8 Banfield StreetDowner ACT 2602
Property Details for 8 Banfield St, Downer
8 Banfield St, Downer is a 3 bedroom, 1 bathroom House and was built in 1961. The property has a land size of 837m2 and floor size of 106m2. While the property is not currently for sale or for rent, it was last transferred in March 2024.
Last Listing description (May 2026)
Positioned in a peaceful, tree-lined street just moments from the light rail and city fringe, this substantial family home presents an increasingly rare opportunity to secure immediate lifestyle appeal with exceptional future development potential.
Set on a generous 836sqm parcel with proposed RZ3/4 rezoning, the property offers outstanding landbanking and redevelopment prospects in one of the Inner North's most tightly held pockets.
Behind the established gardens lies a versatile residence boasting approximately 190sqm of internal living, thoughtfully extended to accommodate growing families with multiple living areas and flexible bedroom configurations. Whether you move straight in, renovate over time or explore the site's future potential, the options here are significant.
Adding further appeal is extensive car accommodation for three vehicles, along with a separate office, studio and additional storage - ideal for working from home, hobbies, guest space or future adaptability.
Conveniently located near quality schools, parks, shops and transport, this is a unique opportunity for families seeking space and lifestyle, as well as developers and investors looking to capitalise on future zoning uplift.
Features
* Prime Inner North location in a quiet, leafy street close to the city
* Large 836sqm parcel with proposed RZ3/4 rezoning potential
* Approx. 190sqm of flexible internal living space
* Extended floorplan with 34 bedrooms and multiple living areas
* Exceptional opportunity to renovate, landbank or redevelop (STCA)
* Spacious indoor and outdoor entertaining areas
* Beautiful established gardens with Japanese maples, azaleas and camellia hedges
* Three-car accommodation plus separate office, studio and storage
* Moments to light rail, schools, parks and local amenities
* Ideal for growing families, investors and future-focused buyers
Rates: $5,066pa (approx.)
Land Tax: $10,599pa (approx.)
UCV: $882,000 (2025)
EER: 3.0
Whilst all care has been taken to ensure accuracy in the preparation of the particulars herein, no warranty can be given, and interested parties must rely on their own enquiries. Please note that some images used across Belle Property listings may include digital enhancement for presentation purposes. Buyers are encouraged to refer to the advertising copy or speak with the listing agent for further clarification where required. This business is independently owned and operated by Belle Property Canberra. ABN 95 611 730 806 trading as Belle Property Canberra.
Property History for 8 Banfield St, Downer, ACT 2602
- 16 Apr 2026Listed for Sale Offers over $1,100,000
- 18 Mar 2024Transferred
Recent sales nearby
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0About Downer 2602
The size of Downer is approximately 1.6 square kilometres. It has 10 parks covering nearly 8.9% of total area. The population of Downer in 2016 was 3662 people. By 2021 the population was 4296 showing a population growth of 17.3% in the area during that time. The predominant age group in Downer is 30-39 years. Households in Downer are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Downer work in a professional occupation.In 2021, 61.50% of the homes in Downer were owner-occupied compared with 57.30% in 2016.
Downer has 1,815 properties. Over the last 5 years, Houses in Downer have seen a 55.79% increase in median value, while Units have seen a 21.43% increase. As at 30 April 2026:
- The median value for Houses in Downer is $1,541,781 while the median value for Units is $548,553.
- Houses have a median rent of $720 while Units have a median rent of $530.
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