8/7 Nernst Pl, Banks is a 3 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1992. The property has a floor size of 94m2.
Located in a small complex of nine, this attractive townhouse offers north facing light filled open plan living. Featuring three bedrooms all with built in robes, a neat kitchen with stainless steel electric cooking and a separate bathroom, toilet and laundry that can be closed off from the main living area. Stay warm with electric wall heating to the living area and cool with ceiling fans in all the rooms. The two courtyards are low on maintenance and fully enclosed. A 10 panel solar system and a single garage with automatic door are all extra features you will really appreciate. Great location close to Lanyon Market Place, schools, ovals, parks and transport.
Features of the home include:
* Neat kitchen with electric appliances
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:
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