Banks Suburb ProfileAustralian Capital Territory 2906
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Banks has 1,924 properties. Over the last 5 years, Houses in Banks have seen a 43.63% increase in median value, while Units have seen a 50.58% increase. As at 31 October 2025:
- The median value for Houses in Banks is $920,311 while the median value for Units is $670,798.
- Houses have a median rent of $640 while Units have a median rent of $565.
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.
Market Insights
Banks Trends for Houses
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Banks Trends for Units
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Neighbourhood Insights
Age
Population 5100
0-9
14%
10-19
14%
20-29
14%
30-39
16%
40-49
16%
50-59
13%
60-69
8%
70-79
4%
80-89
1%
Household Structure
Occupancy
Recent Sales in BANKS 2906
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0Properties for sale in BANKS 2906
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Last Updated: 05/12/2025
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