Banks, ACT 2906
Compare Part of Unincorporated ACT
21.00 km
Distance from Canberra CBD
16 k
Population
Auction Times
Thu 28 Nov | Auction Time | Agency | |
|---|---|---|---|
 | 15/6 Kettlewell Crescent 3 2 2 House | 5:30 PM Thu 28th Nov | The Property Collective |
Median Sale Price
House
-
Updated on Sep 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Sep 2024
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 | $940,000 | 105 |
| 2010 | $439,950 | +9.1% | $250,000 | $877,000 | 105 |
| 2011 | $415,000 | -6.0% | $325,000 | $750,000 | 77 |
| 2012 | $450,000 | +7.8% | $300,000 | $855,000 | 58 |
| 2013 | $440,500 | -2.2% | $73,000 | $920,000 | 84 |
| 2014 | $442,000 | +0.3% | $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 | $840,000 | +10.1% | $612,000 | $1,550,000 | 44 |
| 2023 | $740,000 | -13.5% | $610,000 | $1,190,000 | 36 |
| 2024 | $750,000 | +1.3% | $651,000 | $1,600,000 | 34 |
Median Sale Price
$750K
Based on 39 recorded sales within the last 12 months
Updated on 21 Nov 2024
Suburb Growth
+0.7%
Current Median Price: $750,000
Previous Median Price: $745,000
Based on 73 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Oct 2024)
Price Range Segments (12 months ending Oct 2024)
Median Weekly Rent Price
House
-
Updated on Sep 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Sep 2024
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 | $670 | 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 | 23 |
| 2023 | $590 | -1.7% | $505 | $1,200 | 30 |
| 2024 | $625 | +5.6% | $470 | $1,200 | 26 |
Median Rent Price
$625
per week
Based on 29 recorded rent within the last 12 months
Updated on 21 Nov 2024
Rent Price Growth
+5.6%
Current Median Rent: $625
Previous Median Rent: $590
Based on 58 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.3%
Current Median Price: $750,000
Current Median rent: $625
Based on 68 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Oct 2024)
Auction Results For Banks
Houses sold in Last 12 months ends 16 Nov 2024
$990K
Median Sale Price
60%
Clearance Rate
6/10
Sold/Reported
$990K
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $800 K - $1 M (Median Price Range) | 2 | |
| $600 K - $800 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 |