5 Olive Pink Cres, Banks is a 5 bedroom, 2 bathroom House with 2 parking spaces and was built in 1993. The property has a land size of 836m2 and floor size of 228m2. While the property is not currently for sale or for rent, it was last sold in April 2017.
Beautifully presented elevated single level, five bedroom ensuite family home situated in the hills of Banks with sweeping views and backing on to reserve. Situated less than a 15 minute walk to the local shops, 5 minutes from Lanyon Market Place and only 12 minutes from the Tuggeranong Town centre. Close to major bus routes, schools and nature reserve.
New carpets and freshly painted throughout.
At the heart of the home is a fabulous kitchen that will impress even the fussiest of cooks with ample bench and cupboard space, gas cooktop, dishwasher and breakfast bar. Off the kitchen is the large open-plan family and meals with floating timber floorboards. The family/meals opens out to the covered outdoor entertaining area and easy care, landscaped backyard.
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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