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Unit 7,
34 BANKS STREET Monterey NSW 2217

This property is Off Market

All about Monterey Homes for sale in Monterey


  • Last sold 5/2/2024 for $770,000. The Average property price in this area is $1,671,108, this is based on recent transactions.
  • Internet speed Download 100 Mbps / Upload 40 Mbps
  • Distance to the coast 0.34 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential Land Contamination risk
  • Powerlines within 200m 0
street view icon Street view
School Catchments

Property For Sale Nearby

Recently Sold Properties in this Area

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About Monterey - Brighton-le-Sands - Kyeemagh

With an average age of 46, households expect an average monthly mortgage payment of $1,733 or a weekly rent payment of $470. The average family earns a weekly income of $1,833 with a typical household size of 2.2 and a 95.24% employment rate.

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Monterey due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Monterey provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Monterey necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Public Transport

General Points of Interest


Population

(Country of Birth not stated 2%)

Are people healthy?

There are a recorded 1103 asthma sufferers and 957 people living with diabetes. In addition, 822 people have a heart/vascular condition and 1233 people live with three or more chronic diseases.

A good place to invest in property?

Monterey - Brighton-le-Sands - Kyeemagh a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

New South Wales State average 59 / 100

Income

30 / 100

31 / 100

Industry

24 / 100

22 / 100

Population

29 / 100

19 / 100

House Prices

73 / 100

60 / 100

Jobs

32 / 100

29 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Ramsgate PS James Cook Boys Technology HS Moorefield GHS
  • St Thomas More's Catholic School

    Brighton-Le-Sands, NSW, 2216 Independent K-6

  • James Cook Boys High School

    Kogarah, NSW, 2217 State 7-12

  • Moorefield Girls High School

    Kogarah, NSW, 2217 State 7-12


Property Story

Unit 7, 34 Banks Street, Monterey, Nsw, 2217 is a residential property . The estimated distance to the sea is only 0.34km and 0.76KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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  • 134 Acme Avenue Street, Town, State

    Description - Details the application. Type and other information pertaining to the development application and more...

    Authority Reference: UX0909823-GOV Website

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The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz 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 Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.


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