16/53-55 Banks Street, Monterey, NSW 2217 | Property Value & History | OnTheHouse
OFF MARKET

16/53-55 Banks Street
Monterey NSW 2217

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 39m2
Land area: 2010m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 24 Aug 2026
Low

High
Save

Property Details for 16/53-55 Banks St, Monterey

16/53-55 Banks St, Monterey is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1965. The property has a land size of 2010m2 and floor size of 39m2. While the property is not currently for sale or for rent, it was last sold in October 2010.

Building Type
Unit
Year Built
1965
Floor Size
39m2
Land Size
2010m2
Local Government
Bayside
Lot/Plan
16/SP1295

Last Listing description (June 2026)

Located on the second floor this one bedroom apartment is in a great position in Monterey walking distance to the beach and Bay Street shops and cafs.

Combined living and dining
Open plan kitchen with electric cooking

Good sized private balcony, linen closet
Large bedroom with built-in wardrobe
Light and airy modern bathroom
Shared laundry with machines provided
Register for inspections via 'email agent' or 'book inspection'
Otherwise we cannot notify you of any inspection changes

Property History for 16/53-55 Banks St, Monterey, NSW 2217

A timeline of how this property has performed in the market
Last Sold
$305,000
16 Oct 2010
Listed for Rent
$450/w
16 Jun 2026
  • 16 Jun 2026
    Listed for Rent $450 / week
  • 10 Jan 2025
    Listed for Rent $430 / week
  • 24 Nov 2021
    Listed for Rent $300 / week
Sign in to see more transactions
Commute Calculator

About Monterey 2217

The size of Monterey is approximately 1.2 square kilometres. There are 7 parks, covering nearly 26.5% of the total area. The population of Monterey in 2016 was 4532 people. By 2021 the population was 4619 showing a population growth of 1.9% in the area during that time. The predominant age group in Monterey is 50-59 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 2021, 67.20% of the homes in Monterey were owner-occupied compared with 66.00% in 2016.

Monterey has 2,419 properties. Over the last 5 years, Houses in Monterey have seen a 16.00% increase in median value, while Units have seen a 15.64% increase. As at 31 July 2026:

  • The median value for Houses in Monterey is $2,269,574 while the median value for Units is $920,655.
  • Houses have a median rent of $1,200 while Units have a median rent of $690.
There are currently 8 properties listed for sale, and 11 properties listed for rent in Monterey on OnTheHouse. According to Cotality's data, 75 properties were sold in the past 12 months in Monterey.

Suburb Insights for Monterey 2217

Market Insights
Monterey Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Monterey Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.