More Information
Indicative Gross Return:
~6.25%–6.50%
Region: Banks ACT 2906
Block-Size: ~450–550 sqm
Block: 21
Section: 3
Type: House
House/Building Size: TBC
Bedrooms: 3
Bathrooms: 1
Garaging/Car Spots: 2
EER: 2.5
Unimproved Value (2022):$420,000 (2022)
UV Price Ratio:62.22
Sales Method:Private Treaty
Recommend Purchase Price: $675,000
Rates Residential 2022: $2,366*
Land Tax Residential 2022: $3,182*
Property Link: https://www.allhomes.com.au/40-abercrombie-circuit-banks-act-2906
Marketing Agent: Colin Blunden
Date Added: 2026-05-06
Property Images
Block Details
Block Size: ~450–550 sqm
Block Type: Large Block
Zoning: RZ1: SUBURBAN
Precinct Code: Precinct Map Banks Precinct Code Download
Heritage: N/A
Planning Assessment Report: PAR - 40 Abercrombie Circuit, Banks ACT 2906, Banks ACT 2906
Suburb Information
Median House Price (2022): $970000
Median House Rent (2022): $595
Suburb Highest Price (2022): $970000
Rental Vacancy Rate (2022): 0.27
Medium Household Income (Census 2021): $2,419
Income to Rent Ratio: 25%
Download Suburb Profile: print_suburb_flyover_detailed_1681273779404
Property Purchase Recommendation Summary
Recommend Purchase Price: $675,000.00
Estimated Stamp Duty:$21,960.00
Approx Legal and Building Report Costs: $3,000.00
Total Purchase Investment: $931,960.00
Recommended Secondary Residence
Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-212
Approx Turnkey Build Cost inc GST: $235,000.00
Downloadable Brochure: design-brochure-mini-212-290323-wfzyyupjalru
Download Proposal:Frank Walmsley - 40 Abercrombie Circuit, Banks ACT 2906 - Planning Assessment Proposal
Potential Rental Income
Potential Gross Weekly Rental Income of Existing Property: $550.00
Potential Gross Weekly Rental Income of Recommended Design: $500.00
Potential Combined Gross Weekly Income: $1,050.00
Potential Combined Gross Annual Income: $59,800.00
Financial Summary
Total Purchase and Build Investment: $931,960.00
Potential Combined Gross Rental Annual Income:$59,800.00
Potential Gross % Return: ~6.25%–6.50%

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