18/53-55 Banks St, Monterey is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1965. The property has a land size of 2009m2 and floor size of 63m2. While the property is not currently for sale or for rent, it was last sold in August 2023.
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Updated middle floor unit in well maintained security building. Boasting new paint, blinds and carpet. combined living and dining opening onto balcony, updated kitchen with new appliances, generous size master bedroom, second bedroom with built in robe, neat and bright updated bathroom . Single lock up garage on title and all within easy level walk to Lady Robinsons Beach, transport and shops.
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:
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