At number 1790th in the list of Australian suburbs ordered by increase in median house value over the last year, Banks, 2906 is in the top half with a property value increase of 8.11% recorded in median house prices.
When looking at the potential capital gains offered to property investors over the last 3 years, Banks comes in at number 66th in ACT.
Vendor discounting in Banks is giving property investors an average Vendor Discount of around -4.07%. This puts suburb at number 20th in ACT when ranking the most discounted suburbs.
Banks is 38th on a list of best yielding suburbs for rents in ACT with a 4.07% return
At number 788th in the list of Australian suburbs ordered by increase in median house value over the last year, Banks, 2906 is in the top half with a property value increase of 4.62% recorded in median house prices.
Comparing Banks,2906 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
At number 39th of ACT’s most discounted properties, Banks is in the TOP 20% of the state/territory when listing in order of most discounted to least.
The ACT suburb of Banks, 2906 is in the Unincorporated ACT local government area.