4 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 869m2 and floor size of 210m2. While the property is not currently for sale or for rent, it was last sold in July 2022.
Located in a convenient, elevated location sits this spacious, family home with a fabulous floor plan.
From a gourmet kitchen to well configured living areas and bedrooms, to stunning views from the spacious deck to an amazing, separate workshop, storage space plus water tanks for the gardeners this home most definitely offers something for everyone!!
Let's take a walk through the home, shall we?
Double doors offer a grand entrance into the foyer which leads to the formal open plan lounge and dining rooms. This area is not only light filled but is large enough to give you the freedom to configure your furnishings as you wish.
The family and meals areas are also spacious and wrap around the well-equipped, functional, family kitchen.
There is ample space here to have both designated informal dining area plus a tele and some comfy couches for relaxation and family interaction at the end of the day.
The kitchen offers an abundance of storage and preparation space including an island bench, gas cooking, range hood and a dishwasher and is configured to allow the family to meal prep and cook together.
Doors from the family room flow out to the spacious deck which wraps around the side and rear of the home. The deck is constructed of merbau and is fitted with a gas outlet, rails, cables, roll down blinds and a colorbond roof with light panels and stunning views across the valley.
Protected from the elements, the deck is the perfect space for extended family living, outdoor entertaining and alfresco dining and is also practical as it conveniently houses two water tanks underneath.
Comfort and convenience are on offer with ducted gas heating, ducted evaporative cooling and gas Infinity hot water.
There is a 6.5 kw solar system which includes 24 Solar panels on the roof with insulation in both walls and ceilings to maximise the effect of the heating/cooling and to assist in keeping utility bills to a minimum. The current owners have not paid power, water, or sewerage bills since having the solar panels installed.
The main bedroom is extremely large and offers the convenience of a proportionately large ensuite and walk in robe as well.
The three minor bedrooms all have built in robes, pleasant aspects, and outlooks. Additional internal storage is provided by a walk-in linen cupboard.
The double garage is under the house and will accommodate two large vehicles with ease. It has a remote-controlled door, internal access, a large, separate workshop and storage area which will be a great addition for a tradie or Handyman.
Features Include:
Set in a convenient, elevated location with stunning, panoramic views
Beautifully presented and perfectly maintained, spacious family home
Double door entrance flows through to formal and informal living areas
Four extremely large bedrooms, the main with ensuite and walk in robe
Well configured bathroom, ensuite and laundry in classic, neutral tones
Gourmet kitchen, island bench, gas cook top, electric oven, dishwasher
Space for family cooking with plenty of prep and storage space as well
Spacious family room and meals area with sliding doors out to the deck
Wrap around covered deck for alfresco dining and outdoor entertaining
Panoramic views over the valley add to the charm and serenity on offer
Creature comforts of Infinity hot water plus ducted heating and cooling
Bonus of 24 panel, 6.5 kW Solar System and historically zero power bills
Landscaped, easy care gardens plus two water tanks add to the appeal
Remote double garage with both separate workshop and storage areas
Located in a lovely, house proud street with easy access to all amenities
Outgoings & Property Information:
Living size: 210 sqm
Garage size: 45.5 sqm
Block size: 868 sqm
Rates: $2,581 per annum
Land tax (if rented): $3,533 per annum
UCV: $369,000
Year Built: 2005
EER: 3.5
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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