2/41-43 Banks St, Monterey is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1968. The property has a land size of 1353m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in April 2016.
AN EXQUISITE COMBINATION OF SPACE, LIGHT AND LOCATION. THIS APARTMENT IS POSITIONED IN A HIGHLY SOUGHT AFTER LOCATION AND CONVENIENTLY POSITIONED BETWEEN BRIGHTON LE SANDS AND RAMSGATE BEACH. IT OFFERS CONVENIENCE AND TRANQUILLITY WITHIN WALKING DISTANCE TO ALL LIFESTYLE AMENITIES. * GROUND LEVEL ACCESS WITH 2 ENTRANCES * 2 GENEROUSLY SIZED BEDROOMS WITH BUILT INS * OPEN PLAN KITCHEN WITH QUALITY APPLIANCES * BEAUTIFUL SHADOW LINE CEILINGS THROUGHOUT * DOWNLIGHTS AND AIR CONDITIONED * LARGE SEPARATE LOUNGE AND DINING AREA * QUALITY TIMBER FLOORING THROUGHOUT * GARDEN BALCONY WITH A LEAFY OUTLOOK * RENOVATED INTERNAL LAUNDRY AND WC * OVERSIZED DOUBLE LOCK UP GARAGE AN EXCELLENT HOME OR STRONG INVESTMENT OPTION.
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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