Banks St, Monterey NSW 2217
Banks St, Monterey NSW 2217 is a predominantly apartment-focused street with 83% of residential stock classified as units. 31 homes sit level with the street, and 7 are recommended for a flood check. The street carries local road traffic. Major developments include 30 lots at 53 Banks St, 26 lots at 41 Banks St, and 24 lots at 45 Banks St. There are insufficient recent house sales to calculate a reliable comparison against the suburb median, so buyers should compare recent sales of individual homes on the street against nearby comparable properties.
The mix of houses and apartments (units) that make up the Banks St, Monterey NSW 2217 property market.
"Houses" in this report includes detached houses, duplexes, and terraces.
How house lots on Banks St, Monterey NSW 2217 sit relative to street level — topography that affects drainage, flood risk, privacy, and build cost. Statistics are calculated from properties with available data.
See which key planning overlays and environmental risks affect this street before you buy.
Actual house sales on Banks St, Monterey NSW 2217 over the past 5 years, plotted against the Monterey NSW 2217 median house price trend over the same period.
3 popular houses on Banks St, Monterey NSW 2217
Actual apartment (unit) sales on Banks St, Monterey NSW 2217 over the past 5 years, plotted against the Monterey NSW 2217 median apartment price trend over the same period.
The largest apartment projects on Banks St, Monterey NSW 2217, ranked by number of lots.
19 popular apartments on Banks St, Monterey NSW 2217
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Common questions about living on and buying property on Banks St, Monterey NSW 2217 — lifestyle, transport, and the local housing market.
Note: Data is sourced from the Australian Bureau of Statistics (ABS) 2021 Census data and knest.ai internal statistical data.
Is Banks St an expensive or affordable street relative to Monterey?
There are insufficient recent house sales on Banks St to calculate a reliable premium or discount against the Monterey average. Buyers should compare recent sales of individual homes on the street against nearby comparable properties to gauge current market positioning.
What are the risk and overlay factors on Banks St?
There are no bushfire, heritage, or flood overlay classifications on Banks St. Seven properties are recommended for a flood check, while 27 fall under other flood classifications, meaning no flood risk has been identified or the property has not been mapped. There are no high-voltage powerline overlays. A flood check recommendation simply indicates further assessment is advised, not that a property floods.
Are properties on Banks St mostly on high, level or low ground?
31 homes sit level with the street. The site height data applies only to the street's house stock, not the apartment developments. Different site heights can influence individual characteristics, so buyers should assess the specific property rather than relying on the street average.
What type of road is Banks St?
Banks St is a local road. Local roads generally serve nearby residents and connect directly to collector or arterial roads. Speed limit and dominant road percentage data are not available for this street.
Is Banks St mostly houses or apartments?
Banks St has 453 residential properties. Apartments make up 82.8% of the stock, while houses account for 7.5%. The remaining properties are not classified as either house or apartment in the available data.
What are the major apartment developments on Banks St?
The major apartment developments on Banks St are 53 Banks St (30 lots, 3 levels, built in 1965), 41 Banks St (26 lots, 3 levels, built in 1968), and 45 Banks St (24 lots, 3 levels, built in 1965). These developments contribute to the street's higher-density residential character.
How many properties have sold on Banks St?
One house and 10 apartments have sold in the past 12 months. The 5-year turnover rate is 11.8% for houses and 16% for apartments. Turnover measures the proportion of properties that changed ownership during the past five years.
Is Banks St a good street to buy property on?
Banks St is a local road with a predominantly apartment stock. It is aligned with buyers seeking established, higher-density living in Monterey. The street features older apartment developments from the 1960s, and the limited house stock means buyers looking for detached homes should compare individual sales against nearby properties.
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