4. Property Auction Result

2/50 Banks St, Monterey NSW 2217

2/50 Banks St, Monterey NSW 2217

unit 2 1 1

Passed In on 19 May 2018

Distance To CBD: 11.6 km

Land Size: 109 m2

Agency: McGrath - South Hurstville

Floorplan Nearby Sold Price

Map And Street View
Please note that location of this property on map is approximate and street view images may not show the exact property advertised.

Stamp Duty Calculator

Total

$ 24,154

Mortgage registration fee $105

Transfer fee $209

Stamp duty on property $23,840
*based on property value $630,000 for investment

Loan Repayment Calculator

Monthly Repayment

$ 2,706

Total interest payable $470,009

Loan Term 30 years

Annual Interest Rate 5.00%
*based on loan amount $504,000 for principal and interest
Note: The results from this calculator should be used as an indication only. Results do not represent either quotes or pre-qualifications for a loan. It is advised that you consult your financial adviser before taking out a loan.
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Comparable Sold Properties

Address Sold Price
1/39 Banks Street 2 $730,000
11/36 Banks Street 2 $570,000
20/157-159 The Grand Parade 2 $600,000
2/50-52 Solander Street 2 $570,000
4/142 The Grand Parade 2 $785,000
18/53-55 Banks Street 2 $665,000
8/157 The Grand Parade 2 $620,000
4/197-199 President Avenue 2 $600,000

Comparable Rent Properties

Address Rent Price
18/223 President Avenue 2 $680 p/w
11/40 Solander Street 2 $600 p/w
11/143 The Grand Parade 2 $750 p/w
8/187 President Avenue 2 $650 p/w
1/39 Banks Street 2 $650 p/w
5/15 Wycombe Avenue 2 $750 p/w
2/39 Banks Street 2 $550 p/w
6/39 Banks Street 2 $550 p/w
Auction History - Monterey, NSW 2217
2024 March
Address Price Result*
5/5-7 Solander St $1,340,000 S 3
18 Lakeside Av $2,400,000 SP 4
19A Burlington St $4,050,000 SP 5
17/154 The Grand Pde N/A SP 3
2024 February
Address Price Result*
4/34 Banks St $836,000 S 2
12/62-64 Solander St $712,000 S 2
5/9 Robinson St N/A W 4

Monterey, NSW 2217
(12.20 km to CBD)

Median House Price

$2,500,000

Median Unit Price

$862,500

Surrounding Suburbs

Nearby Train Stations

1.88 km Kogarah Station
2.23 km Rockdale Station
2.69 km Banksia Station

Nearby Schools

1.37 km Moorefield Girls High School
1.52 km St Patrick's Catholic Primary School
1.77 km Ramsgate Public School
1.59 km Kogarah Public School
1.87 km St Dominic Savio School
1.93 km Rockdale Public School
1.77 km St George School
1.77 km St George Girls High School
1.74 km Kogarah High School
1.82 km St George Hospital School