Banks Property Group · Victoria

What is?
What could be?
What will be?

Banks Property Group identifies, evaluates and develops property opportunities.

We acquire property with possibility — and turn considered ideas into purposeful developments.

Submit an Opportunity ↗Explore our focus ↓
ACQUIRE. IMPROVE. DEVELOP.Established 2002Melbourne & regional Victoria
Our philosophy · Understand. Envision. Deliver.

From Existing to Realised

Every property has a present condition, a range of possibilities and a future shaped by the decisions made today.

At Banks Property Group, we seek to understand what exists, identify opportunities for improvement and develop the strategies required to turn potential into tangible property outcomes.

  1. 01 — EXISTING

    What is?

    Understand the asset.

    We examine the property's current condition, use, financial performance, market position and development constraints.

  2. 02 — POTENTIAL

    What could be?

    Reveal the possibilities.

    We explore alternative uses, subdivision, renovation, redevelopment, repositioning and other opportunities to create value.

  3. 03 — REALISED

    What will be?

    Deliver the outcome.

    We establish the preferred strategy, coordinate the required resources and work towards delivering the selected property outcome.

A developer’s perspective

Good property.
Greater possibility.

From existing assets with untapped potential to new development opportunities, our focus is on understanding what exists today, exploring what could be achieved and developing the strategies required to deliver better property outcomes.

Banks Property Group Pty Ltd is a property acquisition and development business focused on identifying what a site could become, understanding what it will take, and delivering a commercially considered outcome.

From a well-located subdivision to a renovation, a small residential development or an underused commercial asset, we look for opportunities where practical improvements can create lasting value.

Submit an Opportunity ↗How we assess an opportunity ↗
Our focus

Potential takes
many forms.

We focus on the opportunity within the asset, with a clear view of the market it will serve.

01 / LAND

Subdivision
& infill development

Sites with scope to create additional lots or dwellings. We consider access, servicing, planning constraints, local demand and the practical pathway to delivery.

Residential land · Infill sites · Underused blocks
02 / BUILT FORM

Renovation
& repositioning

Existing properties where a better layout, thoughtful refurbishment or a change in presentation can improve usability, appeal and market positioning.

Houses · Townhouses · Unit blocks
03 / NEW POSSIBILITIES

Value-add
& adaptive use

Residential, commercial and industrial assets with scope for a more productive use, improved accommodation or a stronger income profile, subject to feasibility and approvals.

Commercial · Industrial · Multi-income housing
A disciplined approach

See the upside.
Understand the detail.

Every project starts with a question: can we make this property work better?

Experience helps us see the possibility. Due diligence determines whether we proceed.

01

Identify & acquire

Find the right asset, assess its market position and negotiate an acquisition aligned with the proposed strategy.

02

Test the opportunity

Examine planning, title, access, servicing, demand, costs, timeframes and the proposed exit or holding strategy with relevant specialists.

03

Plan & deliver

Coordinate design, consultants, approvals and delivery around a practical scope, with cost and programme reviewed as the project progresses.

04

Realise the value

Prepare the completed asset for sale, leasing or longer-term ownership, guided by its intended market and the project objectives.

Selected past experience

A history of seeing
what comes next.

Examples drawn from the Banks Property Group project history, spanning Melbourne and regional Victoria.

Townhouse development

Charles Street

Two architecturally designed, two-storey town residences opposite a park.

Mount Waverley, Victoria
Renovation & extension

Bruce Street

Extension design for a period home and presentation for auction.

Toorak, Victoria
Land & subdivision

Buntins Road

Acquisition of approximately 130 acres and sale as individual lifestyle blocks.

Elphinstone, Victoria
Renovation & development

Richard Street

Acquisition, renovation, design and construction of a second unit.

Glen Waverley, Victoria
Property improvement

Henry Street

Renovation of an existing property, sold by auction.

Sandringham, Victoria
Site acquisition

Tuhans Road

Acquisition and on-sale of a development site.

Mount Waverley, Victoria
Acquisition & sale

Spenser Street

Purchase of a whole block of flats, repositioned and on-sold.

St Kilda, Victoria
Acquisition & design

Mitchelton Court

Purchase of a vacant block, design for a two-storey residence and sale.

Vermont South, Victoria
Renovation & development

Maple Street

Purchase and renovation, plus design and construction of a second unit.

Mount Waverley, Victoria
Residential land

Crystal Court

Purchase and sale of residential land.

Wheelers Hill, Victoria
Land acquisition & sale

Dougherty Court

Purchase of land in a new subdivision and subsequent on-sale.

Mulgrave, Victoria
Land acquisition & sale

Grantham Terrace

Purchase of land in a new subdivision and subsequent on-sale.

Mulgrave, Victoria
Property improvement

High Street

Purchase of a block of flats, repositioned and on-sold.

Moe, Victoria
Acquisition & sale

Airlie Bank Road

Purchase of eight townhouses, repositioned and on-sold.

Morwell, Victoria
Renovation & sale

Duncan Avenue

Purchase of a block of townhouses, improvement of the common areas and individual on-sale.

Seaford, Victoria

Historical examples reflect the scope described in our earlier company materials. They are not current listings or offers.

Acquisition opportunities

Have a property
we should look at?

We welcome introductions from property owners, agents and professional advisers. A modest site with a clear opportunity can be just as interesting as a larger project.

Submit an Opportunity ↗
LocationMelbourne and selected regional Victorian markets.
OpportunitySubdivision potential, renovation, infill development, underused buildings or assets suited to repositioning.
Useful detailsProperty address, land area, current use, price expectations, planning information and any existing plans or permits.
First stepA direct conversation to understand the property and whether it aligns with our acquisition focus.
Our story

Property experience.
Entrepreneurial thinking.

Scott BanksDIRECTOR · BANKS PROPERTY GROUP
Two men smiling together at a restaurant

Banks Property Group was founded in 2002 by brothers Drew and Scott Banks, bringing together their property backgrounds and an interest in identifying quality opportunities.

Today, the business is being shaped as a dedicated acquisition and development arm within Scott’s wider group of property businesses, with a focus on subdivision, development and value creation.

Scott draws on more than 30 years of experience as a licensed estate agent and auctioneer. That experience brings a practical understanding of buyers, occupiers, asset positioning and the decisions that influence a property’s outcome.

Our starting point remains simple: understand the property, understand the market, and find a sensible way to bring the two together.

Acquisition enquiries

Submit an
Opportunity

Speak directly with Scott about a site, an acquisition opportunity or a potential project.

0411 700 099 ↗scott@bankspropertygroup.com.au ↗Toorak, Melbourne · Victoria

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Website information is general in nature. Development potential depends on site-specific investigations, feasibility and relevant approvals. Historical projects are not a representation of future results.