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.
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
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:
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