SOLD
RECENT ADVICE
Sold on 19 Feb 2024 for $730,000

19/53-55 Banks Street
Monterey NSW 2217

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 19/53-55 Banks St, Monterey

19/53-55 Banks St, Monterey is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in Monterey in the last 12 months.

Building Type
Unit

Last Listing description (February 2024)

This modern North East facing two-bedroom beachside apartment is conveniently located approximately 500m from Lady Robinsons Beach and coastal walking tracks. Boasting built-in wardrobes, ample storage, and a split system air conditioning unit in the living room, it offers both functionality and comfort. with the inclusion of a lock-up garage, and a practical internal laundry. Enjoy two, balconies one private balcony connected to the main bedroom and the other off the living area, filling the space with light. Ideal for the astute investor or first home buyer, schedule a viewing today and make this renovated unit your new home!

Property History for 19/53-55 Banks St, Monterey, NSW 2217

A timeline of how this property has performed in the market
Last Sold
$730,000
19 Feb 2024
Listed for Rent
$460/w
21 Jan 2022
  • 12 Feb 2024
    Sold for $730,000
  • 10 Feb 2024
    Listed for Sale SOLD By Nick Reskakis & Jonathan Kollias
  • 10 Dec 2021
    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 2,410 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.
There are currently 5 properties listed for sale, and 5 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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Contact agent
Nick (Nicolaos) Reskakis
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Jonathan Kollias
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PRD Real Estate Kogarah
Preferred contact:
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.