7/50 Banks StreetMonterey NSW 2217
Property Details for 7/50 Banks St, Monterey
7/50 Banks St, Monterey is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1961. The property has a land size of 1347m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in October 1996.
Last Listing description (September 2023)
This modern street facing apartment is set in an idyllic beachside location. The apartment has modern interiors and is set on the top floor with minimal stairs.
The Property:
Top floor apartment with minimal stairs
Main bedroom with air con
Modern kitchen equipped with modern appliances
Spacious living and dining room with air con
Timber flooring throughout, ceilings fans
Well-presented bathroom with shower over bathtub
Security complex with upgraded intercom system
Laundry facilities available in complex
Single car garage with additional parking
Metres to the beach, cafes and lifestyle amenities
Property History for 7/50 Banks St, Monterey, NSW 2217
- 23 Aug 2023Listed for Rent $580 / week
- 18 Oct 1996Sold for $190,000
- 05 Feb 1994Sold for $177,000
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0About 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.
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