Banks, ACT 2906

Banks, ACT 2906

Compare Part of Unincorporated ACT

21.00 km
Distance from CBD
16 k
Population

Auction Times

Sat 2 Jul
Auction Time Agency
14 Forsythe Street
4 2 2 House
1:30 PM
Sat 2nd Jul
The Property Collective
Median Sale Price
House
$763K
Updated on May 2022
2 BR
-
3 BR
$717K
4 BR
$915K
Unit
$640K
Updated on May 2022
1 BR
-
2 BR
-
3 BR
$645K
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% $680,000 $1,550,000 20
Median Sale Price
$802K
Based on 46 recorded sales within the last 12 months
Updated on 30 Jun 2022
Suburb Growth
+18.3%
Current Median Price: $802,000
Previous Median Price: $655,000
Based on 102 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending May 2022)
Price Range Segments (12 months ending May 2022)
Median Weekly Rent Price
House
$588
Updated on May 2022
2 BR
$500
3 BR
$580
4 BR
$655
Unit
$600
Updated on May 2022
1 BR
-
2 BR
-
3 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
$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
$610
+11.5% $580 $660 8
Median Rent Price
$590
per week
Based on 18 recorded rent within the last 12 months
Updated on 30 Jun 2022
Rent Price Growth
+11.9%
Current Median Rent: $590
Previous Median Rent: $520
Based on 31 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.8%
Current Median Price: $802,000
Current Median rent: $590
Based on 64 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending May 2022)

Auction Results For Banks

Houses sold in Last 12 months ends 25 Jun 2022

$800K

Median Sale Price

77%

Clearance Rate

10/13

Sold/Reported

$1.15M

Highest Sale Price

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

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