8/1-5 Cecil St, Monterey is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1993. The property has a land size of 1069m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in May 2018.
Quietly positioned on the middle floor at the rear of well maintained security building with undercover access to lock up garaging. Only one common wall and freshly painted throughout with spacious open plan layout and over 98sqm of living comprising modern kitchen adjoining dining opening onto large entertaining balcony, two generous bedrooms both with mirrored built in robes, full bathroom and separate internal laundry & linen press. Small low rise North facing building in quiet cul-de-sac off Banks Street opposite park with playground so handy to beach and bus transport.
Approx Outgoings:
Council $337 p/q
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:
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