OFF MARKET

4/53-55 Banks Street
Monterey NSW 2217

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 68m2
Land area: 2009m2
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Last updated 16 Dec 2024
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Property Details for 4/53-55 Banks St, Monterey

4/53-55 Banks St, Monterey is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1965. The property has a land size of 2009m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in January 2022.

Building Type
Unit
Year Built
1965
Floor Size
68m2
Land Size
2009m2
Local Government
Bayside
Lot/Plan
4/SP1295

Last Listing description (January 2023)

Positioned in a well maintained security complex this charming and very spacious ground floor apartment has lovingly been modernised and fully renovated throughout and features:

- Modern brand new kitchen with dishwasher
- Brand new modern bathroom with Internal laundry facilites

- Very spacious Lounge/Dining room with ceiling fan
- 2 Bedrooms both with Built in robes & ceiling fans
- Freshly painted and freshly polished floorboards throughout
- Brand new privacy and blockout blinds.
- Garage at rear of block with quick access to apartment

Only a short stroll to the beach at end of street and public transport.

Property History for 4/53-55 Banks St, Monterey, NSW 2217

A timeline of how this property has performed in the market
Last Sold
$570,000
14 Jan 2022
Listed for Rent
$500/w
21 Jan 2023
  • 10 Jan 2023
    Listed for Rent $500 / week
  • 10 Sep 2022
    Listed for Rent $450 / week
  • 01 Mar 2022
    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 2,415 properties. Over the last 5 years, Houses in Monterey have seen a 59.12% increase in median value, while Units have seen a 26.84% increase. As at 30 November 2024:

  • The median value for Houses in Monterey is $2,238,157 while the median value for Units is $886,980.
  • Houses have a median rent of $910 while Units have a median rent of $620.
There are currently 3 properties listed for sale, and 7 properties listed for rent in Monterey on OnTheHouse. According to CoreLogic's data, 92 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.