Back 7 Reader Ct
Off Market

7 Reader Ct

Banks ACT 2906

3
1
2
93.12 m²
390 m²
House
Last sold for $715,000
Ben HolderBen Holder, last sold this property on 16 October 2025 after 15 days on market.

Overview

THE STORY....

When the homeowner first purchased this property back in September 2016, it was with a clear vision: a home that offered reliability, convenience, and potential. They saw the promise of an ideal location, a home that would stand the test of time, and a sound investment that would provide steady returns. For nearly a decade, this property has done exactly that-proving itself as a smart and rewarding choice. Though the homeowner never lived here themselves, they ensured the home was well cared for and thoughtfully updated so that every resident could enjoy it fully. Inside, a freshly painted interior gives the home a bright and welcoming feel, while new upgrades-like the Glemgas oven cooktop combo, Omega dishwasher, and Daikin split system-add comfort and practicality to everyday living. The fanlight combos in each bedroom, and plantation shutters in both the loungeroom and front bedroom, bring small but meaningful touches that make the home feel special. The homeowner's favourite part of the property has always been the back patio. It's easy to see why. With a fire pit and chimney at the centre, it's a space that invites people to gather, share meals, and create memories. Two backyard sheds provide extra storage, while the patio itself offers a sense of escape without leaving home. It's a backyard made for both quiet evenings and lively weekends. For first-time buyers, this property presents the perfect opportunity to step into homeownership with confidence. The home is move-in ready, with the big upgrades already taken care of-leaving room for you to simply make it your own. For investors, it's a proven performer, offering the same strong potential and reliability that first attracted its current owner. Whether it's the ease of its location, the comfort of its updated features, or the lifestyle offered by its inviting outdoor space, this is a home that continues to deliver. The story began as an investment, but its next chapter is waiting for someone ready to call it their first home-or for another investor looking to secure a property that's already shown its worth. Key Details: - Three bedroom, one bathroom family home - Master bedroom ft. fanlight combo, plantation shutters & built-in wardrobe - Two additional bedrooms ft. fanlight combo & built-in robes - Open plan dining & kitchen - Wrap around kitchen ft. dual sinks, Glemgas oven cooktop combo, Omega dishwasher, breakfast bar & plenty of storage - Spacious living room ft. plantation shutters & ceiling fan - Wood vinyl flooring throughout - Daikin split-system air-conditioning throughout - Bathroom ft. built-in bath-tub, sink, separate shower & segregated toilet - Laundry area ft. sink & linen storage - Back patio ft. firepit and chimney and spacious area - Backyard ft. two sheds for storage & clothesline Key Features: - Year Built: 1993 - EER: 1.5 stars - Approx. Block Size: 390 sqm - Approx. Living Size: 93.12 sqm - Enclosed carport: 21.24 sqm - Carport: 17.30 sqm - Approx. Council Rates: $680 per quarter - Approx. Land Tax (if rented): $1,112.58 per quarter - Approx. Rental Return: $600 - 625 per week

Features

3 bedrooms
1 bathroom
2 carspaces
93.12 m² floor area
390 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Banks over the last 12 months, the estimated median property value of 7 Reader Ct is $780k.

Median value
$780k
Estimated value range
$675k - $1m
Median days on market
15
Estimated value trend
8%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Banks. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 7 Reader Ct

2025
Sold
$715,000
Sold Before Auction on 16 Oct 2025 by Ben Holder, of Jonny Warren Properties
2024
Rented
Undisclosed
Leased on 23 Sep 2024 by ARCHER
2023
Rented
Undisclosed
Leased on 26 Apr 2023 by Ashby Partners Real Estate

Happy sellers in Banks

99%
99% of sellers in Banks reported that their sale price either exceeded or met their price expectations.

Banks stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 17 reviews in Banks over the last 12 months.

Local market activity for 3 bedroom houses in Banks

In the last 12 months, 26 three-bedroom houses similar to 7 Reader Ct, have been sold.

This represents a 26% increase in three-bedroom houses sales when compared to the previous 12 months.

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