2/50 Banks St, Monterey is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1961. The property has a land size of 1347m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in June 2018.
Perfectly positioned for a lifestyle of relaxed coastal convenience, this generous light filled apartment offers truly broad appeal. It is located 170 metres from the shores of Botany Bay, and just moments to waterside restaurants, cafes and amenities.
- Elevated first floor position in solid double brick complex
- Polished timber floors with additional study nook
- Open plan living/dining area extends to a sunlit balcony
- Bright kitchen with granite benchtops and tiled splashbacks
- Two queen sized bedrooms with mirrored built-in wardrobes
- Neat fully tiled bathroom with internal laundry facilities
- Well maintained garden complex with security intercom entry
- Beautifully presented home, readymade investment opportunity
- Single lock-up garage with additional car space for use
- Easy stroll to Brighton-Le-Sands shops and buses to the city
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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