Banks at a glance
5,043
People
$912,500
Median sale
$424/wk
Median rent
2.42%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
ACT › Banks › Olive Pink Cres
4
Bedrooms
2
Bathrooms
2
Car spaces
930 m²
Land
280 m²
Building
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
No recorded sale price for this property yet.
Local land rate: recorded House sales in Banks (last 5 years) with land size have a median of $1,481/m² of land (n=27). Districts calculation from recorded sales — not a valuation.
Banks at a glance
5,043
People
$912,500
Median sale
$424/wk
Median rent
2.42%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
ACTPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $424/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. This jurisdiction has no comparable official bond series in the free set.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Banks at a glance
5,043
People
$912,500
Median sale
$424/wk
Median rent
2.42%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Canberry PropertiesWelcome to 54 Olive Pink Crescent – a beautifully presented family home set on a generous 930m² block tucked away in a quiet, elevated position. Offering the perfect blend of space, comfort, and style, this residence is designed to suit every stage of family life.
From the moment you arrive, the home's striking street presence creates a warm welcome. Step inside to discover a beautifully considered floor plan featuring multiple living zones, soaring ceilings, and a flood of natural light that instantly makes the home feel inviting. The sunlit formal lounge at the front is a serene space to entertain guests or unwind with a good book, while the formal dining room offers versatility – and could also act as the perfect work-from-home space.
At the heart of the home, the open-plan family and meals area flows effortlessly into the well-appointed kitchen, offering ample storage and generous bench space making it the ideal place for the busy family, and a space to gather, connect, and create memories.
In a separate wing, you'll love the four very spacious bedrooms, three with built-in robes. The main bedroom is a private retreat featuring a walk-in robe and ensuite, while the main bathroom offers a separate bath, shower, and toilet to easily cater for the whole family.
Enjoy year-round entertaining in the covered alfresco area, the perfect spot to gather with family or unwind while the kids play in the expansive, fully fenced backyard. The double brick garage with internal access offers excellent convenience, enhanced by soaring ceilings that provide extra space for parking or storage. The home also features a family-friendly laundry, thoughtfully designed with ample bench space and additional storage.
Beautifully renewed inside and out, this home radiates a fresh, inviting atmosphere with its full repaint, plush new carpet underfoot, and elegantly restored timber floors that add warmth and character to every room.
All this, and just minutes from local schools, shops, public transport, and walking trails, this home delivers the ultimate family-friendly lifestyle in an unbeatable location.
Whats on offer.....
• Positioned on a generous 930m² block in a quiet, elevated location
• Impressive street appeal with a beautifully presented exterior
• Multiple living zones with soaring ceilings and abundant natural light
• Sun-filled formal lounge and dining room at the front of the home
• Spacious open-plan family and meals area seamlessly connected to the kitchen
• Well-appointed kitchen with excellent storage and generous bench space
• Four bedrooms located in a separate wing, three with built-in robes
• Main bedroom features a walk-in robe and ensuite
• Family bathroom with separate bath, shower, and toilet
• Covered alfresco area perfect for entertaining
• Large, fully fenced backyard ideal for kids and pets
• Double brick garage with internal access plus additional off-street parking
• Close to schools, shops, public transport, and walking trails – a true family-friendly location
Property Facts.....
• Built 2005
• Designed by Michael Piscone
• Built by Regal Homes
• Block Size: 930m2 (approx.)
• Living Size: 203.9m2 (approx.)
• Garage Size: 41.1m2 (approx.)
• Alfresco: 26.9m2 (approx.)
• Porch: 7.7m2 (approx.)
• Total Size: 279.9m2 (approx.)
• UV: $555,000
• EER: 3.5
• Gas Heating/ Evaporative Cooling
• Rates: $860.25 per quarter (approx.)
• Land Tax (if rented): $1,610.78 per quarter (approx.)
• Rental Appraisal: $800 - $820 per week (approx.)
Disclaimer:
The material and information contained within this marketing is for general information purposes only. Canberry Properties does not accept responsibility and disclaim all liabilities regarding any errors or inaccuracies contained herein. You should not rely upon this material as a basis for making any formal decisions. We recommend all interested parties to make further enquiries.
Listing description written by Melissa Martin-Smith, Canberry Properties — reproduced as published, not verified by Districts.