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40 Banks Street, Monterey

Strata plan SP484 · 15 lots (NSW Strata Hub) · registered 1963-09-12 (age floor) · VG property id 1511449

This building has 5 recorded sales since 2015. Every figure below is a government record with its source named — and the last section lists what the public record cannot tell you.

40 Banks St, Monterey 2217 is a 15-lot strata building with 5 recorded sales since 2015, including 2 in the last 3 years. In the postcode, 1-bed units have a median rent of $605/wk with the middle half of rents between $516–$694/wk; 2-bed units median at $750/wk ($650–$850/wk); and 3-bed units median at $895/wk ($850–$961/wk).

Written by AI from the government records on this page — checked figure-by-figure against them (2026-08-28). A description of the record, never advice.

Every sale in this building

5 priced transfers on the public record since 2015.

In the last three years, 2 lots changed hands — 13% of the scheme's 15 lots. Trailing 36 months of VG transfers ÷ registered lot count.

Unit 4$835k2026-02-02

Unit 6$620k2024-06-14

Unit 8$543k2022-09-23

Unit 7$580k2015-07-14

Unit 6$551k2015-06-09

NSW Valuer General bulk property sales information (CC-BY), every lot sharing this building's property id; unit labels are the register's own strings. Transfers under 3 months apart are excluded as double entries; growth figures are gross price movements, not returns.

What units here actually rent for

1-bed$516–$694/wkmedian $60570 bonds, Q2 2026

2-bed$650–$850/wkmedian $750161 bonds, Q2 2026

3-bed$850–$961/wkmedian $89518 bonds, Q2 2026

Real transacted rents — every residential bond lodged in postcode 2217 (NSW Fair Trading, CC-BY). Postcode is the finest geography the source publishes; the middle half (25th–75th percentile) is shown because identical floor plans in one building can lease hundreds apart.

Nearby buildings with dossiers

48 Banks St5 sales · 18 lots

125 Barton St5 sales · 7 lots

193 President Ave5 sales

197 President Ave13 sales · 30 lots · 100% of resales above purchase

54 Solander St13 sales · 36 lots

What this dossier cannot tell you

Stated so a gap never reads as a clean bill (rule 7's positive form — silence is not evidence):

The strata books. Levies, the capital-works (sinking) fund, insurance, AGM minutes, and any defect claims in progress are not public records. Only a strata report — a paid inspection of the owners corporation's own books — has them. If you are serious about a unit here, buy that report; nothing on this page substitutes for it.
When the building was actually completed. The 1963 registration date is a floor — the scheme existed by then. Occupation certificates aren't in our sources; a conveyancer can obtain them.
Bedrooms on sales records. The Valuer General publishes no bedroom counts, so the sales above are every configuration pooled — a $732k sale and a $1.38M sale may be different-sized homes, not a price swing.
This building's own rents. Bond data is postcode-grain — the ranges above are the area's real transactions, not this building's ledger.
Why any individual vendor is selling. The patterns above are the building's record; no line on this page is a claim about a particular home or owner.

© State of New South Wales (Spatial Services, a business unit of the Department of Customer Service NSW). For current information go to spatial.nsw.gov.au. VG figures: NSW Valuer General bulk property sales information (CC-BY). Every fact above names its source; where a source doesn't cover this building, the section doesn't appear.