24 Banks Street, Yarralumla, ACT 2600 | Property Value & History | OnTheHouse
OFF MARKET

24 Banks Street
Yarralumla ACT 2600

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Floor area: 249m2
Land area: 1059m2
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Property Details for 24 Banks St, Yarralumla

24 Banks St, Yarralumla is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 1059m2 and floor size of 249m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
House
Year Built
1970
Floor Size
249m2
Land Size
1059m2
Local Government
Canberra Central
Lot/Plan
YARRALUMLA: Block 9, Section 64

Last Listing description (January 2023)

Offering a range of possibilities this superbly positioned family home is zoned on a large RZ2 block adjacent lush green parkland. The home was built in the 1980s and is a spacious family home providing versatility with enduring style and a timeless charming appeal that draws inspiration from the outdoors. Warm tonal brick accents add texture and character to both the kitchen peninsula and to the built-in bar which shares a wall with the lounge's open fireplace. Honeyed timber floors in the living areas echo the warmth and ground the otherwise-neutral palette.

The kitchen's cool-grey subway splashback and pale stone benchtops provide a crisp foil punctuated by sleek stainless-steel appliances. Set in an 'L'-shape, the voluminous loungeroom, dining, kitchen and family roof flow in a cadence that suits the rhythm of family life. Both the dining and family rooms open out to an elevated verandah that wraps two sides of the home and offers tranquil northerly views over the mature rear garden.

Dotted throughout the house are the four bedrooms; each with its own private position. The generously proportioned master has its own discrete entrance off the lounge, a walk-through wardrobe and efficient ensuite. Two good-sized bedrooms at the opposite end of the house are in their own wing and share a full bathroom. A fourth bedroom off the central hallway has access to two-way bathroom which would make it perfect for guests. A good-sized study could also be used as a fifth bedroom.

Located across the road from the leafy grounds of the old CSIRO Forestry School, close to Royal Canberra Golf Club and just three minutes' walk from some of Yarralumla's treasured cafes and restaurants, this home also puts you in an inner-south location that gives you easy access to elite schools, the parliamentary precinct and the Canberra CBD.

FEATURES

Superb opportunity to redevelop with "RZ2 Zoning" offering an array of possibilities on large 1058m2 block
Double-brick home overlooking green space and walking distance to Lake Burley Griffin
Outstanding location close to popular amenities
Formal entry hall access from covered walkway off double carport
Updated kitchen with gas cooktop, electric oven, Bosch dishwasher and a huge walk-in pantry
Large family room with access to elevated verandah
Formal dining with full wet bar
Large lounge with brick fireplace and access to verandah
Generous master with walk-in wardrobe and ensuite
Three additional bedrooms, one with two-way bathroom and two with access to a second, full bathroom
Dedicated study or home office
Large laundry with excellent storage
Ducted reverse-cycle heating and cooling
Excellent lock-up storage off carport
Horseshoe-shaped driveway with off-street parking for 3 cars
18 solar panels

Property History for 24 Banks St, Yarralumla, ACT 2600

A timeline of how this property has performed in the market
Last Sold
$2,815,000
15 Oct 2022
  • 15 Oct 2022
    Sold for $2,815,000
  • 22 Sep 2022
    Listed for Sale Auction
  • 30 May 2022
    Transferred
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About Yarralumla 2600

The size of Yarralumla is approximately 8.8 square kilometres. It has 17 parks covering nearly 41.8% of total area. The population of Yarralumla in 2016 was 2890 people. By 2021 the population was 3120 showing a population growth of 8.0% in the area during that time. The predominant age group in Yarralumla is 70-79 years. Households in Yarralumla are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Yarralumla work in a professional occupation.In 2021, 74.30% of the homes in Yarralumla were owner-occupied compared with 71.60% in 2016.

Yarralumla has 1,601 properties. Over the last 5 years, Houses in Yarralumla have seen a 35.14% increase in median value, while Units have seen a 7.97% increase. As at 31 October 2025:

  • The median value for Houses in Yarralumla is $2,005,491 while the median value for Units is $1,064,389.
  • Houses have a median rent of $950 while Units have a median rent of $530.
There are currently 7 properties listed for sale, and 2 properties listed for rent in Yarralumla on OnTheHouse. According to Cotality's data, 60 properties were sold in the past 12 months in Yarralumla.

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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.