OFF MARKET

8/52-54 Banks Street
Monterey NSW 2217

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 75m2
Land area: 1197m2
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Property Details for 8/52-54 Banks St, Monterey

8/52-54 Banks St, Monterey is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2002. The property has a land size of 1197m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in November 2023.

Building Type
Unit
Year Built
2002
Floor Size
75m2
Land Size
1197m2
Local Government
Bayside
Lot/Plan
8/SP68974

Last Listing description (December 2023)

Position-perfect within a stone's throw of Monterey Beach, this spacious and modern double brick two bedroom apartment with lift is the total package. Enjoying wonderful privacy and crafted for absolute ease of living, it offers fresh, neutrally schemed interiors with tile and floating floors throughout, a well-appointed kitchen and spa bathroom plus a desirable master ensuite, and sleek flow from the lounge to the generous covered balcony. With local cafes and bustling Brighton-Le-Sands restaurants nearby and Cook Park, outdoor gym facilities and a picturesque shaded playground virtually on the doorstep, this is a lifestyle opportunity of blue-chip convenience and bayside appeal.

Features:
Peaceful first floor setting in a solid, well-maintained lift complex

Superb downsizer or an excellent first home for the young professional
Beautifully proportioned open design - room for a large dining table
All-seasons entertainers' balcony complete with gas BBQ point
Central gas kitchen boasting stone benchtops and pantry storage
Two secluded beds - both providing mirrored built-in robes
Fully tiled bath with tub, separate shower; internal laundry with dryer
Reverse-cycle A/C unit, gas bayonet for heating, intercom entry
Auto-door garage plus visitor parking, pets welcome on approval
Quarterly owner fees: Strata - $1432, Council - $378.50, Water - $160
Approx. 100m to Grand Parade buses and the water's edge beyond
Close proximity to local schools, shops, airport and St George Hospital

Property History for 8/52-54 Banks St, Monterey, NSW 2217

A timeline of how this property has performed in the market
Last Sold
$1
09 Nov 2023
  • 09 Nov 2023
    Sold for $1
  • 11 Apr 2023
    Listed for Sale Sale price $855,000
  • 21 Apr 2008
    Sold for $237,500
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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.