Thinking about buying in Banks? Now could not be a better time, with 2240 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $735,000 with prices in this suburb ranging from $15,000 to $3,188,000. The aproximate distance to the coast is 100 Km.
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Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. Incomes in Banks are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The high percentage of professional people in Banks classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. Medium density in Banks necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
UNIT 3, SHERATON PARK, 10 ZEITZ CT, BANKS, ACT, 2906 | 3 | 1 | 2 | Offers over $579,000 | |
3 WIBURD ST, BANKS, ACT, 2906 | 3 | 1 | 2 | $715,000+ | |
UNIT 3, NOLAN GARDENS, 19 YOUL CT, BANKS, ACT, 2906 | 3 | 1 | 1 | $599,000+ | |
23 IRONBARK CR, BANKS, ACT, 2906 | 4 | 2 | 6 | Price Guide: $880,000+ | |
54 ABERCROMBIE CCT, BANKS, ACT, 2906 | 3 | 1 | 1 | 650000 |
Charles Conder Primary School
Lanyon High School
St Clare of Assisi Primary School
Gordon Primary School
(While the above schools are located with the suburb of Banks there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.3 | 14.1 | 30.7 | 28.7 | 87.9 | 3.6 | 25.2 |
Feb | 2.4 | 13.4 | 27.9 | 36.3 | 91.4 | 3.6 | 21.2 |
Mar | 3.2 | 11.3 | 24.4 | 42.8 | 94.5 | 3.3 | 17.0 |
Apr | 1.3 | 7.4 | 21.3 | 42.8 | 94.9 | 2.7 | 13.9 |
May | 1.1 | 2.4 | 16.4 | 47.7 | 96.9 | 2.5 | 11.0 |
Jun | 1.8 | 1.4 | 13.3 | 55.8 | 97.4 | 2.8 | 8.9 |
Jul | 1.1 | 0.6 | 12.7 | 54.4 | 95.9 | 3.8 | 9.5 |
Aug | 1.4 | 0.6 | 14.0 | 45.3 | 94.7 | 3.6 | 12.6 |
Sept | 1.8 | 3.1 | 17.8 | 41.0 | 93.8 | 3.6 | 17.0 |
Oct | 1.8 | 6.2 | 21.4 | 36.9 | 93.0 | 3.5 | 20.7 |
Nov | 2.1 | 9.5 | 25.4 | 30.9 | 89.1 | 4.3 | 25.0 |
Dec | 1.9 | 12.4 | 28.6 | 27.9 | 87.8 | 3.6 | 26.6 |
source: Australian Government Bureau of Meteorology
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