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 › Forsythe St
$1,080,000
Last sold
6 Feb 2026
4
Bedrooms
2
Bathrooms
4
Car spaces
795 m²
Land
273 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
$1,080,000
6 Feb 2026 · derived via latest_sale
Local land rate: recorded House sales in Banks (last 5 years) with land size have a median of $1,490/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
+18.4%
Median sale
Suburb $912,500
-0.38 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 LJ Hooker TuggeranongProudly offered by the original owner, this expansive 4-bedroom plus study home offers a rare combination of generous internal space, mountain views, and an impressive 4-car garage - perfect for car enthusiasts, hobbyists or those needing extra storage.
Designed around a central courtyard, the home's U-shaped layout provides a wonderful sense of flow and connection between the three separate living areas, while maintaining privacy for each zone. The versatile floorplan allows flexibility for changing needs - one of the living areas could easily be adapted as a fifth bedroom, guest retreat or media room.
With in-slab heating, downlights, and floor-to-ceiling windows that capture the natural light, this is a home built for both comfort and style. The large kitchen and two dining spaces make it ideal for families who love to entertain. The front of the home enjoys a desirable north-eastern aspect, with a partial wraparound deck taking in sweeping views of the mountains. The master bedroom is oversized, featuring an ornate ceiling fan and ample wardrobe space.
A smaller backyard means less maintenance, making this a fantastic opportunity for those seeking plenty of living space without the upkeep of a large garden.
Additional highlights include:
• Approx. 273m² of living space on one level
• 63m² four-car garage with internal access
• In-slab heating throughout
• Three spacious living areas plus study
• Versatile layout - one living area suitable as a fifth bedroom or retreat
• Central courtyard for light and privacy
• Double front doors and welcoming entryway
• Two dining areas, perfect for entertaining
• Partial wraparound deck with mountain outlooks
• North-east aspect to the front of the home
Homes of this size and quality are rarely offered in this pocket of Banks - don't miss the chance to make it your own.
Property Details
• Living: 273m²
• Garage: 63m²
• Block: 794m²
• Rates: $3058.64 p/a
• Land Tax: $4583 p/a (if applicable)
• EER 1 star
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 Sally McCallum, LJ Hooker Tuggeranong — reproduced as published, not verified by Districts.
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