4/53-55 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 2009m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in January 2022.
Positioned in a well maintained security complex this charming and very spacious ground floor apartment has lovingly been modernised and fully renovated throughout and features:
- Modern brand new kitchen with dishwasher
- Brand new modern bathroom with Internal laundry facilites
Only a short stroll to the beach at end of street and public transport.
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 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 2,417 properties. Over the last 5 years, Houses in Monterey have seen a 57.67% increase in median value, while Units have seen a 23.44% increase. As at 30 November 2025:
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