This cute three-bedroom cottage feel home is perfect for the first home buyer or investor. Ideally positioned in a quiet cul de sac providing peace and privacy with the open paddocks of the Lanyon homestead on your doorstep, this could be the perfect setting for your first home.
Inside there is a good sized centrally located kitchen with gas cooking and continuous flow hot water, a casual meals area that opens on to the entertaining deck and a spacious lounge room with nice views across the front porch. Two of the three bedrooms have built in robes, the bathroom is in good original condition and the laundry is positioned at the rear of the home for ease of access to the back yard. Two reverse cycle air conditioners as well as a gas wall heater and two electric heaters will provide plenty of options to keep the climate under control in summer and winter.
Outside is equipped with a spacious fully landscaped and established garden providing privacy for the growing family. The large deck is an ideal spot for a long lunch and enjoy nice views of the surrounding hills. There is a large garage and workshop with 15 amp power ideal for the home handyman as well as a double carport providing plenty of off street parking.
The size of Banks is approximately 2.3 square kilometres. There are 8 parks, covering nearly 13.3% of the total area. The population of Banks in 2016 was 4967 people. By 2021 the population was 5100 showing a population growth of 2.7% in the area during that time. The predominant age group in Banks is 30-39 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 2021, 81.00% of the homes in Banks were owner-occupied compared with 78.10% in 2016.
Banks has 1,919 properties. Over the last 5 years, Houses in Banks have seen a 24.73% increase in median value, while Units have seen a 18.85% increase. As at 30 June 2026:
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