3 Reader Court, Banks, ACT 2906 | Property Value & History | OnTheHouse
OFF MARKET

3 Reader Court
Banks ACT 2906

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 91m2
Land area: 553m2
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Property Details for 3 Reader Ct, Banks

3 Reader Ct, Banks is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1990. The property has a land size of 553m2 and floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
House
Year Built
1990
Floor Size
91m2
Land Size
553m2
Local Government
Tuggeranong
Lot/Plan
BANKS: Block 18, Section 28

Last Listing description (October 2023)

Discover the perfect blend of style and convenience in this fully renovated 3-bedroom home, designed for effortless single-level living with everything at your doorstep. Nestled in the picturesque suburb of Banks, this residence caters to both downsizers and first-time homebuyers alike.

As you step inside, you'll immediately appreciate the care and attention to detail that went into every aspect of this home. With a north westerly aspect, sunlight streams through illuminating the tastefully designed living spaces and bedrooms throughout all seasons.

With separate indoor and outdoor living areas, a renovated kitchen, laundry and bathroom, every inch of this home exudes charm and functionality. Boasting an outstanding 4.5 Star energy efficiency rating, as well as modern amenities, including a 20-panel 5.8kw solar power system plus ducted reverse cycle heating and cooling for year-round comfort.

The backyard is enclosed with Colorbond fencing, making this space a safe and secure area for children and pets. The yard boasts level lawns, easy-care gardens, and plenty of scope for your very own garden creation. The kids will be the envy of all their friends, with the colourfully designed children's playset, their own little fortress to protect.

Convenience is at the forefront here, with ample off-street parking and a double covered carport. There is also additional lockable storage, a garden shed as well as plenty of space to park the caravan, trailer or boat. Located moments away from Lanyon Valley Marketplace, playgrounds, parks, and local schools within walking distance, this home offers the ideal setting for young families.

Whether you're downsizing, embarking on your homeownership journey, or expanding your investment portfolio, this impeccably maintained residence has something for everyone and is surrounded by warm, welcoming, and friendly neighbours. It's time to make your next move to 3 Reader Court, Banks.

The Lifestyle:
Walking distance to Banks shops
Banks neighbourhood oval
Beau & Jessie Park
Short commute to Lanyon Valley Marketplace
Multiple schooling options
South.Point Shopping Centre
Easy access to Drakeford Drive and Tuggeranong Parkway
Lake Tuggeranong, walking and bike trails, parks and playgrounds

The Perks:
3-bedroom | 1 bathroom | 2 car space
Single level design, low maintenance & convenient lifestyle
Spacious & sunlit living areas with northerly aspect
Engineered hardwood timber floors throughout with quality carpet to bedrooms
L.E.D lights throughout for brighter lighter living
Quality night & day roller blinds to all windows
Spacious renovated kitchen + Ariston & Fisher & Paykel stainless steel appliances
4 x burner gas cooktop, rangehood, dishwasher & oven
Renovated bathroom with modern fixtures & fittings
Bathroom featuring niche shelve, bath in shower combo
Bedrooms complete with built in robes
Separate toilet plus renovated laundry with rear yard access
Ducted reverse cycle heating & cooling throughout
Private courtyard / sun deck with shade sail, privacy screening
2 x external automatic wire guide awnings for additional privacy + UV protection
2 x Eufy wireless security cameras to front and back
Rear yard is enclosed making this space child & pet friendly
Double carport with ample off street parking + lockable storage/shed
Corner block position with level lawns, established gardens
Convenient location close by shops, schools & public transport

The Numbers:
Total internal living: 90m
Block: 552m approx.
Land Value: $426,000 (2023)
Rates: $638 p.q approx.
Land Tax: $994 p.q (Investors only)
Rental Estimate: $575 - $595 per week (Investors only)
Build: 1993
EER: 4.5 Stars

Explaining the private treaty process:
To ensure a fair & equitable process, all offers are confidential. This gives our buyers peace of mind that we will not disclose an offer to another buyer in an attempt to force that buyer's intent. For guidance on when offers close and how best to submit an offer, please contact the agent directly.

Property History for 3 Reader Ct, Banks, ACT 2906

A timeline of how this property has performed in the market
Last Sold
$735,000
12 Oct 2023
  • 12 Oct 2023
    Sold for $735,000
  • 07 Sep 2023
    Listed for Sale Offers Over $699,000
  • 09 Dec 2013
    Sold for $395,000
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About Banks 2906

The size of Banks is approximately 2.3 square kilometres. It has 8 parks covering nearly 13.3% of 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 40-49 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 1,924 properties. Over the last 5 years, Houses in Banks have seen a 36.82% increase in median value, while Units have seen a 48.42% increase. As at 30 November 2025:

  • The median value for Houses in Banks is $889,738 while the median value for Units is $654,578.
  • Houses have a median rent of $645 while Units have a median rent of $565.
There are currently 2 properties listed for sale, and 4 properties listed for rent in Banks on OnTheHouse. According to Cotality's data, 78 properties were sold in the past 12 months in Banks.

Suburb Insights for Banks 2906

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.