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4 Peron Place
BANKS ACT 2906
By Negotiation

4 Peron Place BANKS, ACT 2906

By NegotiationCalculate Repayments
Unimproved value:A$277,000Block size:728

Is this the best value block in Canberra?

Set in an established neighbourhood is a 728m2 block that becomes available after the previous house was demolished. Remnants of the slab remain for possible future use or remove it and start completely fresh.

Most of the vacant blocks available around Canberra exist in the new developments where local amenities are limited, trees are virtually non-existent, schools are in their infancy and the land size is 500m2 or less.

The block is zoned RZ1 and subject to approval attracts a 50% plot ratio providing far better scope for a large house than some of the smaller blocks currently available.

Unfortunately, there are very few vacant block sales to compare within the local area but a quick search at the time of writing this shows blocks throughout the ACT start from $270,000 in Strathnairn (Wherever that is). It is 446m2.
Next cheapest is $300,000 for a 213m2 block in Phillip.
There is a 260m2 block in Watson under offer and priced at $319,000.
$340,000 will buy a 480m2 block in Moncrief
$345,000 will buy a 362m2 Block in Taylor (That’s right there is a suburb called Taylor)

If you are a builder looking for your next project to build and sell after we recover from this current situation, then enquire now and let us know what it is worth to you.

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Inspections

No inspections are currently scheduled.

Information about this Land

  • Listed on
  • Last updated
  • Property typeLand
  • Block size728m² (approx)
  • Land valueA$277,000
  • Stamp dutyA$4,440
  • RatesA$14,110
  • Land taxA$2,767 if rented

Land Value History

The land value history at 4 Peron Place BANKS, ACT 2906 has has not changed recently, having an unimproved land value of $277,000.

The Territory Data is the property of the Australian Capital Territory.

Sales History for 4 Peron Place BANKS, ACT 2906

There is currently no sale history available for 4 Peron Place.

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Local Neighbourhood

4 Peron Place BANKS, ACT 2906 has 10 schools within 5 kilometres, with the closest being Charles Conder Primary.

DistanceSchoolAddress
1.31 kmCharles Conder PrimaryTom Roberts Avenue, Conder Pin Icon
1.73 kmLanyon HighHeidelberg Street, Conder Pin Icon
2.02 kmSt Clare of Assisi PrimaryHeidelberg Street, Conder Pin Icon

About Banks

4 Peron Place is located within the suburb of Banks, which has a population of 4,967, a median age of 33 and an average household density of 2.8 people.

  • 4967Population
  • 33Median Age
  • 2.8Avg. Household Size
Median Sale Price

Household Composition

Established Families
Couples
Single Parent Families
Single
Group Household

Dwelling Types

Houses
Apartments
Semi-Detached

Occupancy Types

Owned w/ Mortgage
Owned Outright
Rented Privately

Calculate Repayments

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Median suburb price of A$470,000 from 2019.

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