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 › Wilhelmi Cres
$794,000
Last sold
28 Aug 2021
3
Bedrooms
2
Bathrooms
2
Car spaces
575 m²
Land
125 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
$794,000
28 Aug 2021 · derived via latest_sale
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
-13.0%
Median sale
Suburb $912,500
+0.36 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
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 McCann Properties* Auction is scheduled for Saturday 28th August at 10am online, please get in touch with Mark McCann on 0423 900 640 if you are an interested party and wish to participate as an active bidder *
Just moments from Lanyon Marketplace and within walking distance to the local Primary and High School, this tidy home is family friendly and very low maintenance. With three bedrooms, two bathrooms, multiple living areas and great inclusions, this home is sure to suit a variety of buyers from savvy investors to first home buyers looking for a family home that will grow with them.
Entering the home, the first thing you will notice is the space provided via a variety of separate living areas. The formal lounge is warm and welcoming with a feature bay window and timber look floors that flow through to the adjoining formal dining space. There is a reverse cycle unit here, French doors leading outside and easy access through to the central kitchen.
The kitchen features a great, practical layout, with plenty of storage, including a pantry, electric cooking, a dishwasher and a skylight that floods the space with natural light. The adjoining family room is a great space for kids to play, so you can supervise homework, or simply chat and catch up on the day with your loved ones. As an added bonus, a huge sunroom is provided, a perfect space to spread out with hobbies, game tables or even a home gym.
The home features ducted gas heating, an essential inclusion during Canberra's colder months. The three bedrooms are all a great size and include built in robes. The master bedroom provides an ensuite, ceiling fan and a bay window with clever, built in storage. For those who need some further pampering, the family bathroom has been updated with a luxurious, full sized, spa bath.
For those who love to entertain, the home features a covered pergola, perfect for all weather alfresco dining. The yard is very private, fully enclosed with Colorbond fencing and features level lawn space and established, low maintenance greenery. There is a double garage with one remote door and plenty of additional, off street parking available in the driveway.
• Low maintenance, three bedroom, ensuite home
• Central kitchen with ample storage, dishwasher
• Lounge, dining room, family room and sunroom
• Three good sized bedrooms with built in robes
• Ducted gas heating, reverse cycle unit in dining
• Semi-enclosed, covered entertaining area
• Double garage, additional off-street parking
• Close to shops, walk to Primary and High School
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.