SOLD
Sold on 20 Mar 2024 for $4,500,000

32 Banks Street
Yarralumla ACT 2600

Bedrooms: 5
Bathrooms: 4
Car spaces: 4
Floor area: 358m2
Land area: 764m2
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Sold By
Brett Hayman
Hayman Partners
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Property Details for 32 Banks St, Yarralumla

32 Banks St, Yarralumla is a 5 bedroom, 4 bathroom House with 4 parking spaces and was built in 2023. The property has a land size of 764m2 and floor size of 358m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 5 bedroom House sold in Yarralumla in the last 12 months.

Building Type
House
Year Built
2023
Floor Size
358m2
Land Size
764m2
Local Government
Canberra Central
Lot/Plan
YARRALUMLA: Block 19, Section 63

Last Listing description (May 2024)

Location reigns supreme in real estate and when you find an amazing location plus architecture that blurs the boundaries between art and design, exceeding every standard for modern family living, you have a rare home indeed. Set in one of Canberra's most beautiful and exclusive tree lined street, this tri level, contemporary home is within a short walk to Lake Burley Griffin, Royal Canberra Golf Club, numerous open green spaces, local schools and the boutique Yarralumla shops. The design, grounded in the principals of space, style and innovation, creates a playful yet sophisticated setting for every family occasion.

Professionally landscaped gardens lead you to the impressive entry, featuring modern lines and floor to ceiling windows that emphasise the openness of the home and gallery inspired spaces highlighted by the magnificent high feature ceilings. The open plan design provides an abundance of space to entertain and flows directly to the North facing entertaining area that overlooks the plunge pool, the ideal position to have the afternoon cocktail. The designer kitchen, finished with top quality European appliances, includes soft close cupboards, porcelain slab bench tops, huge butlers pantry and an immense island bench. The flexible floor plan offers multiple living areas for all ages including spacious open plan family area, rumpus room, parents lounge area, gym and guest suite.

Accommodation is provided by five bedrooms, the immense primary suite is segregated with lounge area, walk through robe, study and ensuite bathroom. Two additional bedrooms also have a designer ensuite bathrooms, one with walk in robe and the other with built in robe. The remaining two bedrooms have custom joinery and are serviced by the modern family bathroom and powder room.

The basement offers ample room for most of the toys with a four car garage, gym room and storage.

There has been a "no expense spared" approach to create a living environment of iconic standing in the exclusive lake side suburb of Yarralumla.

Features:
- Recently completed modern home
- Opposite open space (CSIRO)
- Architecturally tri level design
- Open plan kitchen, living, dining area with timber batten ceiling
- Italian porcelain tile throughout living areas, bedrooms and exterior
- Rumpus/media room
- Family bathroom with walk in shower and freestanding bath, wet area and double sinks
- Chef's kitchen with Liebher integrated upright fridge and freezer, Miele induction cooktop, Smeg oven, convection oven and warmer drawer, 2 integrated Fisher & Paykel dish drawers and a ZIP Arc Hydrotap with boiling, chilled, sparkling, hot and ambient water
- Expansive butler's pantry
- 4.5m island bench with Turner and Hastings double fireclay sink
- Large format porcelain slab bench tops and backsplash throughout kitchen and butlers pantry
- Spacious master suite with walk in wardrobe, lounge area and large ensuite with freestanding bath, walk in shower and double sinks
- Security room off the main bedroom
- Separate study with custom joinery
- 4 additional large bedrooms with 2 ensuites with walk in showers
- Under tile heating to main living and dining area
- Individually controlled under tile heating to bathrooms
- 2 x Reverse cycle heating/cooling systems with 3 zones
- Double glazed windows throughout
- 10kw solar system
- App enabled home Security system
- App enabled video door bell
- 4 car basement garage
- Home gym
- 3.2m Heated plunge pool with customisable multicoloured lighting
- Landscaped gardens with app enabled irrigation across 3 zones
- Stroll to Lake Burley Griffin, Royal Canberra Golf Club & Yarralumla Shops

Rates: $8,328 pa
Land tax: $16,217 pa
UV: $1,749,000
EER: 5.5
Living: 358sqm
Basement: 118sqm
Block: 752sqm
Built: 2023

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Property History for 32 Banks St, Yarralumla, ACT 2600

A timeline of how this property has performed in the market
Last Sold
$4,500,000
20 Mar 2024
  • 20 Mar 2024
    Sold for $4,500,000
  • 01 Feb 2024
    Listed for Sale SOLD
  • 29 Aug 2020
    Sold for $1,500,000
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About Yarralumla 2600

The size of Yarralumla is approximately 8.8 square kilometres. It has 17 parks covering nearly 41.8% of total area. The population of Yarralumla in 2011 was 2,921 people. By 2016 the population was 2,895 showing a population decline of 0.9% in the area during that time. The predominant age group in Yarralumla is 60-69 years. Households in Yarralumla are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Yarralumla work in a professional occupation. In 2011, 71.3% of the homes in Yarralumla were owner-occupied compared with 71.6% in 2016.

Yarralumla has 1,598 properties. Over the last 5 years, Houses in Yarralumla have seen a 34.31% increase in median value, while Units have seen a 29.91% increase. As at 30 November 2024:

  • The median value for Houses in Yarralumla is $2,020,061 while the median value for Units is $1,345,134.
  • Houses have a median rent of $900 while Units have a median rent of $598.
There are currently 7 properties listed for sale, and 4 properties listed for rent in Yarralumla on OnTheHouse. According to CoreLogic's data, 65 properties were sold in the past 12 months in Yarralumla.

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