Banks, ACT 2906
Compare Part of Unincorporated ACT
21.00 km
Distance from Canberra CBD
16 k
Population
Auction Times
Sat 26 Jun | Auction Time | Agency | |
|---|---|---|---|
 | 15/35 Brockway Circuit 3 2 2 House | 10:00 AM Sat 26th Jun | Ray White |
| 15/35 Brockway Circuit 3 2 2 House | 10:00 AM Sat 26th Jun | Ray White |
Median Sale Price
House
$640K
Updated on Apr 2021
2 BR - | 3 BR $545K | 4 BR $776K |
Unit
$525K
Updated on Apr 2021
1 BR - | 2 BR - | 3 BR $525K |
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 | $590,000 | +11.9% | $420,000 | $1,187,500 | 63 |
| 2021 | $670,000 | +11.9% | $525,000 | $1,376,500 | 21 |
Median Sale Price
$651K
Based on 56 recorded sales within the last 12 months
Updated on 21 Jun 2021
Suburb Growth
+19.6%
Current Median Price: $650,500
Previous Median Price: $523,000
Based on 121 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending May 2021)
Price Range Segments (12 months ending May 2021)
Median Weekly Rent Price
House
$520
Updated on May 2021
2 BR - | 3 BR $520 | 4 BR $690 |
Unit
$520
Updated on May 2021
2 BR - | 3 BR $480 | 4 BR $600 |
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 | $520 | +1.9% | $500 | $540 | 5 |
Median Rent Price
$520
per week
Based on 13 recorded rent within the last 12 months
Updated on 21 Jun 2021
Rent Price Growth
+4.8%
Current Median Rent: $520
Previous Median Rent: $495
Based on 38 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.2%
Current Median Price: $650,500
Current Median rent: $520
Based on 69 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending May 2021)
Auction Results For Banks
Houses sold in Last 12 months ends 19 Jun 2021
$775K
Median Sale Price
79%
Clearance Rate
11/14
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) | 5 | |
| $400 K - $600 K | 1 | |
Similar Suburbs to Banks 2906
Based on median house sale price sold in last 12 months
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 |