20/157-159 The Grand Parade Monterey NSW 2217
Property Details for 20/157-159 The Grand Parade, Monterey
20/157-159 The Grand Parade, Monterey is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1967. The property has a land size of 1942m2 and floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 2 bedroom Unit sold in Monterey in the last 12 months.
Last Listing description (July 2024)
A prime bayside location within a stroll to the surf, sand and cafe scene will be a major drawcard for buyers looking for a potential-packed property with elevated views to the water. Set on the top floor of a well-managed brick complex, it features good proportions throughout with many original details and lots of future scope. Here is an opportunity where a creative update or renovation could add fantastic value and make a superb living space in a popular lifestyle setting directly opposite Lady Robinson Beach, and strolling distance to all the action at nearby Brighton-Le-Sands.
- An elevated aspect with Brighton Beach views from the balcony
- Two generous bedrooms plus a bathroom and shared laundry
- Basic original kitchen featuring excellent storage and workspace
- Set within a well-maintained brick complex with a garage on title
- Ideal first home or investment with scope to update and add value
- The bus stop is located within a few footsteps from the front door
Property History for 20/157-159 The Grand Parade, Monterey, NSW 2217
- 29 Nov 2023Sold for $600,000
- 18 Oct 2023Listed for Sale Not Disclosed
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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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