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 › Olive Pink Cres
$1,060,000
Last sold
23 July 2026
4
Bedrooms
2
Bathrooms
4
Car spaces
692 m²
Land
228.77 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
$1,060,000
23 July 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
+16.2%
Median sale
Suburb $912,500
-0.34 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 MARQ PropertyA rare chance to get into a tightly held central pocket. This split-level family home sits on a quiet street with a northerly aspect, mountain views, and a low-maintenance garden that catches the sun all day.
Four bedrooms, all well-sized. The master is segregated for privacy with its own ensuite, and the remaining three have built-in robes. There's a large formal lounge and dining area for entertaining, plus a family room that flows off the kitchen out to a paved outdoor area - easy indoor-outdoor living.
The double garage has internal access and connects straight through to the back garden. City-bound buses and parklands are a short walk from the front door.
A comfortable, flexible home in a location people don't often get the chance to buy into.
Key stats:
• House size: 228.77m2
• Living area: 189.27m2
• Garage: 39.50m2
• Carport: 36m2
• Block size: 692m2
• EER: 5.0
• Rates: $3,165 p/a
• Land Tax: $5,663 p/a
• Rental Appraisal: $690-$720 p/w
Additional features:
• Four bedrooms, all with built-in wardrobes
• Segregated master with ensuite
• Bright interiors with a choice of living zones - designated formal lounge and dining, plus a separate family room
• Spacious modern kitchen with stainless steel appliances, gas cooktop, electric oven, dishwasher, corner pantry and breakfast bar
• Quality flooring to living areas, new carpet to bedrooms
• Ducted gas heating throughout
• Split system air conditioning to family and formal living areas
• Ceiling fans
• Solar panels
• Covered outdoor deck with mountain views
• Double garage with internal access, plus double carport
• Well-presented and ready to move straight into
• Easy access to schools, local shops and parklands
Listing description written by Vince Pinneri, MARQ Property — reproduced as published, not verified by Districts.