20/53-55 Banks Street, Monterey, NSW 2217 | Property Value & History | OnTheHouse
OFF MARKET

20/53-55 Banks Street
Monterey NSW 2217

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 66m2
Land area: 2010m2
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Property Details for 20/53-55 Banks St, Monterey

20/53-55 Banks St, Monterey is a 2 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 66m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
Unit
Year Built
1965
Floor Size
66m2
Land Size
2010m2
Local Government
Bayside
Lot/Plan
20/SP1295

Last Listing description (February 2025)

Capturing leafy vistas and sparkling ocean glimpses, this bright and airy double brick apartment is a peaceful beachside retreat of both privacy and convenience. It's no more than 100 metres from the sands of Monterey Beach, with parklands and the promenade just as close.

- Open plan living/dining zone framed by tranquil leafy vistas
- North facing balcony captures dazzling glimpses of the ocean

- Functional kitchen boasts stone benchtops, brand new cooktop
- Built-ins to both bedrooms, north facing main with balcony
- Fully tiled bathroom and laundry facilities, air conditioning
- Contemporary neutral colour palette, ample storage space
- Secure intercom entry, plentiful street parking available
- Stroll to buses to Rockdale Station for an easy CBD commute
- Footsteps to the beach and waterfront parks/playgrounds
- Walk to Brighton's bustling caf/dining hub and local shops
- Register for inspections via 'email agent' or 'book inspection'
- Otherwise we cannot notify you of any inspection changes

Property History for 20/53-55 Banks St, Monterey, NSW 2217

A timeline of how this property has performed in the market
Last Sold
$650,000
23 Oct 2023
Listed for Rent
20 Feb 2025
  • 13 Feb 2025
    Listed for Rent $600 / week
  • 23 Oct 2023
    Sold for $650,000
  • 16 Oct 2023
    Listed for Sale Price on request
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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 2,416 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:

  • The median value for Houses in Monterey is $2,177,808 while the median value for Units is $910,581.
  • Houses have a median rent of $1,200 while Units have a median rent of $700.
There are currently 7 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

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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.