2/48 Banks StreetMonterey NSW 2217
Property Details for 2/48 Banks St, Monterey
2/48 Banks St, Monterey is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1966. The property has a land size of 2239m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in April 2017.
Last Listing description (April 2018)
Positioned within a well maintained and cared for complex, just metres to the beach, this villa style ground floor beach side apartment is awaiting your move in and makeover, or maintain the existing Tenant and keep as an ideal investment property.
Features include:
2 bedrooms
Ideal Investment property or home to live in
Unit area 76.2sqm
Balcony 5.6 sqm
LUG 13sqm
Total - 94.8sqm
Strata - $600pq
Property History for 2/48 Banks St, Monterey, NSW 2217
- 03 Apr 2017Sold for $320,000
- 27 Feb 2017Sold
- 07 Feb 2017Listed for Sale Auction | Mark Somboli
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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 2,409 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:
- 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.
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