39 Wittunga CrescentBanks ACT 2906
Property Details for 39 Wittunga Cres, Banks
39 Wittunga Cres, Banks is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2005. The property has a land size of 646m2. While the property is not currently for sale or for rent, it was last sold in March 2017.
Last Listing description (December 2014)
If you are keen to invest in Canberra real estate but are concerned about the uncertain market, then this DHA leased investment is the easiest way to become a property investor. Enjoy the many benefits of owning a property leased by Defence Housing Australia. A DHA lease provides a guaranteed rental income with fixed annual rent increases, comprehensive and professional property management as well as generous restoration provisions at lease-end. No vacancies, no late rent, no hassles!
The home is only 8 years old so there are still great depreciation benefits available.
Features include:
4 bedroom ensuite home built on one level
Modern kitchen and bathrooms
Formal and informal living
Ducted gas heating
Double garage
Elevated position with distant views to the rear of the home
Only minutes to popular primary schools, high schools and the Lanyon Market Place
DHA leased until December 2018 with a 3 year option
Currently rented for $598.86 per week with a guaranteed fixed annual increase of 2.5% until 2017, then subject to market rent review. Now is the perfect time to take advantage of the low interest rates and invest before the next property boom.
Living Area: 196sqm
Block Size: 646sqm
Current Rent: $598.86 per week
Please call agent for further details.
Property History for 39 Wittunga Cres, Banks, ACT 2906
- 15 Mar 2017Sold for $630,000
- 08 Dec 2014Sold for $570,000
- 27 Sep 2013Listed for Sale $580,000
Recent sales nearby
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0About 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.
Suburb Insights for Banks 2906
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