6/42 Banks Street, Monterey, NSW 2217 | Property Value & History | OnTheHouse
OFF MARKET

6/42 Banks Street
Monterey NSW 2217

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 88m2
Land area: 943m2
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Property Details for 6/42 Banks St, Monterey

6/42 Banks St, Monterey is a 3 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1963. The property has a land size of 943m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in February 2020.

Building Type
Unit
Year Built
1963
Floor Size
88m2
Land Size
943m2
Local Government
Bayside
Lot/Plan
6/SP411

Last Listing description (February 2020)

Barely 200 metres from Monterey's waterfront parkland and sandy shoreline, this well proportioned top floor apartment presents an excellent lifestyle opportunity. It's placed within moments of local shops and Bay Street's vibrant caf and dining precinct.
- Positioned in small double brick complex of only eight homes
- Air conditioned open plan living area set under high ceiling

- East facing balcony provides ideal retreat for morning coffee
- Spacious kitchen features stainless oven and corner pantry
- Three double bedrooms, two equipped with tall built-in robes
- Internal laundry facilities, full bathroom with separate w/c
- Laid out to capture plenty of natural light and cross-breezes
- Ready to move in and enjoy, scope to further update later on
- Deep double garage offers flexibility for workshop or storage
- Close to popular promenade walks, easy links to airport/CBD

Property History for 6/42 Banks St, Monterey, NSW 2217

A timeline of how this property has performed in the market
Last Sold
$750,000
08 Feb 2020
Listed for Rent
$560/w
15 Jun 2018
  • 08 Feb 2020
    Sold for $750,000
  • 15 Jan 2020
    Listed for Sale Price on request
  • 15 Oct 2019
    Sold
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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 39.51% increase in median value, while Units have seen a 18.83% increase. As at 30 April 2026:

  • The median value for Houses in Monterey is $2,453,075 while the median value for Units is $915,619.
  • Houses have a median rent of $1,200 while Units have a median rent of $690.
There are currently 6 properties listed for sale, and 7 properties listed for rent in Monterey on OnTheHouse. According to Cotality's data, 89 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.