Banks, ACT 2906

Banks, ACT 2906

Compare Part of Unincorporated ACT

21.00 km
Distance from CBD
16 k
Population

Auction Times

Sat 10 Dec
Auction Time Agency
55 Perrin Circuit
3 1 2 House
1:30 PM
Sat 10th Dec
Ray White
Median Sale Price
House
-
Updated on Oct 2022
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Oct 2022
1 BR
-
2 BR
-
3 BR
-
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 $877,000 105
2011
$412,000
-5.6% $325,000 $750,000 77
2012
$449,950
+8.4% $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
$527,500
+7.7% $383,000 $1,130,000 58
2020
$590,000
+10.6% $420,000 $1,187,500 63
2021
$755,000
+21.9% $485,000 $1,470,000 48
2022
$855,000
+11.7% $630,000 $1,550,000 41
Median Sale Price
$855K
Based on 47 recorded sales within the last 12 months
Updated on 2 Dec 2022
Suburb Growth
+12.3%
Current Median Price: $855,000
Previous Median Price: $750,000
Based on 97 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Nov 2022)
Price Range Segments (12 months ending Nov 2022)
Median Weekly Rent Price
House
-
Updated on Oct 2022
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Oct 2022
1 BR
-
2 BR
-
3 BR
-
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
$485
+7.2% $400 $700 26
2019
$490
+1.0% $340 $750 28
2020
$510
+3.9% $340 $690 14
2021
$540
+5.6% $470 $1,000 15
2022
$600
+10.0% $520 $750 21
Median Rent Price
$600
per week
Based on 24 recorded rent within the last 12 months
Updated on 2 Dec 2022
Rent Price Growth
+10.0%
Current Median Rent: $600
Previous Median Rent: $540
Based on 38 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.6%
Current Median Price: $855,000
Current Median rent: $600
Based on 71 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Nov 2022)

Auction Results For Banks

Houses sold in Last 12 months ends 26 Nov 2022

$985K

Median Sale Price

77%

Clearance Rate

10/13

Sold/Reported

$1.24M

Highest Sale Price

Sold Price Range No. of Sold Properties
$1.2 M - $1.4 M 3
$1 M - $1.2 M 1
$800 K - $1 M
(Median Price Range)
3
$600 K - $800 K 2

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