5/40 Banks StreetMonterey NSW 2217
Property Details for 5/40 Banks St, Monterey
5/40 Banks St, Monterey is a 2 bedroom, 1 bathroom Unit and was built in 1963. The property has a land size of 944m2 and floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in June 2012.
Last Listing description (May 2024)
Situated just moments from the water's edge, this ground floor apartment is a peaceful beachside retreat of both privacy and convenience. It's easy coastal lifestyle makes it a perfect home for all alike, only minutes to local cafés and beachside dining options.
The Property:
* 2 bedrooms with built-in wardrobes
* Main bedroom includes study nook
* Floating timber flooring throughout
* Polyurethane kitchen with stone benchtops
* Ultra-modern bathroom with large shower
* Kitchen includes internal laundry facilities
* Combined living and dining room
* Split air-conditioning system in living room
* Peaceful sunlit balcony to enjoy all day sun
* Street parking and moments to all lifestyle attractions
Property History for 5/40 Banks St, Monterey, NSW 2217
- 08 May 2024Listed for Rent - Price not available
- 31 May 2021Listed for Rent $410 / week
- 16 Sep 2020Listed for Rent $440 / 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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