25/53-55 Banks St, Monterey is a 1 bedroom, 1 bathroom Apartment. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 1 bedroom Apartment sold in Monterey in the last 12 months.
This neatly presented top floor apartment offers a confident first step into Monterey's hotspot property market. Supremely well-located just 50m back from Lady Robinsons Beach, this smart one-bedder delivers on style, location and price, and best of all, it's ready to live-in or lease out straight away. It makes a fresh and easy living space with good natural light and a great sense of privacy, and is very conveniently situated close to bayside beaches, Brighton-Le-Sands restaurants and foreshore walks along the bay.
- Bright open design with natural light and carpeting throughout
- Sundrenched balcony that enjoys a pleasant suburban outlook
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 2,419 properties. Over the last 5 years, Houses in Monterey have seen a 79.20% increase in median value, while Units have seen a 29.10% increase. As at 31 July 2024:
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