4/7 Nernst PlaceBanks ACT 2906
Property Details for 4/7 Nernst Pl, Banks
4/7 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 314m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in May 2012.
Last Listing description (October 2026)
Privately positioned on the corner of a complex of just nine townhouses, this single-level home delivers contemporary style, abundant natural light and an impressive amount of outdoor space. North-facing, it offers a rare combination of privacy, comfort and low-maintenance living, making it an ideal choice for downsizers, first-home buyers, young families and investors alike.
The home features a light-filled open-plan living and dining area, enhanced by split-system heating and cooling for year-round comfort. The open plan kitchen has been cleverly opened up from its original enclosed design, creating a spacious and welcoming hub.
Accommodation includes three spacious bedrooms, all with built-in wardrobes featuring mirrored sliding doors. The sun-filled main bedroom includes a north facing aspect, while updated flooring throughout, ceiling fans in two bedrooms and fresh paint inside and out add to the home's contemporary appeal.
Located within walking distance of local parks, neighbourhood ovals and Charles Conder Primary School, and just a short drive from Lanyon Marketplace and South.Point Tuggeranong, this move-in-ready home offers lifestyle and convenience in equal measure.
Features
One of the largest townhouses in the complex
Complex of only nine townhouses
Private corner position with north-facing aspect
Single-level design with minimal steps
Three spacious bedrooms with mirrored built-in wardrobes
Ceiling fans in two bedrooms
Open-plan living and dining area filled with natural light
Modern kitchen with induction cooktop, quality electric appliances and generous bench space
Separate toilet and laundry
Split-system heating and cooling
Recently repainted internally and externally
Ceiling insulation for year-round efficiency
Exceptional outdoor entertaining space
Single lock-up garage with storage
Additional allocated parking space
Close proximity to parks, ovals and Charles Conder Primary School
Short drive to Lanyon Marketplace and South.Point Tuggeranong
EER: 5.5
Living Area: 94 sqm
Land Area: 314 sqm
Rates: $2,767 pa (approx)
Land Tax: $3,796 pa (approx)
Nearby:
Charles Conder Primary
Lanyon High School
Lake Tuggeranong College
St Mary MacKillop College
Lanyon Market Place
South.Point Tuggeranong
Property History for 4/7 Nernst Pl, Banks, ACT 2906
- 22 Oct 2026Listed for Sale $649,000+
- 02 May 2012Sold for $335,000
- 11 Nov 2006Sold for $266,000
Recent sales nearby
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0About Banks 2906
The size of Banks is approximately 2.3 square kilometres. There are 8 parks, covering nearly 13.3% of the 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 30-39 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 1,930 properties. Over the last 5 years, Houses in Banks have seen a 14.66% increase in median value, while Units have seen a 18.99% increase. As at 30 September 2026:
- The median value for Houses in Banks is $905,860 while the median value for Units is $664,114.
- Houses have a median rent of $675 while Units have a median rent of $560.
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