1/42 Banks St, Monterey is a 2 bedroom, 1 bathroom Unit and was built in 1963. The property has a land size of 943m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in October 2022.
Set for ultimate convenience and appointed for classic comfort, this 2 bedroom first floor filled with natural light is this beautifully modernised apartment makes a brilliant beachside base for the dynamic professional or active downsizer. Fresh and low-maintenance with a stylish finish throughout, it's equally suitable for young parents as a stepping stone on your family journey - boasting robust floating floorboards in the living area, a peaceful balcony with access from both bedrooms, and close proximity to local parks and playgrounds. Complete with air-conditioning and a great-sized gourmet kitchen, this solid and spacious home is ready to enjoy only moments from transport links and the Botany Bay foreshore.
Features:
Fantastic lifestyle opportunity for the new buyer, or a superb investment
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:
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