29 Alison Ashby Cres, Banks ACT 2906

North-facing elevated block | 875m² land in established suburb | 2004 build with solar and spa | 4 bed, 2 bath, 2 car configuration This property presents a competitively strong offering due to its substantial, north-facing block and elevated position, which are rare and fixed advantages in this market. The 2004 construction with modern updates like ducted heating, cooling, and solar panels provides a move-in ready solution for a family seeking space and comfort. It serves a buyer prioritizing long-term livability over immediate yield, with its size and aspect directly supporting a premium over the suburb median. The primary decision point is the listed price, which demands a premium of approximately $375,000 above the suburb’s median house price. This premium must be justified against comparable sales and is exposed to market sentiment given the extended days on market. The bushfire overlay imposes specific insurance and maintenance costs. For a buyer, the commercial logic rests on securing a superior land parcel; proceed only at a price aligned with recent street-level evidence, otherwise the capital outlay will underperform. Recent street sales provide critical context: – 37 Alison Ashby Crescent sold for $1,100,000 in November 2025. – 28 Alison Ashby Crescent is listed with an estimated value of $1,037,000. This property’s $1.25M+ asking price is notably higher, requiring its larger land size and premium features to substantiate the difference. A successful purchase hinges on negotiating within this established street band.