16 Olive Pink Cres, Banks is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1992. The property has a land size of 784m2 and floor size of 185m2. While the property is not currently for sale or for rent, it was last sold in May 2020.
Spectacularly located in a tranquil street in Banks, at the base of Rob Roy Nature Reserve overlooking the Tuggeranong Valley, is this fantastic 4 bedroom home.
Set over split levels, the property boasts breathtaking views from the back of the house while offering all the space a family could need.
At the front, the modern faade is delightful with its landscaped gardens and paved stone driveway leading to a double lock up garage with internal access.
Inside you''ll find multiple living areas including a formal lounge and dining room, and an open plan kitchen, meals and family area that leads out to a fabulous elevated entertaining deck. The kitchen features gas cooking, ample storage, a long island bench, plus a beautiful outlook.
Peacefully segregated at the front of the home is a spacious Master Bedroom complete with a walk-in robe and ensuite. The oversized second bedroom has a built-in robe and direct access to the rear deck, while bedrooms 3 and 4 also feature built-in robes and easy access to a generous main bathroom with separate toilet.
Overlooking a grassed backyard with established gardens, the rear timber deck will wow friends and family as you host weekend get-togethers and share your impressive view over south Canberra.
Side gate access to the rear, solar panels, and efficient heating and cooling make this remarkable home the perfect find for any family.
Features:
- Generous 783sqm block
- Sought after street in Banks
- Breathtaking views of the Valley
- Formal lounge and dining
- Open plan kitchen, meals and family room
- Kitchen with gas cooking, island bench and beautiful outlook
- Segregated Master Bedroom with walk-in robe and ensuite
- Oversized second bedroom with access to rear deck
- Bedrooms 3 and 4 with built-in robes
- Main bathroom with bath and separate toilet
- Large laundry with external access
- Ceiling fans
- Downlights
- Evaporative cooling
- Ducted gas heating
- Spectacular covered outdoor entertaining deck with high ceiling
- Grassed backyard with established gardens
- Garden shed
- Side access to rear
- Solar panels
- Double garage with remote access
- At the base of Rob Roy Nature Reserve
- Short drive to local shops and schools
- Easy access to the Monaro Highway and Southpoint Tuggeranong
- 185m2 house, 36m2 garage, 76m2 outdoor covered living, 783m2 block
The size of Banks is approximately 2.3 square kilometres. It has 8 parks covering nearly 13.3% of total area. The population of Banks in 2016 was 4967 people. By 2021 the population was 5100 showing a population growth of 2.7% in the area during that time. The predominant age group in Banks is 40-49 years. Households in Banks are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Banks work in a clerical occupation.In 2021, 81.00% of the homes in Banks were owner-occupied compared with 78.10% in 2016.
Banks has 1,925 properties. Over the last 5 years, Houses in Banks have seen a 38.84% increase in median value, while Units have seen a 37.98% increase. As at 31 December 2025:
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