OFF MARKET

3/53-55 Banks Street
Monterey NSW 2217

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 66m2
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Property Details for 3/53-55 Banks St, Monterey

3/53-55 Banks St, Monterey is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1965. The property has a floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in July 2019.

Building Type
Unit
Year Built
1965
Floor Size
66m2
Local Government
Bayside
Lot/Plan
3/SP1295

Last Listing description (August 2023)

Just approx 100m to The Bay foreshores & parkland, this generous apartment combines light, space and charm in a superbly convenient location. It occupies a ground floor position in a secure Deco style block, with high ceilings, big picture windows and Retro character throughout. Comfortable now, the apartment provides scope to further personalise in a walk-to-everywhere setting, making it ideal for lifestyle-seekers, first home buyers or investors keen to potentially add value.

Property History for 3/53-55 Banks St, Monterey, NSW 2217

A timeline of how this property has performed in the market
Last Sold
$530,000
23 Jul 2019
Listed for Rent
$210/w
05 Aug 2006
  • 29 Aug 2023
    Listed for Sale Sold
  • 10 Jun 2023
    Listed for Sale Not Disclosed
  • 08 May 2023
    Listed for Sale Sold
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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.
There are currently 6 properties listed for sale, and 9 properties listed for rent in Monterey on OnTheHouse. According to CoreLogic's data, 95 properties were sold in the past 12 months in Monterey.

Suburb Insights for Monterey 2217

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.