6/41-43 Banks St, Monterey is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1968. The property has a land size of 1353m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in January 2022.
This is one of those opportunities that comes around once in a life time. This is your chance to secure a top floor, two bedroom beach side unit with a separate lounge and dining area, bright & private balcony, internal laundry, huge lock up garage and a unique separate registered car space. This property is ripe for renovation, is in a superb and sought after location, an extremely well maintained and manicured complex and will suit the astute buyer or investor.
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:
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