SOLD
Sold on 18 May 2024 for $847,500

1/36 Banks Street
Monterey NSW 2217

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 75m2
Land area: 1287m2
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Sold By
Liam Tsaprazis
McGrath Sans Souci
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Property Details for 1/36 Banks St, Monterey

1/36 Banks St, Monterey is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1965. The property has a land size of 1287m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Monterey in the last 12 months.

Building Type
Unit
Year Built
1965
Floor Size
75m2
Land Size
1287m2
Local Government
Bayside
Lot/Plan
1/SP1074

Last Listing description (July 2024)

Beautifully updated and exuding modern comfort, this wonderful ground floor apartment promotes a low maintenance lifestyle with bayside convenience. It's a short walk to local parks and Monterey Beach, while only minutes from shops, cafs and restaurants.

- Generous lounge and dining zone adjoining sunroom/office
- Bright and spacious interiors blanketed with easycare floors

- Stone kitchen enjoys premium appliances and breakfast bar
- Two comfortable bedrooms fitted with mirrored built-in robes
- Renovated bathroom equipped with quality shower and bath
- Perfect for owner-occupiers or those seeking solid investment
- Air conditioning, ceiling fans, internal laundry, linen cupboard
- Secure lock-up garage plus well maintained garden complex
- Short drive or bus ride into centre of Kogarah and Rockdale
- Nearby Grand Parade provides rapid links to airport and CBD

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Property History for 1/36 Banks St, Monterey, NSW 2217

A timeline of how this property has performed in the market
Last Sold
$847,500
18 May 2024
Listed for Rent
$480/w
09 Jun 2021
  • 18 May 2024
    Sold for $847,500
  • 22 Apr 2024
    Listed for Sale Sold $847,500
  • 08 May 2020
    Listed for Rent $480 / week
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About Monterey 2217

The size of Monterey is approximately 1.2 square kilometres. It has 7 parks covering nearly 26.5% of total area. The population of Monterey in 2011 was 4,330 people. By 2016 the population was 4,540 showing a population growth of 4.8% in the area during that time. The predominant age group in Monterey is 40-49 years. Households in Monterey are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Monterey work in a professional occupation. In 2011, 66.1% of the homes in Monterey were owner-occupied compared with 66% in 2016.

Monterey has 2,409 properties. Over the last 5 years, Houses in Monterey have seen a 51.81% increase in median value, while Units have seen a 26.59% increase. As at 31 October 2024:

  • The median value for Houses in Monterey is $1,993,043 while the median value for Units is $872,453.
  • Houses have a median rent of $938 while Units have a median rent of $620.
There are currently 6 properties listed for sale, and 4 properties listed for rent in Monterey on OnTheHouse. According to CoreLogic's data, 94 properties were sold in the past 12 months in Monterey.

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