Back 4/40 Banks Street
Off Market

4/40 Banks Street

Monterey NSW 2217

2
1
1
Unit
Last sold for $835,000
Michael PyliotisMichael Pyliotis, last sold this property on 01 February 2026 after 216 days on market.

Overview

Top Floor Apartment in Boutique Block - Coastal Convenience

Set in a well-maintained complex of just 10, this light-filled two-bedroom apartment offers a practical layout with inviting indoor-outdoor flow. Enjoying a top-floor position with minimal steps, it's perfectly located just moments from local cafes, shops, beaches, and transport - ideal for first home buyers, investors, or lifestyle seekers. * Two generous bedrooms, both with mirrored built-in robes * Open plan living area flows to sunny east-facing balcony * Updated kitchen with modern appliances and ample storage * Neat bathroom with shower over bathtub * Internal washing machine connection plus shared laundry facilities * Secure lock-up garage * Just footsteps to Lady Robinsons Beach and Botany Bay foreshore walks * Easy access to the airport and CBD DISCLAIMER: Every precaution has been taken to establish accuracy of the above information but does not constitute any representation by the vendor or agent. Prospective purchasers are urged to rely on their own enquiries. Some photos have been virtually styled.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Monterey over the last 12 months, the estimated median property value of 4/40 Banks Street is $800k.

Median value
$800k
Estimated value range
$715k - $1.17m
Median days on market
21
Estimated value trend
4%
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 4/40 Banks Street

2026
Rented
Undisclosed
Leased on 16 Mar 2026 by Metropole Properties Sydney Pty Ltd
2026
Sold
$835,000
Private Sale/Treaty on 01 Feb 2026 by Michael Pyliotis, of Raine & Horne Kogarah
2023
Rented
Undisclosed
Leased on 23 Oct 2023 by Raine & Horne Kogarah

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 2 bedroom units in Monterey

In the last 12 months, 8 two-bedroom units similar to 4/40 Banks Street, have been sold.

This represents a 12% increase in two-bedroom units sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Monterey

or
Skip the list and find your ideal agent to sell your propertyFind My Agent
© 2026 RateMyAgent