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.
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:
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:
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