OFF MARKET

5/56 Banks Street
Monterey NSW 2217

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 158m2
Land area: 455m2
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Last updated 11 Nov 2024
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Property Details for 5/56 Banks St, Monterey

5/56 Banks St, Monterey is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2014. The property has a land size of 455m2 and floor size of 158m2.

Building Type
Unit
Year Built
2014
Floor Size
158m2
Land Size
455m2
Local Government
Bayside
Lot/Plan
5/SP89717

Last Listing description (September 2021)

This fantastic 3 bedroom penthouse apartment has come available for rent for the very first time with stunning water views of Botany Bay. This apartment has everything to offer.
Features:
* Three sunny bedrooms, both with built-in robes

* Large living area which opens up onto generous sized balcony
* Floor boards throughout, with an open plan kitchen with gas cooking
* Internal laundry with extra toilet
* Ducted air-conditioning
* Security alarm, store room and 2 security car-space
Please contact HT Wills to schedule your private inspection.

Property History for 5/56 Banks St, Monterey, NSW 2217

A timeline of how this property has performed in the market
Listed for Rent
$950/w
20 Sep 2021
  • 13 Sep 2021
    Listed for Rent $950 / week
  • 22 Jun 2017
    Listed for Rent - Price not available

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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.
There are currently 6 properties listed for sale, and 4 properties listed for rent in Monterey on OnTheHouse. According to CoreLogic's data, 96 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.