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 › Abercrombie Circuit
3
Bedrooms
1
Bathrooms
1
Car spaces
467 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 Ray White CanberraPositioned only moments from Lanyon, this 'Southern charm' is ideal for first home buyers, growing families, or savvy investors looking to secure low-maintenance property to add to their portfolio. Situated on a quiet, family friendly street, this tidy three-bedroom home offers the perfect blend of comfort, convenience and family living.
Upon entering you'll be greeted by fresh neutral paint and an abundance of natural light. New carpet installed in 2023 leaves the home feeling fresh and ready for its new owners. Dimmable LED downlights in the living area are perfect for cosy nights at home. The well-appointed kitchen is designed to make meal preparation a pleasure, with a freestanding gas cooktop, ample pantry space and a brand-new dishwasher. Separate meals area and living room provide additional flexibility for family life. The home features three generous bedrooms, all offering roomy built-in robes for ample storage. Enjoy year-round comfort with wall mounted electric panel heaters and fans in each bedroom, and reverse cycle air conditioning. The two-way bathroom with access from the main bedroom and separate toilet is ideal for the morning hustle.
Step outside into a fully fenced yard with established trees, low-maintenance garden and outdoor entertaining space perfect for pets, kids, and gatherings. The property is complete with a roomy single space garage featuring a remote door and access onto the backyard, with additional off-street parking for a trailer or boat.
This location is great for lovers of the outdoors, with easy access to beautiful walking tracks and close proximity to Tharwa, Murrumbidgee River, and Namadgi National Park.
Moreover, this exceptional property is not only a perfect first home but also a savvy investment opportunity. The property has been tenanted at $570.00 a week but will be vacant ready for you to move in or offer to new tenants!
Features:
Three bedrooms with built in robes
Central kitchen with a gas cooktop, electric oven, dishwasher, and ample storage space
Light-filled, open plan dining plus second family area
Garage with remote-control access
Split system air conditioning and ceiling fans
Brand new hot water system
Tinted street facing windows for additional privacy
Garden shed
Expansive, fully fenced backyard with plenty of room for children and pets to play
Located in a family-friendly neighbourhood, this home is just moments from local shops, cafes, schools, nature reserves and public transport. Also nearby to this great home is Point Hut crossing, public transport, schools, Lanyon Market Place and just a short drive to Tuggeranong Hyperdome.
Stats
Block size: 467m2
Internal size: 101.46 m2 approx
Garage: 30.24m2 approx
Year built: 1992
UV: $400,000
Rates: $2766.55 per year approx
Land tax (if rented): $4772 per year approx
EER: 4
Please Note: Whilst all care has been taken by Ray White Canberra to ensure accuracy in the preparation of the particulars herein, no warranty or representation, express or implied, as to the accuracy or completeness of the particulars provided is made or given by us and interested parties must therefore rely on their own enquiries. Liability for any error, omission, negligence or misrepresentation is hereby excluded.
Listing description written by Dan Cooper, Ray White Canberra — reproduced as published, not verified by Districts.