OFF MARKET

7/33 Banks Street
Monterey NSW 2217

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 75m2
Land area: 1385m2
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Last updated 11 Nov 2024
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Property Details for 7/33 Banks St, Monterey

7/33 Banks St, Monterey is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1976. The property has a land size of 1385m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in July 2018.

Building Type
Unit
Year Built
1976
Floor Size
75m2
Land Size
1385m2
Local Government
Bayside
Lot/Plan
7/SP10874

Last Listing description (July 2018)

This spacious north-facing 2-bedroom unit located on the top floor of a well-maintained security complex filled with loads of natural sunlight, offers:
-Spacious open plan lounge and dining, flowing onto a north-facing balcony, great for entertaining.
-Generous sized timber kitchen with stainless steel appliances plus dishwasher with loads of storage cupboards.

-2 good sized double bedrooms both with built-ins, huge main opening onto second sunny balcony.
-Large bathroom with separate bath to shower.
-Good sized internal laundry.
-High ceilings throughout plus air-con.
-Internal access to double remote-control garage.
Stone throws to beach, cafes, restaurants, schools, transport, hospitals and airport. Would suit first home buyer, downsizer or investor. Currently leased with great tenants wanting to stay.

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Property History for 7/33 Banks St, Monterey, NSW 2217

A timeline of how this property has performed in the market
Last Sold
$700,000
10 Jul 2018
Listed for Rent
$460/w
11 Jan 2014
  • 10 Jul 2018
    Sold for $700,000
  • 19 May 2018
    Listed for Sale Price Guide $725,000
  • 14 Nov 2013
    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.

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