Sold
Auction - Sold Prior - $715,000
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7 Reader Court, Banks ACT 2906

House
3121.5
Block size: 390 m² approx.House size: 93 m² approx.UV: $383,000 (2025)

THE STORY....

nbn® Fibre to the Curb (FTTC) is available in this property
Max wholesale speed tier available: nbn® Home Fast

Inspections

No inspections scheduled on Allhomes, yet. You may ask the agent about upcoming inspections.

Send an enquiry

Contact Ben Holder to learn more about this property, request an inspection or take an online tour.

Auction

Saturday 25 October, 10:00am
On site

Key details

Bedrooms:
3
Bathrooms:
1
Parking:
2
Property type:
House
Block Size:
390 *
House Size:
93 *
EER:
1.5
Unimproved Value:
$383,000 (2025)

Other Details

Block:
16
Section:
28
Rates (Residential):
$2,723*
Rates (Commercial):
$19,627*
Rates (Rural):
$964*
Land Tax (Residential):
$4,414*
Legal description:
TUGG/BANK/28/16
nbn® availability:
nbn® Fibre to the Curb (FTTC)
*These are approximate values based on available information.
Jonny Warren Properties

Maps and area information

Land Details
There's a lot more to see
Using overlays will allow you to see details such as school catchments, zoning and easements.
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Block information
Block 16 Section 28 Banks
Block size: 390 (approx)
Unimproved value: $383,000 (2025)
Legal description: TUGG/BANK/28/16
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2025.
Need more info? We've got you covered.
A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.

What's nearby

Charles Conder PrimaryPrimary School
1km
Lanyon High SchoolHigh School
1.3km
The Canberra HospitalHospital
14.1km
Lanyon MarketplaceMajor Shopping Centre
1.7km
Mackillop CollegeCollege
5.3km
Lanyon Post OfficePost Office
1.7km
Canberra Institute Of TechnologyTafe
13.8km

Property history

You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
Property History
17 Oct 2025
Sold at auction
Jonny Warren Properties
$715,000
Contract: 17/10/2025
Listed: 01/10/2025
Days on market: 16
Block size: 390m²
Transfer type: Full transfer
16 Nov 2016
Sold
Luton Properties Tuggeranong
$411,500
Contract: 29/09/2016
Transfer: 16/11/2016
Listed: 26/07/2016
Days on market: 65
Block size: 391m²
Transfer type: Full transfer
Purpose: Medium density dwelling
19 Mar 2004
Sold
$270,000
Contract: 20/02/2004
Transfer: 19/03/2004
Listed: 08/12/2003
Days on market: 74
Block size: 391m²
Transfer type: Full transfer
Purpose: Medium density dwelling
27 Aug 2001
Sold
$149,500
Contract: 01/08/2001
Transfer: 27/08/2001
Listed: 10/05/2001
Days on market: 83
Block size: 391m²
Transfer type: Full transfer
Purpose: Medium density dwelling
29 Mar 1993
Sold
$109,000
Contract: 29/03/1993
Transfer: 29/03/1993
Block size: 391m²
Transfer type: Full transfer
Purpose: Medium density dwelling
07 Sep 1992
Sold
$28,000
Contract: 07/09/1992
Transfer: 07/09/1992
Block size: 391m²
Transfer type: Full transfer
Purpose: Medium density dwelling

Banks suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian salesUnimproved value
Average Age
37 years
Population
5,100
Unimproved value for Banks
$383,000
Listing ID:
183701281
Viewed
1634 times
Last updated:
21 October 2025
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.