OFF MARKET

7/48 Banks Street
Monterey NSW 2217

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 75m2
Land area: 2239m2
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Last updated 11 Nov 2024
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Property Details for 7/48 Banks St, Monterey

7/48 Banks St, Monterey is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1966. The property has a land size of 2239m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in February 2022.

Building Type
Unit
Year Built
1966
Floor Size
75m2
Land Size
2239m2
Local Government
Bayside
Lot/Plan
7/SP2003

Last Listing description (September 2024)

Spacious freshly painted ground floor 2 bedroom apartment in well maintained building. This apartment features tiled flooring throughout, L shaped living / dining leading to balcony. Huge master bedroom, well maintained bathroom. Built-in wardrobes in both bedrooms. Updated kitchen. Ample storage, internal laundry and a car space. Close to shops, transport and the beach. 00700

Disclaimer: LJ Hooker Brighton-Le-Sands request that at all times you inspect the property and make & rely upon your own enquiries. Please check the listing prior to inspecting the property for updated times and availability changes.

Property History for 7/48 Banks St, Monterey, NSW 2217

A timeline of how this property has performed in the market
Last Sold
$622,000
03 Feb 2022
Listed for Rent
$550/w
15 Sep 2024
  • 10 Sep 2024
    Listed for Rent $550 / week
  • 30 Apr 2022
    Listed for Rent $430 / week
  • 03 Feb 2022
    Sold for $622,000
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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, 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.