SOLD
Sold on 07 Mar 2024 for $770,000

7/34 Banks Street
Monterey NSW 2217

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 80m2
Land area: 1277m2
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McGrath Sans Souci (F)
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Property Details for 7/34 Banks St, Monterey

7/34 Banks St, Monterey is a 2 bedroom, 1 bathroom Unit and was built in 1964. The property has a land size of 1277m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in Monterey in the last 12 months.

Building Type
Unit
Year Built
1964
Floor Size
80m2
Land Size
1277m2
Local Government
Bayside
Lot/Plan
7/SP1073

Last Listing description (May 2024)

Nestled just steps away from the shoreline, this charming first-floor apartment offers a serene beachside escape, blending tranquility with convenience. Ideal for those seeking a downsized lifestyle , it promises effortless coastal living mere minutes from cozy cafes and oceanfront dining spots.

- Serene double brick complex ensures secluded living
- Generously sized living and dining area flooded with natural light

- High ceilings throughout, with a sunroom perfect for leisurely mornings
- Well-appointed Stone kitchen with ample cabinetry
- Recently updated flooring adds a welcoming touch
- Refreshed bathroom featuring a separate bath and shower, and internal laundry
- Two comfortable bedrooms, with the main boasting a wall-spanning wardrobe
- Secure lock-up garage complemented by ample street parking

Just moments away from the beach and scenic waterfront parks/playgrounds, Conveniently close to cafes, shops, and local bus routes, all within easy walking distance

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Property History for 7/34 Banks St, Monterey, NSW 2217

A timeline of how this property has performed in the market
Last Sold
$770,000
07 Mar 2024
Listed for Rent
$660/w
20 May 2024
  • 23 Apr 2024
    Listed for Rent $660 / week
  • 07 Mar 2024
    Sold for $770,000
  • 10 Sep 2019
    Sold for $480,000
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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, 94 properties were sold in the past 12 months in Monterey.

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