42 Olive Pink Crescent, Banks, ACT 2906 | Property Value & History | OnTheHouse
OFF MARKET

42 Olive Pink Crescent
Banks ACT 2906

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 194m2
Land area: 631m2
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Property Details for 42 Olive Pink Cres, Banks

42 Olive Pink Cres, Banks is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2004. The property has a land size of 631m2 and floor size of 194m2. While the property is not currently for sale or for rent, it was last sold in October 2021.

Building Type
House
Year Built
2004
Floor Size
194m2
Land Size
631m2
Local Government
Tuggeranong
Lot/Plan
BANKS: Block 21, Section 115

Last Listing description (June 2021)

Set over split levels, the property boasts breathtaking views from elevated the quiet loop street location.

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 covered entertaining area.

The kitchen features gas cooking, ample storage, a long island bench and walk-in pantry.

The master bedroom includes its own bathroom and walk-in robe while built-in robes service the remaining three large bedrooms.

The garden is secured with colorbond fencing and its great size makes for the perfect space for the children and furry loves to explore.

• Current weekly rent: $630pw
• Lease end date: 16 March 2022
• Option period available: 1 x up to 36 months
• Right-to-vary available: 1 x up to 12 months Reduction and 1 x up to 12 months Extension

DHA lease benefits
• DHA guarantee to pay the rent even if the property is vacant.
• DHA Property Care, an all-inclusive service fee, covers a range of property-related services.
• The property is cleaned at the end of each tenancy period.
• The lessor may also be entitled to a lease-end make-good (refer to the DHA Lease Agreement)
• A rental floor may apply to the DHA Lease Agreement (applicable to specific lease editions and applies to commencement rent).

Property History for 42 Olive Pink Cres, Banks, ACT 2906

A timeline of how this property has performed in the market
Last Sold
$695,000
26 Oct 2021
  • 26 Oct 2021
    Sold for $695,000
  • 15 Sep 2021
    Listed for Sale By Negotiation
  • 21 May 2021
    Listed for Sale By Negotiation
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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 1,925 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:

  • The median value for Houses in Banks is $909,957 while the median value for Units is $651,557.
  • Houses have a median rent of $645 while Units have a median rent of $565.
There are currently 5 properties listed for sale, and 1 property listed for rent in Banks on OnTheHouse. According to Cotality's data, 75 properties were sold in the past 12 months in Banks.

Suburb Insights for Banks 2906

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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.