5 Banks Street, Yarralumla ACT 2600
This property is Off Market
- The Average property price in this area is $1,841,171, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 107.92 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
About Yarralumla
With an average age of 48, households expect an average monthly mortgage payment of $2,866 or a weekly rent payment of $613. The average family earns a weekly income of $3,833 with a typical household size of 2.5 and a 94.94% employment rate.
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. High average incomes in Yarralumla ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The slightly lower than average earnings from occupations in Yarralumla changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Yarralumla to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Yarralumla we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Yarralumla a better buying opportunity than it may have been in the past.
Public Transport
EPIC and Racecourse
Macarthur Avenue
Ipima Street
Alinga Street
Phillip Avenue
Dickson Interchange
Swinden Street
Elouera Street
Sandford Street
Canberra
General Points of Interest
Canberra Centre (Monaro Mall
Southlands Tennis Club
Yamba Club
Aboriginal Tent Embassy
ANU Medical School
Taglietti House 03 Mckeown House
Australian National University
Burbidge Amphitheatre
Royal Military College Golf Club
National Capital Exhibition
Population
(Country of Birth not stated 5%)
Are people healthy?
There are a recorded 333 asthma sufferers and 149 people living with diabetes. In addition, 208 people have a heart/vascular condition and 286 people live with three or more chronic diseases.A good place to invest in property?
Yarralumla a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Australian Capital Territory State average 56 / 100
Income
66 / 100
56 / 100
Industry
17 / 100
28 / 100
Population
20 / 100
26 / 100
House Prices
73 / 100
72 / 100
Jobs
25 / 100
32 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
-
Forrest Primary School
Forrest, ACT, 2603 Independent K-6 -
The Woden School
Deakin, ACT, 2600 Independent 7-12 -
Malkara School
Garran, ACT, 2605 Independent K-6 -
Sts Peter and Paul Primary School
Garran, ACT, 2605 Independent K-6 -
Canberra Girls Grammar School
Deakin, ACT, 2600 Independent K-12 -
Yarralumla Primary School
Yarralumla, ACT, 2600 Independent K-6 -
Holy Trinity Primary School
Curtin, ACT, 2605 Independent K-6 -
Curtin Primary School
Curtin, ACT, 2605 Independent K-6 -
Hughes Primary School
Hughes, ACT, 2605 Independent K-6
Property Story
5 Banks Street, Yarralumla, Act, 2600 is a residential property with 4 bedrooms, 2 bathrooms and 2 Parking spaces. The estimated distance to the sea is 107.92km and at least 2.69KM to vegatation considered to be a factor in bushfire risk.Local Developments
To see the latest development applications
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz 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 Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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