OFF MARKET

7/44 Banks Street
Monterey NSW 2217

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 75m2
Land area: 1582m2
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Property Details for 7/44 Banks St, Monterey

7/44 Banks St, Monterey is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1962. The property has a land size of 1582m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in April 1993.

Building Type
Unit
Year Built
1962
Floor Size
75m2
Land Size
1582m2
Local Government
Bayside
Lot/Plan
7/SP171

Last Listing description (February 2021)

North facing in a prime location minutes away from the beachfront this freshly painted 2-bedroom unit both with new built ins in a secure building offers open plan lounge and dining with high ceilings that flows onto a good-sized balcony, a generous kitchen with plenty of storage, two double bedrooms main with new built in and new carpet throughout. Spacious bathroom with separate bath to shower. In a small block of 8 units, this property boasts a lock up garage and car spot for ample parking and storage. Shared laundry with own connection. Steps from the beach, cafes, restaurants, transport and parks.

Property History for 7/44 Banks St, Monterey, NSW 2217

A timeline of how this property has performed in the market
Last Sold
$155,800
29 Apr 1993
Listed for Rent
$400/w
16 Feb 2021
  • 25 Oct 2020
    Listed for Rent $400 / week
  • 24 Oct 2018
    Sold
  • 29 Feb 2012
    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.