OFF MARKET

54 Paperbark Street
Banks ACT 2906

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1293m2
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Property Details for 54 Paperbark St, Banks

54 Paperbark St, Banks is a 0 bedroom, 0 bathroom House. The property has a land size of 1293m2. While the property is not currently for sale or for rent, it was last sold in November 2019.

Building Type
House
Land Size
1293m2
Local Government
Tuggeranong
Lot/Plan
BANKS: Block 14, Section 65

Last Listing description (April 2020)

We are please to offer to the market for sale by auction, 54 Paperbark Street, Banks.

Looking at building your dream home on a massive 1,293m2 block in an established area? This is a rare vacant site in the popular Tuggeranong suburb of Banks. Surrounded by lovely family homes and located close to Conder and Tuggeranong Shops, local primary schools, and play grounds, this block is an opportunity not to be missed.

The owners instructions are clear, this property must be sold come auction.

The owners plans have changed, presenting a great opportunity to complete a build in an established area. Plans and certification of works done to date are available on request.

Contact Brad O'Mara on 0402 343 771 for further details.

Property History for 54 Paperbark St, Banks, ACT 2906

A timeline of how this property has performed in the market
Last Sold
$400,000
16 Nov 2019
  • 16 Nov 2019
    Sold for $400,000
  • 21 Oct 2019
    Listed for Sale Auction
  • 09 Aug 2002
    Sold for $127,000

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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 1,920 properties. Over the last 5 years, Houses in Banks have seen a 47.71% increase in median value, while Units have seen a 56.92% increase. As at 30 September 2024:

  • The median value for Houses in Banks is $828,833 while the median value for Units is $632,067.
  • Houses have a median rent of $610 while Units have a median rent of $560.
There are currently 9 properties listed for sale, and 4 properties listed for rent in Banks on OnTheHouse. According to CoreLogic's data, 55 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.