7/57-61 Banks StreetMonterey NSW 2217
Property Details for 7/57-61 Banks St, Monterey
7/57-61 Banks St, Monterey is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1991. The property has a land size of 1872m2 and floor size of 118m2. While the property is not currently for sale or for rent, it was last sold in November 2023.
Last Listing description (January 2024)
Light, size and locality are always the important factors when assessing a property, and all are impressively provided by this freshly appointed three-bedroom apartment. Quietly tucked away in an immaculate security complex, it ticks all the boxes for immediate lifestyle enjoyment with smartly presented interiors, good proportions and lots of natural sunlight. This home delivers the perfect package and holds lots of appeal for downsizers or professionals looking for an easy-maintenance property in a great position right next to sandy beaches, local parks, bus transport and the local caf scene.
- A fresh, breezy and open plan living space with carpet throughout
- Modern kitchen with stone breakfast bar and quality appliances
- Three well-sized bedrooms include two with access to the balcony
- A generous spa bathroom plus an ensuite and internal laundry
- Internal access to a lock-up tandem garage in the basement
- Ceiling fans throughout, intercom entry and good storage
- Ready to live in as is, with scope to personalise in the future
Property History for 7/57-61 Banks St, Monterey, NSW 2217
- 14 Nov 2023Sold for $1,303,000
- 12 Oct 2023Listed for Sale SOLD $1,303,000 | Shaun Ramani
- 27 Jul 2010Listed for Rent - Price not available
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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 2,413 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.
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