25/53-55 Banks StreetMonterey NSW 2217
Property Details for 25/53-55 Banks St, Monterey
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.
Last Listing description (March 2024)
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
- Peaceful double bedroom and a bathroom with internal laundry
- Quietly set in a boutique and well-maintained security building
- Reverse cycle air-conditioning, built-in storage and intercom entry
- Well-positioned within footsteps to bus transport and local cafés
- Quick and easy access to the city, airport and Ramsgate Beach Plaza
Property History for 25/53-55 Banks St, Monterey, NSW 2217
- 01 Mar 2024Sold for $520,000
- 16 Jan 2024Listed for Sale SOLD $520,000 | Shaun Ramani
- 10 Jan 2023Listed for Rent - Price not available
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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 2,419 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:
- The median value for Houses in Monterey is $2,180,777 while the median value for Units is $864,943.
- Houses have a median rent of $985 while Units have a median rent of $620.
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