Banks, ACT 2906

Banks, ACT 2906

Compare Part of Unincorporated ACT

21.00 km
Distance from CBD
16 k
Population

Auction Times

Sat 30 Jan
Auction Time Agency
31 Reader Court
3 1 2 House
10:00 PM
Sat 30th Jan
Ray White
31 Reader Court
3 1 2 House
10:00 PM
Sat 30th Jan
Ray White
Median Sale Price
House
$610K
Updated on Dec 2020
2 BR
-
3 BR
$534K
4 BR
$700K
Unit
$519K
Updated on Dec 2020
1 BR
-
2 BR
-
3 BR
$516K
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
Year Median Growth Low High # Sales
2009
$400,000
0.0% $355 $800,000 105
2010
$435,000
+8.0% $250,000 $805,000 105
2011
$410,000
-6.1% $325,000 $750,000 77
2012
$449,950
+8.9% $300,000 $821,000 58
2013
$440,000
-2.3% $73,000 $920,000 84
2014
$442,000
+0.5% $315,000 $970,000 45
2015
$435,000
-1.6% $357,500 $830,000 40
2016
$435,000
0.0% $350,000 $855,000 44
2017
$542,000
+19.7% $375,000 $970,000 56
2018
$487,000
-11.3% $330,000 $875,000 53
2019
$520,000
+6.3% $383,000 $1,130,000 58
2020
$575,000
+9.6% $420,000 $885,000 63
2021
$685,000
+16.1% $572,000 $685,000 2
Median Sale Price
$575K
Based on 64 recorded sales within the last 12 months
Updated on 22 Jan 2021
Suburb Growth
+9.6%
Current Median Price: $575,000
Previous Median Price: $520,000
Based on 120 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Dec 2020)
Price Range Segments (12 months ending Dec 2020)
Median Weekly Rent Price
House
$510
Updated on Dec 2020
2 BR
-
3 BR
$510
4 BR
$660
Unit
$450
Updated on Dec 2020
1 BR
-
2 BR
-
3 BR
$450
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
Year Median Growth Low High # Rents
2011
$440
0.0% $380 $875 17
2012
$440
0.0% $230 $675 23
2013
$415
-6.0% $340 $595 47
2014
$380
-9.2% $340 $680 33
2015
$400
+5.0% $335 $680 38
2016
$435
+8.0% $370 $770 32
2017
$450
+3.3% $380 $650 38
2018
$480
+6.3% $400 $700 26
2019
$490
+2.0% $340 $750 28
2020
$510
+3.9% $340 $690 14
2021
-
- - - -
Median Rent Price
$510
per week
Based on 13 recorded rent within the last 12 months
Updated on 22 Jan 2021
Rent Price Growth
+3.9%
Current Median Rent: $510
Previous Median Rent: $490
Based on 39 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.6%
Current Median Price: $575,000
Current Median rent: $510
Based on 77 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Dec 2020)

Auction Results For Banks

Houses sold in Last 12 months ends 16 Jan 2021

$775K

Median Sale Price

77%

Clearance Rate

10/13

Sold/Reported

$1.21M

Highest Sale Price

Sold Price Range No. of Sold Properties
$1.2 M - $1.4 M 1
$800 K - $1 M 1
$600 K - $800 K
(Median Price Range)
4
$400 K - $600 K 1

Schools closest to Banks, ACT 2906

School name Address Type Sector Distance
Charles Conder Primary School TOM ROBERTS AVENUEConder 2905 Primary Government 0.52 km
St Clare of Assisi Primary School CNR BOXHILL AVENUE AND HEIDELBERG STREETConder 2906 Primary Catholic 0.72 km
Lanyon High School HEIDELBERG STREETConder 2905 Secondary Government 0.91 km
Gordon Primary School KNOKE AVENUEGordon 2906 Primary Government 1.56 km