2/42 Banks St, Monterey is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1963. The property has a land size of 943m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in November 1998.
Located in a highly sought after, beautifully presented and wide street, sits this hidden gem!
Steps from the beach, you won t want to miss out on what this lifestyle has to offer, located minutes from caf s, restaurants and all other amenities, you will be truly spoilt for choice. Offering a quaint balcony to enjoy all year round.
Three spacious bedrooms all with large windows, allowing light to filter through this neat apartment, with a built-in wardrobe in the main bedroom maximising comfort.
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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