8/40 Banks StreetMonterey NSW 2217
Property Details for 8/40 Banks St, Monterey
8/40 Banks St, Monterey is a 2 bedroom, 1 bathroom Unit and was built in 1963. The property has a land size of 944m2 and floor size of 63m2. While the property is not currently for sale or for rent, it was last sold in September 2022.
Last Listing description (October 2023)
Set in a low rise block just metres from the beach, this spacious apartment presents a superb choice for a first homebuyer or investor looking to capitalise on an excellent location. It's within walking distance of buses, shops, cafs and restaurants. - Original interiors provide scope to personalise or renovate- Combined living and dining space connects to sunny balcony- Tidy kitchen with electric stove and ample cupboard space- Generously scaled bedrooms have space to add built-in robes- Bathroom has shower over tub, vast potential to modernise- Beautifully maintained brick block in sought-after street- Ready to move in/lease out with chance to add further value- Superb lifestyle opportunity in walk-to-everywhere setting- Minutes from trains, shopping centres and St George Hospital- Easy access to arterial roads, Sydney Airport and the cityCarpeted, Close to Schools, Close to Shops, Close to Transport, Exhaust
Property History for 8/40 Banks St, Monterey, NSW 2217
- 23 Sep 2022Sold for $542,500
- 12 Jul 2022Listed for Sale Sold - Contact agent
Recent sales nearby
See more recent sales nearby/assets/perm/n2pym4gj44i63apci4jc4tysoy?signature=5780ca2a5b0c19414abd98416db3e4d5a643fb9ba1aed54630a7ab7cdcc768ce){kind=logo}
0
/assets/perm/7zogoxec7qi6xndmvx65zthn2e?signature=f883c0b8d11a22e05d01cdcbf4f4943a040119a1da2ed55e8ecb92fef243e247){kind=logo}
0
/assets/perm/2rnojm7euai63btghpmwk4ie4q?signature=30d6788899e4332d5d0d95a6c379726e9951e7d67c8f5cdd70e6394c5d444c02){kind=logo}
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0
Similar properties For Rent nearby
See more properties for rent nearby
0
0
0
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 2,421 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.
Suburb Insights for Monterey 2217
Market Insights
Monterey Trends for Houses
N/A
N/A
View TrendN/A
N/A
Monterey Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
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.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
