OFF MARKET

5 Mathews Place
Banks ACT 2906

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 131m2
Land area: 564m2
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Property Details for 5 Mathews Pl, Banks

Building Type
Land
Year Built
1993
Floor Size
131m2
Land Size
564m2
Local Government
Tuggeranong
Lot/Plan
BANKS: Block 39, Section 62

Last Listing description (October 2017)

Here is a fantastic opportunity to secure an affordable well presented 3 bedroom house tucked away on a quiet street in Banks.
Offering a low maintenance lifestyle, this single level freestanding house would be an excellent first home, ideal downsizer or a smart investment purchase.
The property features open plan living & meals area with floating timber floorboards. The house has been extended with a spacious multi-purpose/rumpus room which provides a handy extra living space. You will enjoy brand new carpet to the bedrooms & hallway and the main bathroom has been well kept over the years.

The enclosed backyard offers a grassed area for the kids, colorbond fencing & great storage with 2 large garden sheds. Car accommodation is covered with a lockable double carport plus plenty of extra off-street parking.
The property is ideally located within walking distance to Charles Conder Primary school, Lanyon High school, local playing fields, public transport & only minutes to Lanyon Marketplace.
Ideal property for first home buyers
Spacious open plan living & meals area
Bonus 33m2 multi-purpose/rumpus room
Functional kitchen with gas cooking & dishwasher
Spilt system air conditioning + gas wall heating
Floating timber floorboards to living area
Brand new carpet to all bedrooms & hallway
Gas hot water
Double carport with lockable gates & extra off-street parking
Low maintenance 564m2 block on a peaceful street
Be quick this property won t last long on the market, call for a private inspection today.

Property History for 5 Mathews Pl, Banks, ACT 2906

A timeline of how this property has performed in the market
Last Sold
$450,000
08 Sep 2017
Listed for Rent
$410/w
22 Mar 2013
  • 03 Sep 2024
    Sold for $739,000
  • 08 Sep 2017
    Sold for $450,000
  • 15 Aug 2017
    Listed for Sale $435,000+
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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 1,915 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.