20/53-55 Banks StreetMonterey NSW 2217
Property Details for 20/53-55 Banks St, Monterey
20/53-55 Banks St, Monterey is a 2 bedroom, 1 bathroom Unit and was built in 1965. The property has a land size of 2010m2 and floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in October 2023.
Last Listing description (December 2023)
Capturing leafy vistas and sparkling ocean glimpses, this bright and airy double brick apartment is a peaceful beachside retreat of both privacy and convenience. It's no more than 100 metres from the sands of Monterey Beach, with parklands and the promenade just as close.
- Open plan living/dining zone framed by tranquil leafy vistas
- North facing balcony captures dazzling glimpses of the ocean
- Built-ins to both bedrooms, north facing main with balcony
- Fully tiled bathroom and laundry facilities, air conditioning
- Contemporary neutral colour palette, ample storage space
- Secure intercom entry, plentiful street parking available
- Stroll to buses to Rockdale Station for an easy CBD commute
- Footsteps to the beach and waterfront parks/playgrounds
- Walk to Brighton's bustling caf/dining hub and local shops
Property History for 20/53-55 Banks St, Monterey, NSW 2217
- 23 Oct 2023Sold for $650,000
- 16 Oct 2023Listed for Sale Price on request
- 16 Nov 2011Sold for $390,000
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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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