OFF MARKET

12/50 Banks Street
Monterey NSW 2217

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 78m2
Land area: 1347m2
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Property Details for 12/50 Banks St, Monterey

12/50 Banks St, Monterey is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1961. The property has a land size of 1347m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in January 2020.

Building Type
Unit
Year Built
1961
Floor Size
78m2
Land Size
1347m2
Local Government
Bayside
Lot/Plan
12/SP30

Last Listing description (July 2019)

Recently renovated and boasting in natural sunlight is this beautiful two bedroom apartment which is positioned on the first floor with minimal stairs.

Features of the home:

*Brand new timber flooring throughout
*Two generous sized bedrooms with built-in wardrobes
*Main bedroom with north facing balcony
*Spacious living and dining room with air-conditioning
*Polyurethane kitchen with stainless steel appliances
*Stylish bathroom with internal laundry facilities
*Remote single garage and external laundry

Located in the sought after suburb of Monterey this apartment will tick all the boxes for all your looking for in a property.

For further inquiries please email kevin.cipi@century21.com.au

Please check our listing prior to inspection day as the open inspection time may be changed due to a holding deposit being received.

Property History for 12/50 Banks St, Monterey, NSW 2217

A timeline of how this property has performed in the market
Last Sold
$695,000
31 Jan 2020
Listed for Rent
$530/w
01 Jul 2019
  • 31 Jan 2020
    Sold for $695,000
  • 07 Jan 2020
    Listed for Sale Not Disclosed
  • 17 May 2019
    Listed for Rent - Price not available
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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 6 properties listed for sale, and 4 properties listed for rent in Monterey on OnTheHouse. According to CoreLogic's data, 96 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.