8 Colson Cres, Monterey is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 458m2 and floor size of 138m2. While the property is not currently for sale or for rent, it was last sold in May 2010.
A wonderful life awaits the new owner of this beachside home, and not just because of the lucky number eight address. Beautifully renovated and presented throughout, the home provides spacious family living.
A freestanding granny flat at the rear offers additional value, with potential for a home-plus-income, dual income investment, or in-law accommodation.
Tucked in a quiet corner of a boutique beachside neighbourhood, the home is footsteps from tranquil Scarborough Park and wetlands corridor, and a pleasant 10-minute stroll from the beach, cafes and restaurants. Rapid connections to the city are available at nearby Kogarah Station, and the home is also close to quality schools, shops and the airport.
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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