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Investment Property Banks, ACT, 2906

Suburb Snapshot

Banks is a suburb in the ACT Region of Australian Capital Territory. Banks has a population of 4,968 people and 18.50% of its occupants live in rental accommodation. The median listing price for houses is $729,000 and this has changed -0.82% over the past year and changed -8.54% over 2 years.

The median rent in Banks for houses is $650 per week and the median rental yield is 4.63%. Stock on the market for houses/townhouses has changed 77.78% compared to last year and the average time to sell a house/townhouse is NA days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes NA days to sell and the median rent for a unit in Banks is NA per week, producing a rental yield of NA.

Supply & Demand in Banks, ACT

0.43%

Current vacancy rate


8

Rental stock available


4,968

Population


18.50%

Rental population


1.03%

Current vacancy rate


2,044

Rental stock available


396,856

Population


28.56%

Rental population


1.03%

Current vacancy rate


2,044

Rental stock available


397,403

Population


28.56%

Rental population


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Statistical data for Banks, ACT

  House Townhouses Units
Median listing price $729,000 NA NA
Median price change - last quarter -0.69% NA NA
Median price change - 1 year -0.82% NA NA
Median price change - 2 years -8.54% NA NA
  House Townhouses Units
Median weekly rent $650 NA NA
Median yield % 4.63% NA NA
Median rent change - 1 year 11.11% NA NA
  House Units
Previous month sales 7 0
Stock on market previous month 16 1
Stock variance vs. last year 77.78% -75.00%
Average days on market NA NA

Banks investment property listings

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