2/50 Banks St, Monterey is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1961. The property has a land size of 109m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in June 2018.
Offering a lifestyle of exemplary convenience from a vibrant waterside location, this updated ground floor apartment presents an exciting move-in ready opportunity. It's a walk to buses and the beachfront, while also near Brighton-Le-Sands Beach and shops.
- Elevated ground floor position in a block of only 12 homes
- Freshly painted interiors flaunt new floorboards and lighting
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 2,416 properties. Over the last 5 years, Houses in Monterey have seen a 14.36% increase in median value, while Units have seen a 15.81% increase. As at 31 August 2026:
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