Monterey NSW 2217

Here you can find what you need to know about Monterey, NSW, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$1.5m Median Sale Price (National Average $485k) 221st In NSW
-10.62% Median Price Change (1 yr) (National Average 4.30%) 4094th In NSW
$720pw Median Rent (National Average $395) 234th In NSW
2.6% Median Gross Yield (National Average 4.24%) 1080th In NSW
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Properties sold 36
Average discounting -9.43%
Average Days on Market 70
Stock on Market 1 for sale

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

Example Only
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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Monterey, NSW National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Monterey, NSW National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Monterey, NSW National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Development Permits for Houses

Building permits are provided for council approved development applications. Where the available permits contain the type of development, date of submission, the date of approval, estimated build cost, estimated development area, builder and materials listed.

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Property Prices in Monterey


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Latest Auction Results for Monterey as at 16 June 2019

Property Details
Sale Price
3Bed / 1Bath / 1Car / Unit
-
3Bed / 2Bath / Car / Unit
-

State Auction Clearance Rates - June 2019

Auctions Clearance rate
NSW 522 75%
ACT 36 47%
NT 4 0%
QLD 92 37%
SA 79 55%
VIC 725 68%
WA 33 33%

Local Schools


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Suburb Information

Monterey, NSW 2217

Part of: Bayside Council No data available

The size of Monterey is approximately 1.2 square kilometres. It has 8 parks covering nearly 22.7% of total area. The population of Monterey in 2011 was 4,330 people. By 2016 the population was 4,540 showing a population growth of 4.8% in the area during that time. The predominant age group in Monterey is 40-49 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 2011, 66.1% of the homes in Monterey were owner-occupied compared with 66% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Monterey

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Monterey   for Houses in last 12 months


There have been 36 Houses sold in Monterey in the past 12 months with a median sale price of $1.4M, up -10.62% annually. It takes on average 70 days to sell with vendor discounting of -9.43%.

Streets in Monterey


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