3/7 Nernst PlaceBanks ACT 2906
Property Details for 3/7 Nernst Pl, Banks
3/7 Nernst Pl, Banks is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1992. The property has a land size of 3550m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in April 2025. There are other 3 bedroom Unit sold in Banks in the last 12 months.
Last Listing description (April 2025)
In a charming complex of only nine townhouses, this single level home has been transformed into a contemporary, light-filled retreat, with beautiful, landscaped courtyards. Renovated with attention to detail and custom touches throughout, it comprises a modern three-bedroom, one bathroom layout offering wide appeal for downsizers, investors, young couples and beyond. Walking distance to neighbourhood ovals and schools, and only a short drive to Lanyon Marketplace.
FEATURES
Single level townhouse in a boutique complex of 9
Fully renovated throughout with contemporary appeal
Three spacious bedrooms, all with built-in robes
Bathroom with separate toilet
Open plan living and dining room
Good sized kitchen with quality electric appliances
New hybrid flooring and carpet throughout
Split system heating and cooling
Single lock up garage with roller door and storage
Front and rear courtyard, both recently landscaped
Walking distance to neighbourhood ovals and Charles Conder Primary School
Short drive to Lanyon Marketplace and South.Point Tuggeranong
WHAT THE SELLERS LOVE ABOUT THE HOME
1. North facing captures the lovely winter sun.
2. Quiet, leafy area.
3. Close to schools and shops.
STATISTICS (all figures are approximate)
EER: 3.5
Living Area: 93m
Garage: 22m
Construction: 1992
Rates: $581/quarter
Land Tax: $777/quarter (only applicable if not primary residence)
Strata Levies: $770 per quarter (admin + sinking fund)
Homes in Complex: 9
Rental Range: $570 - $600 per week
Property History for 3/7 Nernst Pl, Banks, ACT 2906
- 02 Apr 2025Sold for $635,000
- 24 Oct 2024Listed for Sale $649,000+
- 04 Mar 2016Listed for Rent $355 / week
Recent sales nearby
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About Banks 2906
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 1,924 properties. Over the last 5 years, Houses in Banks have seen a 36.82% increase in median value, while Units have seen a 48.42% increase. As at 30 November 2025:
- The median value for Houses in Banks is $889,738 while the median value for Units is $654,578.
- Houses have a median rent of $645 while Units have a median rent of $565.
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