5/35 Banks StreetMonterey NSW 2217
Property Details for 5/35 Banks St, Monterey
5/35 Banks St, Monterey is a 2 bedroom, 1 bathroom Unit and was built in 1963. The property has a land size of 1354m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in February 2023.
Last Listing description (March 2023)
An outstanding choice for the first home buyer, downsizer or investor, this two bedroom villa-style apartment is perfectly placed to sample every delight of Monterey's exclusive lifestyle. Set to the ground floor of a double brick block and offering private access via the balcony, it's crafted to minimise fuss and maximise enjoyment with sleek floating timber floors in the living zone and renovated kitchen, reverse-cycle air conditioning, sleek plantation shutters and built-in robes throughout. The address itself is among this suburb's best, just a few minutes' level stroll from the sandy beach and scenic coast path, transport links and Scarborough Park and 1km from Brighton-Le-Sands.
Features:
Superb lifestyle opportunity nestled in charming garden surrounds
High ceilings, light-filled picture windows, sunny north-facing balcony
Renovated kitchen presents as new with ample storage and a double sink
Two bedrooms of a good size - carpeted and appointed with robes
Neat bathroom providing a tub/shower combo and washing machine
Well-maintained security complex with NBN connected, pets on approval
Easy walking distance to local playground, shops and cafes/restaurants
Schools, buses, St George Hospital and airport all in effortless reach
Would suit downsizer, first home buyer or investor
Currently leased for $520 per week. Lease expires 11/11/2023. Currently good tenants and would like to continue their lease.
Strata - $683
Water- $150
Council - $370
Property History for 5/35 Banks St, Monterey, NSW 2217
- 01 Feb 2023Sold for $605,000
- 08 Jan 2023Listed for Sale SALE PRICE: $635,000
- 04 Oct 2022Listed for Rent $520 / week
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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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