OFF MARKET

62 Paperbark Street
Banks ACT 2906

Bedrooms: 5
Bathrooms: 4
Car spaces: 3
Floor area: 313m2
Land area: 857m2
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Property Details for 62 Paperbark St, Banks

62 Paperbark St, Banks is a 5 bedroom, 4 bathroom House with 3 parking spaces and was built in 1992. The property has a land size of 857m2 and floor size of 313m2. While the property is not currently for sale or for rent, it was last sold in October 2016.

Building Type
House
Year Built
1992
Floor Size
313m2
Land Size
857m2
Local Government
Tuggeranong
Lot/Plan
BANKS: Block 44, Section 64

Last Listing description (October 2016)

Do reward yourself with viewing this property if you are in the market for a large home with comfortable potential for multi - generational living. First time offered to the market and located in the Dress circle location of Banks you will not be disappointed. With our rapidly changing demographics these homes do not appear on the market often, so do not delay the inspection too long.
The 5 bedroom property is impressive with its size and the amount of natural light that floods the home. All the rooms are of very generous proportions and equally endowed with plenty of storage. The main suite is segregated from the other bedrooms and has a walk in robe as well. The ensuite here boasts a double shower which would be great for your 'Love' life or if you happen to need a disability chair. (Please note that all the doors are wider than average just for that purpose.)
If you happen to love entertaining the home is just perfectly designed for that purpose. The very large living area and separate dining room is most impressive. If that fails to impress the kitchen and the family room with a contiguous terrace off it will. If everything else fails the views surely will demand and enjoy your attention.

Downstairs you find a bedroom with its own ensuite and walk in robe. There is also an area off the rumpus room which can be used as a bedroom with a walk in robe and another ensuite. In between, there is a substantial open plan living with a kitchenette. You also have the luxury of an area where you find a laundry sink and outside, you also have your own washing line. A separate access, allowing for privacy is also an attractive convenience. This zone of the house looks out on to the backyard where numerous fruit trees will provide many kilos of fruit for your enjoyment. The area under the house is just perfect for a wine cellar and or anything else you wish to store in style. (In fact this home has an amazing amount of storage.)
Throughout the upper level there is ducted heating and cooling, new instantaneous hot water system, ducted vacuum with a triple garage under roof-line, access to the backyard with room for a boat or a caravan. The Bus stop is just at the doorstep for direct trip to civic and Tuggeranong. School buses are also available.
See you soon.

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Property History for 62 Paperbark St, Banks, ACT 2906

A timeline of how this property has performed in the market
Last Sold
$835,000
20 Oct 2016
  • 20 Oct 2016
    Sold for $835,000
  • 02 Aug 2016
    Listed for Sale $800,000+
  • 15 Aug 2013
    Sold for $704,000
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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.

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