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.
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).
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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