OFF MARKET

55 Reader Court
Banks ACT 2906

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 101m2
Land area: 366m2
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Property Details for 55 Reader Ct, Banks

55 Reader Ct, Banks is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1992. The property has a land size of 366m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in November 2023.

Building Type
House
Year Built
1992
Floor Size
101m2
Land Size
366m2
Local Government
Tuggeranong
Lot/Plan
BANKS: Block 17, Section 31

Last Listing description (November 2023)

Located at the end of a quiet cul-de-sac and backing onto Banks Oval 55 Reader Court Banks

Enjoy the warmth and comfort of a home that's been freshly carpeted and painted throughout, a blank canvas ready for your personal touch.

The open-plan living room is the heart of the home and leads out to the fully fenced backyard with a separate pergola and gazebo. The backyard is the perfect space for family living and a keen gardener could turn this into their own oasis.

Whether you're taking your first step onto the property ladder, downsizing to a more manageable space, or seeking a smart investment opportunity, 55 Reader Court Banks has something for everyone.

Features

New carpet and painted throughout
Open plan living
Central kitchen with electric stove
3 bedrooms, two with built-in robes
Family bathroom and separate toilet
Split System heating/cooling in the lounge
Shutters on the majority of windows
Solar panels
Separate pergola and Gazebo
Fully fenced backyard
Carport with automatic door
400metres to public transport
1.6kms to Conder Primary School
1.8kms to Lanyon Marketplace

Living size: 93m2
Land size: 366m2
Year built: 1993
EER: 5

Rates: $2,380 (2023)
Land Tax: $3,579 (2023)
UV: $383,000 (2023)
Rental Estimate: $490 to $520pw

Property History for 55 Reader Ct, Banks, ACT 2906

A timeline of how this property has performed in the market
Last Sold
$662,500
15 Nov 2023
  • 15 Nov 2023
    Sold for $662,500
  • 12 Oct 2023
    Listed for Sale $659,999+
  • 15 Feb 2023
    Transferred
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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 1,916 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.