FOR SALE
AUCTION: Forthcoming auction

5 Banks Street
Yarralumla ACT 2600

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 252m2
Land area: 616m2
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Resort Style living in The Heart of Yarralumla

Auction Location: On Site
A stunning residence recently renovated with premium fixtures and finishes, nestled on a tree-lined street in Yarralumla. This meticulously designed home offers a sophisticated and relaxed lifestyle, recently transformed to showcase contemporary elegance. Oriented to capture the northern sun, the residence bathes in abundant natural illumination throughout the day. Encompassing a substantial 253 square meters on a single level, this four-bedroom, two-bathroom home represents the quintessential Yarralumla experience, seamlessly blending modern refinement, space, style, and convenience.
An impressive entryway reveals a sweeping formal living area and family space, distinguished by bespoke built-in cabinetry that elevates both utility and visual aesthetics. At the home's core, an impressive open-plan kitchen and dining area boasting quality appliances and ample storage space, creating a seamless culinary and social environment. The thoughtful layout allows for seamless flow between the kitchen, dining, and living areas.
Four generously proportioned bedrooms feature built-in robes, ensuring ample storage for the entire family. While main bedroom is a true retreat, with a luxurious ensuite and a spacious walk-in wardrobe. The fully tiled main bathroom provides a spa-like retreat, featuring an oversized shower and deep soaking bath that promises ultimate relaxation and rejuvenation.
The electrically operated pergola extends the living environment, offering year-round indoor-outdoor entertaining possibilities that adapt to every season, blurring the lines between interior comfort and exterior elegance. The low-maintenance garden is a haven of tranquillity, complemented by secure fencing that ensures complete privacy. With a double garage featuring remote control and internal access, convenience is never compromised.
Advanced ducted heating and cooling systems ensure consistent comfort across all seasons, keeping the home perfectly temperate throughout the year. Thoughtfully planned storage solutions, particularly in the generously proportioned laundry, mean that organization and space management are effortlessly addressed.
EER: 5
Land Size: 616sqm (approx.)
Rates: $1,910.00 per quarter (approx.)
Land Tax: $4255.8 per quarter (approx.)
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Property Details for 5 Banks St, Yarralumla

5 Banks St, Yarralumla is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 616m2 and floor size of 252m2. The place is currently for sale with LJ Hooker Manuka.

Building Type
House
Floor Size
252m2
Land Size
616m2

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About Yarralumla 2600

The size of Yarralumla is approximately 8.8 square kilometres. It has 17 parks covering nearly 41.8% of total area. The population of Yarralumla in 2011 was 2,921 people. By 2016 the population was 2,895 showing a population decline of 0.9% in the area during that time. The predominant age group in Yarralumla is 60-69 years. Households in Yarralumla are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Yarralumla work in a professional occupation. In 2011, 71.3% of the homes in Yarralumla were owner-occupied compared with 71.6% in 2016.

Yarralumla has 1,598 properties. Over the last 5 years, Houses in Yarralumla have seen a 34.31% increase in median value, while Units have seen a 29.91% increase. As at 30 November 2024:

  • The median value for Houses in Yarralumla is $2,020,061 while the median value for Units is $1,345,134.
  • Houses have a median rent of $900 while Units have a median rent of $598.
There are currently 7 properties listed for sale, and 4 properties listed for rent in Yarralumla on OnTheHouse. According to CoreLogic's data, 65 properties were sold in the past 12 months in Yarralumla.

Suburb Insights for Yarralumla 2600

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Stephen Thompson
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LJ Hooker Manuka
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.