OFF MARKET

5/27 Paperbark Street
Banks ACT 2906

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 138m2
Land area: 6987m2
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Property Details for 5/27 Paperbark St, Banks

5/27 Paperbark St, Banks is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2004. The property has a land size of 6987m2 and floor size of 138m2. While the property is not currently for sale or for rent, it was last sold in October 2020.

Building Type
Unit
Year Built
2004
Floor Size
138m2
Land Size
6987m2
Local Government
Tuggeranong
Lot/Plan
BANKS: Block 16, Section 96, Unit 5

Last Listing description (October 2020)

Whether you're a first home buyer, investor or simply looking to downsize this new offering in Paperbark Street is sure to appeal. Beautifully presented the townhouse offers 137sqm of living including open plan living and kitchen, three good sized bedrooms, master with ensuite and walk in robe. Choose from two courtyards one at the front and the second to the rear, both private and with scope to add your own touches.

- Ducted gas heating throughout the home
- Plenty of storage with cloak cupboard and linen cupboard

- 2,600 litre rain water tank
- Low maintenance yard
- Single level, free standing
- Double garage with internal access
- Only moments away from Rob Roy Range Nature Reserve
- Walking distance to local schools, shops & bus stop at the front of the development
- General Rates: $2,909.96 per annum
- Body Corporate: $1,895.80 per annum
- Land Tax (if rented): $3,893.02 per annum

Due to Covid 19 a max of 10 people will be permitted inside. Social distancing of 1.5m 2m must be observed. Please practice good hygiene and refrain from entry if exhibiting any symptoms. We will collect the names + details of all attendees to allow for contact tracing if required.

Property History for 5/27 Paperbark St, Banks, ACT 2906

A timeline of how this property has performed in the market
Last Sold
$530,000
05 Oct 2020
  • 05 Oct 2020
    Sold for $530,000
  • 17 Jul 2020
    Listed for Sale $520,000
  • 19 Mar 2003
    Sold for $258,900

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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.