OFF MARKET

7/41-43 Banks Street
Monterey NSW 2217

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 88m2
Land area: 1346m2
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Property Details for 7/41-43 Banks St, Monterey

7/41-43 Banks St, Monterey is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1968. The property has a land size of 1346m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in April 2022.

Building Type
Unit
Year Built
1968
Floor Size
88m2
Land Size
1346m2
Local Government
Bayside
Lot/Plan
25/SP3390

Last Listing description (May 2022)

Promising outstanding lifestyle appeal between Brighton-Le-Sands and Ramsgate Beaches, this recently refreshed first floor apartment provides a superb coastal retreat with boundless potential and possibilities. Stylishly presented and bathed in natural light, it features two generous bedrooms, a neat and tidy open plan kitchen, plus spacious living and dining areas leading to a covered balcony awash with sunshine. Complete with a remote control lock-up garage, this apartment is positioned in a well-maintained complex, close to village shops, foodies market, beachside eateries, public transport and parks.

- Practical layout with combined living/dining bathed in natural light

- Neat and tidy kitchen with new appliances, ample cupboard storage
- Well-proportioned bedrooms appointed with built-in wardrobes
- Original bright and airy bathroom, internal laundry, ample storage
- Split-cycle a/c, ceiling fans in living room, timber look flooring throughout
- Superb potential to renovate/re-create for contemporary living
- Outstanding investment prospect in sought-after coastal location
- Exceptional position that is moments to shopping, beaches and transport

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Property History for 7/41-43 Banks St, Monterey, NSW 2217

A timeline of how this property has performed in the market
Last Sold
$780,000
05 Apr 2022
  • 05 Apr 2022
    Sold for $780,000
  • 10 Mar 2022
    Listed for Sale SOLD $780,000 | Shaun Ramani
  • 16 Nov 2021
    Sold
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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 5 properties listed for sale, and 5 properties listed for rent in Monterey on OnTheHouse. According to CoreLogic's data, 95 properties were sold in the past 12 months in Monterey.

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