OFF MARKET

1/42 Banks Street
Monterey NSW 2217

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 78m2
Land area: 943m2
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Property Details for 1/42 Banks St, Monterey

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.

Building Type
Unit
Year Built
1963
Floor Size
78m2
Land Size
943m2
Local Government
Bayside
Lot/Plan
1/SP411

Last Listing description (January 2023)

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

Combined lounge/dining zone faces east and enjoys a pleasant aspect
Great-sized gourmet kitchen with breakfast bar
Two carpeted and quietly placed bedrooms - main with built-in robe
Sparkling bathroom tiled floor-to-ceiling with frameless walk-in shower
Linen press, double brick block, pets welcome upon strata approval
Sought-after locale with airport and St George Hospital in effortless reach
Minutes to schools, childcare and Hurstville/Sans Souci/Miranda buses
Brighton-Le-Sands cafes + restaurants and shopping centres nearby

Property History for 1/42 Banks St, Monterey, NSW 2217

A timeline of how this property has performed in the market
Last Sold
$675,000
11 Oct 2022
  • 11 Oct 2022
    Sold for $675,000
  • 08 Aug 2022
    Listed for Sale Expressions of interest
  • 21 Jun 2016
    Sold for $599,000
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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 5 properties listed for sale, and 5 properties listed for rent in Monterey on OnTheHouse. According to CoreLogic's data, 95 properties were sold in the past 12 months in Monterey.

Suburb Insights for Monterey 2217

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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.