19 Forsythe Street, Banks ACT 2906
19 Forsythe Street, Banks ACT 2906
19 Forsythe Street, Banks ACT 2906 is a detached house on a 782 m² block, with published listing data showing 3 bedrooms, 1 bathroom, 2 parking spaces, and an internal/living area of about 113–117.7 m²; the home was built in 1993 and sold in 2018 for $610,000. The property was listed for sale as a house in Banks.
large 782m² block | 1993 detached house | family suburb Banks | bed/bath count conflict | land-driven value
This property is situated on a notably generous 782 m² block that is considered a standout feature in Banks, providing genuine yard space and future adaptability. The house was built in 1993 with a solid footprint around 113 to 117 m², and the most consistent recorded configuration is three bedrooms, one bathroom, and two parking spaces. Its suburban position near schools, shops, and transport makes it a practical fit for families and owner-occupiers who prioritise land and location over brand-new finishes. The large block and detached form are expected to appeal to buyers seeking space for children, pets, or potential additions, with the suburb’s low-density character reinforcing this invitation.
The value of this property may be influenced by its older build and likely original fit-out, which are less contemporary than newer alternatives and could require renovation investment. The inconsistency in bedroom and bathroom counts across listings might be perceived as a data reliability issue that would need verification during inspection. Its worth is likely driven more by the land size and location than by the dwelling’s condition, so weighing the cost of upgrades against the benefit of such a generous block in a well-positioned suburb is recommended.
Detailed Independent Property Report prepared by PropCred Analyst team for 19 Forsythe Street, Banks ACT 2906
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
2
Income Risk
1
Execution Risk
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Market Insight
Banks presents as a stable, family-oriented suburb with a growing population and established demographic profile. Demand is anchored by local owner-occupiers, evidenced by strong recent price growth and a brisk sales market where properties transact quickly. This momentum is supported by consistent transaction volumes, indicating sustained buyer interest. Future performance will hinge on the suburb’s ability to maintain its appeal to this core demographic amid broader economic conditions.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
2
Land
782m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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