11/36 Banks StreetMonterey NSW 2217
Property Details for 11/36 Banks St, Monterey
11/36 Banks St, Monterey is a 2 bedroom, 1 bathroom Apartment. The property has a land size of 80.5m2. 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.
Last Listing description (December 2023)
A great opportunity for the Monterey buyer who values position and potential, this solid and well-maintained apartment will impress with its prime location and future promise. It is tucked away in a double brick security complex and comes with good proportions and plenty of potential to value add. The property is presented in comfortable order and has the scope to add some TLC or completely redesign to make it a fantastic home in a sought-after lifestyle location.
- Positioned in a quiet and wide street less than 200m to the beach
- Light and breezy interiors feature open plan living and ample storage
- Two bedrooms with ceiling fans plus an enclosed balcony/study
- Set within a well-maintained double brick complex with intercom
- Scope for a creative update, refresh or complete transformation
- A few minutes to bayside parks, beaches and foreshore tracks
- Easy access to local cafés, schools and transport to the city
Property History for 11/36 Banks St, Monterey, NSW 2217
- 07 Dec 2023Sold for $570,000
- 16 Nov 2023Listed for Sale AUCTION | Shaun Ramani
- 29 Jul 2022Listed for Rent $400 / week
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0About 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 2,410 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.
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