OFF MARKET

2 Wilson Crescent
Banks ACT 2906

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 93m2
Land area: 639m2
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Property Details for 2 Wilson Cres, Banks

Building Type
Land
Year Built
1992
Floor Size
93m2
Land Size
639m2
Local Government
Tuggeranong
Lot/Plan
BANKS: Block 8, Section 57

Last Listing description (November 2021)

* We can now welcome you through an open home based on the 1 person per 2sqm rule. Physical distancing must still be observed and hygiene measures will still be in place, including the use of masks, hand sanitiser and the Check In CBR app. Please be patient if inspections are busy and maintain at least 1.5m while waiting.

If you are looking for an investment with amazing potential in a great location then this home has to be first on your "virtual walk through" list. Positioned on a corner block with side access, 2 Wilson Crescent is set amongst established gardens and only a short walk to bus stops, the local Banks shops, the Beau and Jessie Playground, schools and ovals.

Inside reveals a central family area with large windows allowing natural light to warmly illuminate day round, while rear garden views fill the meals and kitchen. The kitchen is well equipped with stainless steel appliances, a breakfast bar, and a liberal pantry.

Of the three comfortable bedrooms, two contain an abundance of storage with built-in robes and all boasting plenty of natural light. The shared family bathroom has everything a busy family needs and also has direct access to the main bedroom. A laundry with outside access completes the internal floor plan.

Outdoors, a covered concrete alfresco and surrounding low maintenance gardens, offer a private and tranquil space to enjoy the outdoors and entertain and a sizeable storage shed provides a secure space to stow your valuables. Double side gate access to a single car port, accommodates your vehicle.

All this is complemented by a gas wall heater in the dining area, a split system in the lounge, and ceiling fans in the lounge and main bedroom.

The property is currently tenanted under a fixed term lease until 30/03/2022 at $500 per week (no need to advertise for tenants), allowing time to plan alterations and renovations if desired, obtain some much welcomed tax benefits, an/or maintain as an investment property.

So if you are a savvy investor seeking generous returns, then your search will most certainly end right here!

EER 3.5

Why this property is solely for you:

* Well presented three bedroom home found in the heart of Banks on a prime corner block, just a short walk to bus stops, the local Banks shops, the Beau and Jessie Playground, schools and ovals.

* Currently tenanted on a fixed term lease until 30/03/2022 at $500p/w

* Floor plan provides a functional living arrangement

* Large paved space extends from the front entrance and provides an additional space to entertain, relax and or soak in the sunshine

* Open-plan design internally with a dining space extending from the kitchen and all areas enjoying a vantage to the outdoor domain

* Efficient kitchen places a focus on practicality with lots of storage options, a breakfast bar, and stainless steel appliances

* Master and second bedroom offer built-in robes

* The central bathroom is well appointed with a single vanity, shower and separate bath tub

* A separate laundry and a separate toilet add to the functional appeal of the property

* Comfort is maintained by a gas wall heater in the dining area, a split system in the lounge, and ceiling fans in the lounge and main bedroom

* The fully fenced backyard features a pergola covered outdoor entertaining area, two sheds and a grass patch for the kids and/or pets to play

* Single carport behind gates

* House size (approximately): Residence - 96.83m2

Property History for 2 Wilson Cres, Banks, ACT 2906

A timeline of how this property has performed in the market
Last Sold
$730,000
16 Nov 2021
Listed for Rent
$380/w
27 Oct 2015
  • 16 Nov 2021
    Sold for $730,000
  • 07 Oct 2021
    Listed for Sale $675,000+
  • 09 Sep 2015
    Listed for Rent $380 / week
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About Banks 2906

The size of Banks is approximately 2.3 square kilometres. It has 8 parks covering nearly 13.3% of total area. The population of Banks in 2011 was 5,060 people. By 2016 the population was 4,966 showing a population decline of 1.9% in the area during that time. The predominant age group in Banks is 0-9 years. Households in Banks are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Banks work in a clerical occupation. In 2011, 79.3% of the homes in Banks were owner-occupied compared with 78.1% in 2016.

Banks has 1,917 properties. Over the last 5 years, Houses in Banks have seen a 45.54% increase in median value, while Units have seen a 63.93% increase. As at 31 October 2024:

  • The median value for Houses in Banks is $811,722 while the median value for Units is $668,507.
  • Houses have a median rent of $615 while Units have a median rent of $560.
There are currently 6 properties listed for sale, and 1 property listed for rent in Banks on OnTheHouse. According to CoreLogic's data, 57 properties were sold in the past 12 months in Banks.

Suburb Insights for Banks 2906

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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.