4/40 Banks Street, Monterey, NSW 2217 sold on 02 February 2026 | OnTheHouse
SOLD
Sold on 02 Feb 2026 for $835,000

4/40 Banks Street
Monterey NSW 2217

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Save

Property Details for 4/40 Banks St, Monterey

4/40 Banks St, Monterey is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in February 2026. There are other 2 bedroom Unit sold in Monterey in the last 12 months.

Building Type
Unit

Last Listing description (February 2026)

Set in a well-maintained complex of just 10, this light-filled two-bedroom apartment offers a practical layout with inviting indoor-outdoor flow. Enjoying a top-floor position with minimal steps, it's perfectly located just moments from local cafes, shops, beaches, and transport - ideal for first home buyers, investors, or lifestyle seekers.

* Two generous bedrooms, both with mirrored built-in robes
* Open plan living area flows to sunny east-facing balcony

* Updated kitchen with modern appliances and ample storage
* Neat bathroom with shower over bathtub
* Internal washing machine connection plus shared laundry facilities
* Secure lock-up garage
* Just footsteps to Lady Robinsons Beach and Botany Bay foreshore walks
* Easy access to the airport and CBD

DISCLAIMER: Every precaution has been taken to establish accuracy of the above information but does not constitute any representation by the vendor or agent. Prospective purchasers are urged to rely on their own enquiries. Some photos have been virtually styled.

Property History for 4/40 Banks St, Monterey, NSW 2217

A timeline of how this property has performed in the market
Last Sold
$835,000
02 Feb 2026
  • 02 Feb 2026
    Sold for $835,000
  • 23 Oct 2015
    Sold for $550,000
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 2,415 properties. Over the last 5 years, Houses in Monterey have seen a 26.24% increase in median value, while Units have seen a 15.02% increase. As at 30 June 2026:

  • The median value for Houses in Monterey is $2,330,194 while the median value for Units is $912,467.
  • Houses have a median rent of $1,325 while Units have a median rent of $690.
There are currently 7 properties listed for sale, and 7 properties listed for rent in Monterey on OnTheHouse. According to Cotality's data, 85 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
Contact agent
agent headshot
Michael Pyliotis
Show contact details
Raine & Horne Kogarah
Preferred contact:
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.