26/53-55 Banks StreetMonterey NSW 2217
Property Details for 26/53-55 Banks St, Monterey
26/53-55 Banks St, Monterey is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1965. The property has a land size of 2010m2 and floor size of 39m2. While the property is not currently for sale or for rent, it was last sold in June 2023.
Last Listing description (June 2023)
With a current tenancy returning $500 per week, this peacefully positioned, bright top floor apartment is the perfect low maintenance investment. Walking distance to Botany Bay foreshore, cosmopolitan caf culture, buses & shopping precincts.
Open plan lounge/dining flowing onto a balcony
Bright, renovated kitchen with stainless steel appliances
modern bathroom
Air conditioning
Ample storage throughout
Secure lock up garage
Easy access to trains, Sydney Airport & Sydney CBD
Property History for 26/53-55 Banks St, Monterey, NSW 2217
- 02 Jun 2023Sold for $500,000
- 25 Oct 2022Listed for Sale $530,000
- 06 Oct 2017Sold
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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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