Back 5 Prentice Place
Off Market

5 Prentice Place

Banks ACT 2906

3
1
4
95 m²
776 m²
House
Last sold for $881,000
Luke LindleyLuke Lindley, last sold this property on 24 October 2025 after 15 days on market.

Overview

Neat As a Pin, Ready to Move In!

5 Prentice Place is the perfect entry point into the market, a home that’s been lovingly maintained and offers incredible potential to make it your own. Positioned at the end of a quiet cul-de-sac and sitting on a generous 776m² block, this immaculate three-bedroom residence is ready to move straight into and enjoy from day one. Inside, the home offers 95m² of comfortable living, with carpeted bedrooms and living spaces that have been exceptionally cared for. Each bedroom includes built-in robes, while the bathroom presents beautifully with a full-size bathtub and separate toilet, perfect for young families or guests. The kitchen features a functional U-shaped layout with a gas cooktop, oven, double sink, and breakfast bar, connecting seamlessly to both the dining area and the covered outdoor patio. There’s an effortless flow between indoor and outdoor living here, with the patio and backyard setting the stage for family barbecues, summer evenings, and Christmas celebrations at home. The outdoor space is already complete, offering a flat, secure yard with lush grass for kids or pets to play safely, and a spa where you can unwind and relax after a long day. With no work needed, you can simply move in and start enjoying the lifestyle on offer. Additional features include slate flooring in high-traffic areas for easy maintenance, a separate laundry with extra storage and backyard access, and two reverse-cycle air conditioners ensuring year-round comfort. The property also boasts a remarkable four-car garage with high ceilings, mezzanine storage, a toilet, and a flexible area that could serve as a parents’ retreat or rumpus room. With multiple secure off-street parking options, a large Colorbond fence with swing gate access, and plenty of space for boats, trailers, or weekend toys, this home delivers lifestyle and practicality in equal measure. 5 Prentice Place provides quick access to key South Canberra roads such as Tharwa Drive and Drakeford Drive. Walk to schools, local shops, nature trails, ovals, and amenities, embracing the epitome of well-planned, family living. Neat, inviting, and full of potential, this home offers the ideal foundation to create the home you’ve always wanted without the hard work. Key figures: • 3-Bedrooms, 1-bathroom, 4-car garage • 95m² Internal living • 115m² Garage • 776m² Block • EER of 2 star • UCV $439,000* • General Rates: $2,722 approx. per annum* • Land Tax: $4,650 approx. per annum* (if utilised as an investment) Features: • The perfect entry-level home, beautifully maintained and ready to move straight in with plenty of scope to personalise • All bedrooms feature built-in robes, plus a well-presented bathroom with a full bathtub and separate toilet • A functional U-shaped kitchen with gas cooktop, oven, double sink, and breakfast bar, flowing seamlessly to the dining area and outdoor patio • Excellent indoor–outdoor connection, with a covered entertaining area and a flat, secure backyard featuring lush lawn and a relaxing spa • Additional features include slate flooring in high-traffic areas, a separate laundry with extra storage, and two reverse-cycle air conditioners for year-round comfort. • A standout four-car garage with high ceilings, mezzanine storage, toilet, and a versatile rumpus or retreat space • Multiple secure off-street parking options, a large Colorbond fence with swing gate access, and plenty of room for boats, trailers, or weekend toys • 4000L Water tank and garden shed tucked away in the backyard • Well-sited home with the ability to extend up or out down the track Location: • Conveniently located, less than a few minutes' drive to Drakeford Drive and Tharwa Drive, providing easy access to South Canberra and the City • 10-minute drive to Tuggeranong CBD for shopping, dining, and entertainment • A quick 25-minute drive to Canberra City and the Airport • Enjoy proximity to reputable local schools • Within a short stroll, discover the nature reserves and mountain trails Disclaimer: The material and information contained within this marketing is for general information purposes only. AM Property Agency does not accept responsibility and disclaims all liabilities regarding any errors or inaccuracies contained in the above copywrite. We strongly encourage interested parties to make their own independent enquiries. Interested parties should not rely upon this material as a basis for making any formal decisions.

Features

3 bedrooms
1 bathroom
4 carspaces
4 garage spaces
95 m² floor area
776 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Banks over the last 12 months, the estimated median property value of 5 Prentice Place is $780k.

Median value
$780k
Estimated value range
$675k - $1m
Median days on market
15
Estimated value trend
8%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Banks. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5 Prentice Place

2025
Sold
$881,000
Auction Sale on 24 Oct 2025 by Luke Lindley, of AM Property Agency
2015
Sold
$385,000
Private Sale/Treaty on 08 May 2015 by Nitish Kumar, of The Property Collective

Happy sellers in Banks

99%
99% of sellers in Banks reported that their sale price either exceeded or met their price expectations.

Banks stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 17 reviews in Banks over the last 12 months.

Local market activity for 3 bedroom houses in Banks

In the last 12 months, 26 three-bedroom houses similar to 5 Prentice Place, have been sold.

This represents a 26% increase in three-bedroom houses sales when compared to the previous 12 months.

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