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Sold on 05 Sep 2024 - Price Unavailable

3 Ironbark Crescent
Banks ACT 2906

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 765m2
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Property Details for 3 Ironbark Cres, Banks

3 Ironbark Cres, Banks is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 765m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 3 bedroom House sold in Banks in the last 12 months.

Building Type
House
Land Size
765m2
Local Government
Tuggeranong
Lot/Plan
BANKS: Block 28, Section 17

Last Listing description (September 2024)

Here's your chance to secure a rare bargain in the property market! This very run-down three-bedroom house, set on a generous block of land, offers immense potential for those with a vision and a knack for renovation. If you're a savvy investor or a DIY enthusiast looking for your next project, this property is the perfect canvas to create your dream home or a lucrative investment.

While the house is currently in very poor condition, its large block of land provides endless possibilities for transformation. The spacious layout includes three bedrooms, offering a solid foundation to build upon. The potential to redesign and renovate this home to suit your tastes and needs is limitless, making it an ideal project for those willing to invest time and effort.

Located in a well-established neighborhood, this property is close to local amenities, schools, and public transport, adding to its appeal. The large backyard provides ample space for extensions, landscaping, or creating an outdoor oasis, further enhancing the property's value.

Don't miss out on this rare opportunity to acquire a property with so much potential at a bargain price. With the right vision and renovations, this run-down house can be transformed into a stunning home or a profitable investment. Contact us today to schedule a viewing and explore the possibilities that this property holds.

- This property is to be sold "as is"

- We cannot guarantee working order of the appliances - power to the property has been disconnected

- New carpet throughout

- Large block of Land in a lovely quiet location -765m2 (approximately)

- UCV - $439,000

- Rates - $2601 per annum (approximately)

- Block 28, Section 17

Take advantage of this unique opportunity to turn a fixer-upper into your dream home or a valuable investment. Act fast-properties with this much potential don't stay on the market for long.

Property History for 3 Ironbark Cres, Banks, ACT 2906

A timeline of how this property has performed in the market
Last Sold
05 Sep 2024
  • 05 Sep 2024
    Sold for $651,000
  • 26 Jun 2024
    Listed for Sale $645,000
  • 27 Feb 2001
    Sold for $136,000
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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 1,918 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 7 properties listed for sale, and 1 property listed for rent in Banks on OnTheHouse. According to CoreLogic's data, 56 properties were sold in the past 12 months in Banks.

Suburb Insights for Banks 2906

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Dan Cooper
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Ray White Canberra
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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.