OFF MARKET

8/49-51 Banks Street
Monterey NSW 2217

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 123m2
Land area: 1772m2
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Property Details for 8/49-51 Banks St, Monterey

8/49-51 Banks St, Monterey is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1983. The property has a land size of 1772m2 and floor size of 123m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
Unit
Year Built
1983
Floor Size
123m2
Land Size
1772m2
Local Government
Bayside
Lot/Plan
8/SP19914

Last Listing description (December 2021)

Quietly positioned within an immaculate complex that's footsteps to the beach and foreshore parks, this smartly refreshed first floor apartment offers buyers a great first home or investment that is very private and incredibly convenient. It is presented in top condition with bright breezy interiors, good quality fittings and a top bayside location. It also offers excellent accessibility with Brighton-Le-Sands, restaurants and shopping a short stroll away.

- A perfect location that's less than 200m to the water's edge
- Smartly presented with newly polished parquetry flooring

- Fresh paint, all new light fittings and new carpeted bedrooms
- Three double bedrooms include a main with ensuite and balcony
- Generous layout that features separate lounge and dining areas
- A sunlit main balcony with room for an outdoor dining setting
- Lock-up garage, air-conditioning, built-in robes and intercom entrance
- Close proximity to coffee shops and restaurants in Brighton-Le-Sands

Property History for 8/49-51 Banks St, Monterey, NSW 2217

A timeline of how this property has performed in the market
Last Sold
$1,100,000
05 Nov 2021
  • 05 Nov 2021
    Sold for $1,100,000
  • 06 Oct 2021
    Listed for Sale SOLD $1,100,000 | Chris Kounnas
  • 14 May 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 2,419 properties. Over the last 5 years, Houses in Monterey have seen a 79.20% increase in median value, while Units have seen a 29.10% increase. As at 31 July 2024:

  • The median value for Houses in Monterey is $2,180,777 while the median value for Units is $864,943.
  • Houses have a median rent of $985 while Units have a median rent of $620.
There are currently 6 properties listed for sale, and 9 properties listed for rent in Monterey on OnTheHouse. According to CoreLogic's data, 95 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.