8 Paperbark Street, Banks, ACT 2906 | Property Value & History | OnTheHouse
OFF MARKET

8 Paperbark Street
Banks ACT 2906

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 214m2
Land area: 722m2
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Property Details for 8 Paperbark St, Banks

8 Paperbark St, Banks is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2004. The property has a land size of 722m2 and floor size of 214m2. While the property is not currently for sale or for rent, it was last sold in October 2007.

Building Type
House
Year Built
2004
Floor Size
214m2
Land Size
722m2
Local Government
Tuggeranong
Lot/Plan
BANKS: Block 8, Section 95

Last Listing description (August 2007)

Stylish Family Home Designed For Entertaining
Contemporary, light and welcoming, this home is perfect for a family that likes to entertain. The spacious floor plan offers segregated formal lounge and dining. The modern kitchen, family room and rumpus (with walk-in bar) enjoy sweeping views of the outdoor entertaining area and surrounding mountains of the Eastern Valley Rise estate. The master bedroom, includes an ensuite and walk-in closet and is separate from the remaining three generous sized bedrooms, all with built-in closets. The main bathroom includes a spa bath, floor-to-ceiling tiles and powder room. Entertain friends outside with paved areas and a fully fenced concrete swimming pool with water feature - perfect for those hot dry Canberra months, while the grassed area allows ample space for children to play.
Features include:

Lovely street outlook to the mountains
Spacious open plan design
Remote double garage with internal access
High Ceilings with Halogen lighting
Large modern kitchen with granite bench tops, walk-in pantry and Miele
appliances
Laundry with external access
Quality inclusions throughout, such as ducted vacuum, central heating, walk in linen
Dripper Irrigation and sprinkler system for low maintenance gardening
Security alarm system and intercom
Close to reserve, Lanyon shops and schools.

Property History for 8 Paperbark St, Banks, ACT 2906

A timeline of how this property has performed in the market
Last Sold
$595,000
03 Oct 2007
Listed for Rent
$450/w
12 Aug 2006
  • 03 Oct 2007
    Sold for $595,000
  • 24 Jun 2007
    Listed for Sale 630000
  • 25 Jul 2006
    Listed for Rent - Price not available
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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 3 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.