-person inspections to ensure this property meets their individual needs and circumstances.
Listing description written by Patrick Kinnane, LJ Hooker Tuggeranong — reproduced as published, not verified by Districts.