62 Paperbark St, Banks is a 5 bedroom, 4 bathroom House with 3 parking spaces and was built in 1992. The property has a land size of 857m2 and floor size of 313m2. While the property is not currently for sale or for rent, it was last sold in May 2024.
Do reward yourself with viewing this property if you are in the market for a large home with comfortable potential for multi - generational living. First time offered to the market and located in the Dress circle location of Banks you will not be disappointed. With our rapidly changing demographics these homes do not appear on the market often, so do not delay the inspection too long.
The 5 bedroom property is impressive with its size and the amount of natural light that floods the home. All the rooms are of very generous proportions and equally endowed with plenty of storage. The main suite is segregated from the other bedrooms and has a walk in robe as well. The ensuite here boasts a double shower which would be great for your 'Love' life or if you happen to need a disability chair. (Please note that all the doors are wider than average just for that purpose.)
If you happen to love entertaining the home is just perfectly designed for that purpose. The very large living area and separate dining room is most impressive. If that fails to impress the kitchen and the family room with a contiguous terrace off it will. If everything else fails the views surely will demand and enjoy your attention.
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 1,925 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:
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