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22/53 Banks Street, Monterey NSW 2217

$700,000 - $750,000

Search Band Search Visibility Band

$700k - $750k High Confidence Calculated based on strong search observations.

Apartment 2 Beds 1 Bath

Listed: 3 days ago

Overview

Positioned within a well-maintained brick complex, this bright two-bedroom apartment offers a balanced blend of comfortable coastal living and future potential. With generous room sizes and a practical layout, the home includes two separate balconies enhancing the natural light and leafy outlook, particularly from the main bedroom's private balcony.

The spacious living and dining area seamlessly connects to one balcony, fostering an inviting atmosphere for everyday relaxation or casual entertaining. Complementing this is a neat kitchen equipped with ample cabinetry that supports functional meal preparation while maintaining a clean aesthetic.

Offering one bathroom with both bath and shower options, the apartment suits diverse lifestyle needs. Its well-kept interiors provide a sound foundation, and there is notable scope to modernise and add further value according to personal taste.

This property will likely appeal to first-home buyers, downsizers, or investors seeking an affordable entry point in Monterey’s sought-after bayside locale. Its location is a key asset—within walking distance to Lady Robinsons Beach, waterfront paths, local cafés, and parks, as well as easy access to Brighton-Le-Sands dining precinct, Ramsgate shopping, public transport, Sydney Airport, and the CBD. This combination of lifestyle convenience and coastal charm creates a compelling opportunity for a variety of buyers.

Spacious and light-filled living area leading to private balcony
Two well-sized bedrooms with main bedroom balcony and leafy outlook
Neatly presented kitchen with ample storage cabinetry
Functional bathroom with separate bath and shower
Well-maintained brick building with landscaped communal grounds
Good potential to modernise and enhance value
Ideal for first-home buyers, investors, or downsizers
Close walking distance to beach, parklands, and local cafes
Convenient access to public transport and major hubs

Local Market Insights

In Monterey, Quiet Listings observed 14 new apartments entering the market over the last 30 days, down from 26 during the previous 30-day period, with an average advertised asking price of $765,071. The property type mix of listed properties is predominantly Apartments at 40%, followed by units (20%), and houses (20%). The most active agency for apartments in the Monterey area is currently Belle Property, representing 36% of new listings, followed by PRD Nationwide with 29%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.