SOLD
Sold on 03 Nov 2023 for $705,000

99 Pockett Avenue
Banks ACT 2906

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 112m2
Land area: 480m2
Sold By
Brett Hayman
Hayman Partners
Martin Faux
Hayman Partners
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Property Details for 99 Pockett Ave, Banks

Building Type
Land
Year Built
1993
Floor Size
112m2
Land Size
480m2
Local Government
Tuggeranong
Lot/Plan
BANKS: Block 39, Section 46

Last Listing description (December 2023)

Great value never last long so be quick to secure this outstanding opportunity.
Idea for the astute buyer to enter into the Canberra property market. This updated single-level, separate titled home offers a rarity in its abundance of features to suit first-home buyers, downsizers and investors. Conveniently located opposite Banks shops and public transport and within short proximity to local Primary Schools and Lanyon Valley Shopping Centre.

Boasting a light filled lounge room as you enter which flows through to the meals, kitchen and family room. The entertaining continues as you step out to the expansive pergola which looks over the lush lawns.

The updated, fully equipped kitchen overlooks the meals area and garden and the home is all tied together by a full-size laundry and main bathroom, ideal for families. Accommodation is provided by three bedrooms all including built-in robes and serviced by the two way bathroom with a separate toilet.

Key Features:
- Freshly painted throughout
- New flooring
- Updated, single level home
- Separate title property
- Three bedrooms of accommodation all with built in robes
- Main bedroom with access to two-way bathroom
- Fully stocked, updated kitchen
- Light filled separate formal lounge
- Entertaining pergola overlooking the stunning lush green backyard
- An enclosed garage with remote and drive through access
- Split system air conditioning throughout
- Directly opposite Banks shops for day to day convenience
- Close to public transport

Land Size: 480sqm
Living: 112sqm
EER: 4.5
Rates: $2,093
Land tax: $2,941
UCV: $324,000

Property History for 99 Pockett Ave, Banks, ACT 2906

A timeline of how this property has performed in the market
Last Sold
$705,000
03 Nov 2023
  • 03 Nov 2023
    Sold for $705,000
  • 07 Sep 2023
    Listed for Sale $699,000 +
  • 10 Nov 2011
    Listed for Sale $414,950
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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.