Back 3/48 Banks Street
Off Market

3/48 Banks Street

Monterey NSW 2217

3
2
1
Apartment
Last sold for $790,000
Kieran ReesKieran Rees, last sold this property on 11 March 2016 after 112 days on market.

Overview

PRIME POSITION

This unique apartment offers house-sized proportions, a commanding location and total privacy. With Monterey beach at your front door, this immaculate first floor apartment awaits your designer finesse. * 3 generously sized bedrooms * Huge main bedroom with ensuite * Beautifully allocated house-size kitchen * Generous open plan lounge and dining * Wrap around balcony to dining area * Well maintained and lots of potential * Updated bathroom and internal laundry * 140m2 including lock up garage Ideally positioned to take advantage of local shops, schools, cafes, hospitals, public transport and all lifestyle requirements. Please Contact Kieran Rees on 0402 364 050 for more information.

Features

3 bedrooms
2 bathrooms
1 carspace
Apartment

Estimated Value

Based on this property and similar 3 bedroom apartments sold in Monterey over the last 12 months, the estimated median property value of 3/48 Banks Street is $1.1m.

Median value
$1.1m
Estimated value range
$960k - $1.4m
Median days on market
26
Estimated value trend
14%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Monterey. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 3/48 Banks Street

2026
Rented
Undisclosed
Leased on 23 Jan 2026 by PRD Perez Real Estate Maroubra
2026
Rented
Undisclosed
Leased on 22 Jan 2026 by PRD Perez Real Estate Maroubra
2025
Rented
Undisclosed
Leased on 19 Sep 2025 by PRD Perez Real Estate Maroubra

Happy sellers in Monterey

90%
90% of sellers in Monterey reported that their sale price either exceeded or met their price expectations.

Monterey stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 24 reviews in Monterey over the last 12 months.

Local market activity for 3 bedroom apartments in Monterey

In the last 12 months, 7 three-bedroom apartments similar to 3/48 Banks Street, have been sold.

This represents a 250% decrease in three-bedroom apartments sales when compared to the previous 12 months.

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