SOLD
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Sold on 07 Dec 2023 for $570,000

11/36 Banks Street
Monterey NSW 2217

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Land area: 80.5m2
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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.

Building Type
Apartment
Land Size
80.5m2
Local Government
Bayside
Lot/Plan
11/SP1074

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

- Functional kitchen, renovated full bathroom and internal laundry
- 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

A timeline of how this property has performed in the market
Last Sold
$570,000
07 Dec 2023
Listed for Rent
$400/w
23 Aug 2022
  • 07 Dec 2023
    Sold for $570,000
  • 16 Nov 2023
    Listed for Sale AUCTION | Shaun Ramani
  • 29 Jul 2022
    Listed for Rent $400 / 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 2,408 properties. Over the last 5 years, Houses in Monterey have seen a 73.38% increase in median value, while Units have seen a 26.46% increase. As at 30 September 2024:

  • The median value for Houses in Monterey is $2,260,440 while the median value for Units is $862,747.
  • Houses have a median rent of $925 while Units have a median rent of $600.
There are currently 7 properties listed for sale, and 3 properties listed for rent in Monterey on OnTheHouse. According to CoreLogic's data, 100 properties were sold in the past 12 months in Monterey.

Suburb Insights for Monterey 2217

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Contact agent
Shaun Ramani
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Aari Bouboulos
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Stone Real Estate Sans Souci
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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.