2/40 Banks StreetMonterey NSW 2217
Property Details for 2/40 Banks St, Monterey
2/40 Banks St, Monterey is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1963. The property has a land size of 944m2 and floor size of 63m2. While the property is not currently for sale or for rent, it was last sold in October 2014.
Last Listing description (April 2024)
Located in a well sought after area, this ground floor unit offers:
2 good sized bedrooms both with built ins
Open plan living area opening onto sunny balcony
Large modern bathroom with quality fittings
Split aircon in lounge/dining, good sized linen press, high ceilings and quality timber floors throughout
Lockup garage
Walking distance to beach, close to cafes, restaurants, schools, hospitals and airport.
No pets.
Available from 3 May 2024.
References essential.
Property History for 2/40 Banks St, Monterey, NSW 2217
- 08 Apr 2024Listed for Rent $590 / week
- 11 Mar 2022Sold
- 07 Apr 2021Listed for Rent $480 / 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 2,413 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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