40 Olive Pink Crescent, Banks, ACT 2906 sold on 05 March 2025 | OnTheHouse
SOLD
Sold on 05 Mar 2025 for $985,000

40 Olive Pink Crescent
Banks ACT 2906

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 186m2
Land area: 644m2
Save

Property Details for 40 Olive Pink Cres, Banks

40 Olive Pink Cres, Banks is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2005. The property has a land size of 644m2 and floor size of 186m2. While the property is not currently for sale or for rent, it was last sold in March 2025. There are other 4 bedroom House sold in Banks in the last 12 months.

Building Type
House
Year Built
2005
Floor Size
186m2
Land Size
644m2
Local Government
Tuggeranong
Lot/Plan
BANKS: Block 20, Section 115

Last Listing description (March 2025)

Available for a short-term lease only, this impeccably updated home boasts a refined, elevated design, offering a harmonious blend of modern elegance and functional living.

Situated in the highly desirable neighbourhood of Banks, the property features beautifully landscaped gardens, spacious living areas, and a large open kitchen, ideal for family living and entertaining. With its generous layout and quality finishes, this residence provides a perfect sanctuary in an enviable location.

Comfort is assured year-round with evaporative cooling, ducted gas heating, and excellent insulation in both the walls and ceiling. Natural light fills the open-plan living areas, creating a bright and inviting space, while ample storage solutions are thoughtfully integrated throughout the house.

The gorgeous kitchen is a standout feature, offering Caesarstone benchtops, Westinghouse appliances, an induction cooktop, and soft-closing cupboards. Thoughtfully designed, it includes a built-in range hood, USB ports, a pantry with pull-out drawers, and plenty of bench space. Practical touches like a large fridge space, a built-in bin, and corner cupboards enhance the kitchen's functionality.

Outside, the property continues to impress. The 9.9kW solar system and irrigated garden beds and pots support sustainable living, while the landscaped backyard features a mix of dogwood trees that bloom beautifully in spring, a thriving Eureka lemon tree, and manicured hedges. The elevated backyard provides a stunning setting for outdoor entertaining, complete with a large pergola and beautiful airflow.

Features of this home include:
Four-bedroom, two bathroom home in ideal location
Evaporate cooling and ducted gas heating
Segregated master bedroom with walk-in wardrobe and ensuite
Bedroom two, three and four with built-in wardrobe
Updated kitchen with induction cooktop and oven, dishwasher and ample storage
Double garage
Easy maintenance gardens
Solar panels
Light-filled interior
Open-plan living?
Separate powder room
Great outdoor entertainment?

*Available for a 6-month lease only*

Located in the sought-after suburb of Banks, this property offers easy access to all of the amenities you need, including local shops, schools, and public transportation.

Available 17 April 2025
EER: Not known
Applicants are required to seek consent from the lessor to keep pets on the premises.

The property complies with the minimum ceiling insulation standard
This property does not include a pool
This property is not part of an embedded network

THINK THIS COULD BE YOUR NEW HOME?
1. Click on the "BOOK INSPECTION" button
2. Register your information and be kept informed of current or future opens via sms or email
3. If you do not register, we are unable to inform you of any time changes, cancellations or further inspection times

Disclaimer:
Please note that while all care has been taken regarding information and marketing information compiled for this rental advertisement, Luton Properties does not accept responsibility and disclaim all liabilities in regard to any errors or inaccuracies contained herein. We encourage prospective tenants to rely on their own investigation and in-person inspections to ensure this property meets their individual needs and circumstances.

Property History for 40 Olive Pink Cres, Banks, ACT 2906

A timeline of how this property has performed in the market
Last Sold
$985,000
05 Mar 2025
  • 13 Mar 2025
    Listed for Rent $800 / week
  • 05 Mar 2025
    Sold for $985,000
  • 13 Sep 2002
    Sold for $116,000
Commute Calculator

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.
There are currently 2 properties listed for sale, and 1 property listed for rent in Banks on OnTheHouse. According to Cotality's data, 76 properties were sold in the past 12 months in Banks.

Suburb Insights for Banks 2906

Market Insights
Banks Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Banks Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.