OFF MARKET

1/52-54 Banks Street
Monterey NSW 2217

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 93m2
Land area: 1197m2
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Property Details for 1/52-54 Banks St, Monterey

1/52-54 Banks St, Monterey is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2002. The property has a land size of 1197m2 and floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in April 2001.

Building Type
Unit
Year Built
2002
Floor Size
93m2
Land Size
1197m2
Local Government
Bayside
Lot/Plan
1/SP68974

Last Listing description (March 2022)

Make a stylish debut into the exclusive Monterey property market with this gorgeous as-new apartment. Quietly poised at the rear of the block, the home captures a northerly aspect from its open-plan living area and terrace-sized balcony. A neutral palette and oak-toned floorboards complement the coastal location, which is also footsteps from busses and a stroll from cafes.

- Two spacious bedrooms, main with built-in wardrobe
- Large open-plan lounge and dining zone adjoining the kitchen

- Contemporary oak-toned floorboards and ceiling fan
- Immaculate bathroom with separate bath and shower, internal laundry with second WC
- Large kitchen boasting generous storage space, granite benchtops and gas cooking
- Sizeable covered terrace flowing off the living space
- Lock-up garage
- Quiet street just footsteps from the beach and busses, a stroll from shops and cafes

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Property History for 1/52-54 Banks St, Monterey, NSW 2217

A timeline of how this property has performed in the market
Last Sold
$240,000
23 Apr 2001
Listed for Rent
$510/w
04 Mar 2022
  • 28 Feb 2022
    Listed for Rent $510 / week
  • 31 Jan 2022
    Listed for Sale FOR SALE | GEORGE KAMBOUROGLOU
  • 26 Oct 2020
    Listed for Rent $550 / 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 5 properties listed for sale, and 7 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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