SOLD
RECENT ADVICE
Sold on 20 Dec 2023 for $730,000

1/39 Banks Street
Monterey NSW 2217

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 1/39 Banks St, Monterey

1/39 Banks St, Monterey is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom Apartment sold in Monterey in the last 12 months.

Building Type
Apartment
Local Government
Bayside
Lot/Plan
1/SP581

Last Listing description (December 2023)

Revealing beautiful sleek finishes across easy care interiors, promises you a fantastic lifestyle opportunity in an ultra-convenient address. Whether you're an investor or first home buyer.

Features include:
- 2 spacious bedrooms complete with built in robes

- Light filled refreshed interiors, high ceilings
- Tastefully refurbished ground floor apartment
- Combined lounge & dining area with balcony access
- Stylish kitchen provides stone bench tops & new appliances
- Family bathroom & laundry
- Well maintained security intercom building
- Lock up garage plus off-street parking
- Attractive investment with strong rental return

The residence places you just footsteps from the beach, local shops and buses.

Property History for 1/39 Banks St, Monterey, NSW 2217

A timeline of how this property has performed in the market
Last Sold
$730,000
20 Dec 2023
Listed for Rent
$600/w
02 Feb 2024
  • 12 Jan 2024
    Sold for $710,000
  • 11 Jan 2024
    Listed for Rent - Price not available
  • 27 Nov 2023
    Listed for Sale Contact Agent
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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.

Suburb Insights for Monterey 2217

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Contact agent
Michael Kalinovski
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Ali Oksuz
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CENTURY 21 Bayview
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.