11/45-47 Banks StreetMonterey NSW 2217
Property Details for 11/45-47 Banks St, Monterey
11/45-47 Banks St, Monterey is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1965. The property has a land size of 1366m2 and floor size of 54m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 1 bedroom Unit sold in Monterey in the last 12 months.
Last Listing description (November 2024)
Positioned at the rear of a boutique block of 14, this private apartment is perfect for those seeking a retreat within the bayside enclave of Monterey. It's a short stroll from the beach and popular walking paths, while also handy for cafs and restaurants.
- Strong double brick construction with only one common wall
- Generous layout presents combined lounge and dining zone
- Easy access to covered balcony with calming leafy outlooks
- Stone kitchen equipped with electric appliances, stove/oven
- Generously sized bedroom blessed with comfort and privacy
- Fully tiled bathroom with shower, bathtub and laundry to rear
- Low maintenance property will greatly appeal to many buyers
- An astute investment with strong growth and rental prospects
- Designated lock-up garage and plenty of street parking spots
Property History for 11/45-47 Banks St, Monterey, NSW 2217
- 10 Oct 2024Sold for $600,000
- 02 Sep 2024Listed for Sale Sold $600,000
- 18 Aug 2020Listed for Rent - Price not available
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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 2,415 properties. Over the last 5 years, Houses in Monterey have seen a 59.12% increase in median value, while Units have seen a 26.84% increase. As at 30 November 2024:
- The median value for Houses in Monterey is $2,238,157 while the median value for Units is $886,980.
- Houses have a median rent of $910 while Units have a median rent of $620.
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