Monterey, NSW
FAIR VALUE3,550 sales · 36 years of data · NSW, Australia
Monterey, NSW Property Market Overview
Monterey, NSW 2217, is a coastal suburb located in southern Sydney, offering a blend of residential living and proximity to the beach. Our analysis of the Monterey property market spans 36 years, capturing 3,550 recorded sales. The current median property price in Monterey is $1,150,000, reflecting a diverse property mix.
Monterey's housing market includes both houses and apartments, with current median prices sitting at $2,588,950 and $902,500 respectively. This range caters to a variety of buyers, from families seeking larger homes to individuals or couples looking for apartment living. Monterey's coastal location and established community make it a notable suburb within the Sydney property landscape.
Property Mix
Data You Can Trust
Every figure backed by NSW government sale records
What Subscribers See
A preview of the full analysis available for Monterey
Top streets in Monterey, NSW by median sale price
See which streets command the highest prices and how many sales back each ranking.
| # | Street | Median Price |
|---|---|---|
| 1 | President Ave | $756,500 |
| 2 | Barton St | $1,452,000 |
| 3 | Monterey St | $2,460,000 |
| 4 | The Grand Pde | $930,000 |
... and 29 more streets available
Subscribers also see:
- Street price per m² analysis
- Street annual growth rates (CAGR)
- Premium vs discount % comparison
Streets by price per square metre
Compare land and building value across streets — essential for finding underpriced pockets.
| # | Street | Median $/m² |
|---|---|---|
| 1 | Culver St | $4,951/m² |
| 2 | Monterey St | $5,127/m² |
| 3 | The Grand Pde | $4,658/m² |
| 4 | Scarborough St | $5,578/m² |
... and more $/m² rankings
View full $/m² data →Fastest growing streets by median price
10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.
| # | Street | 10yr CAGR |
|---|---|---|
| 1 | Monterey St | +6.2% |
| 2 | Barton St | +6.0% |
| 3 | Culver St | +4.4% |
| 4 | Solander St | +2.6% |
... and more street growth rates
See all growth rates →Past growth rates are not indicative of future performance. This data is for informational purposes only.
Building-by-building comparison
| # | Address | Median |
|---|---|---|
| 1 | 21 Robinson St | $1,650,000 |
... and 34 more buildings
Compare individual buildings by price per sqm, median unit price, and sales volume. Identify which buildings are gaining or losing value relative to the suburb average.
View full building data →Flipper risk & hold period analysis
Properties resold within 2 years may signal problems — structural issues, noisy locations, or overpayment. See hold period distribution and flagged streets.
See flipper risk data →Settlement times & problem streets
Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.
See settlement data →Density & development tracking
Track which streets are converting from houses to apartments. Understand how density is changing the suburb's character and property values over time.
See density trends →Unlock the full Monterey analysis
33 streets and 38 buildings to explore
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Monterey at a Glance
Monterey, NSW
Map data © OpenStreetMap contributors
Local Amenities
Living in Monterey, NSW
Living in Monterey offers a relaxed coastal lifestyle with convenient access to amenities. The suburb is close to several schools, including Monterey Primary School and nearby Sans Souci Public School, making it attractive to families. For shopping, residents often frequent the local shops along Bay Street and nearby Ramsgate Beach Plaza.
Monterey boasts several parks and green spaces, such as Cook Park, providing opportunities for outdoor recreation. The suburb's proximity to Lady Robinson's Beach allows for swimming, sunbathing, and coastal walks. The vibe in Monterey is generally laid-back and family-friendly, with a strong sense of community. The suburb is serviced by bus routes connecting to Rockdale and other nearby areas, and Rockdale train station is a short drive away.
Who Buys in Monterey?
Monterey attracts a diverse range of buyers, reflecting its varied property types and price points. The high strata percentage of 49.2% suggests a significant proportion of apartment buyers, including first home buyers and downsizers. The median apartment price of $902,500 makes it relatively more accessible than houses. Families are also drawn to Monterey, attracted by the local schools and parks, although the median house price of $2,588,950 may be a barrier for some. The historical growth rates, indicated by the CAGRs, may appeal to investors seeking long-term capital appreciation.
Market Analysis
Currently, the Monterey property market appears to be near its long-term trend, indicating fair value. This means that, based on historical data and market indicators, property prices in Monterey are aligned with expected values.
This 'fair value' position suggests a balanced market where neither buyers nor sellers have a significant advantage. While the Monterey market isn't experiencing dramatic price increases or declines, it's essential to monitor ongoing economic factors and local developments to understand potential future shifts.
Is Monterey a Good Investment?
Analysing Monterey's growth patterns reveals consistent, long-term appreciation in property values. The 10-year, 20-year, and full-period CAGRs of 3.7%, 4.9%, and 5.4% respectively, indicate a history of steady growth. These growth rates are influenced by factors such as its proximity to the beach, access to amenities, and overall desirability as a residential location.
Currently, the Monterey property market is near its long-term trend, suggesting fair value. This indicates that prices are neither significantly overvalued nor undervalued, based on historical data. The long-term growth rates and balanced market conditions are key factors to consider when evaluating Monterey's property market.
Monterey Market Outlook
As of early 2026, the Monterey property market presents a balanced scenario, near its long-term trend. Recent price trends suggest a period of stability. While specific predictions are difficult, the current market conditions in Monterey indicate a period of consolidation after years of growth. Monitoring interest rates, economic indicators, and local developments will be crucial for understanding future market movements in Monterey.
Streets & Location in Monterey, NSW
Monterey, postcode 2217, boasts a desirable location close to the beach and amenities. Certain streets within Monterey command higher median prices, with BANKS ST, MONTEREY ST, and CULVER ST being among the top streets by median price. In total, Monterey comprises 33 streets, each contributing to the suburb's unique character. Its proximity to Botany Bay and convenient access to major roads enhance its appeal.
Market Dynamics
The Monterey property market exhibits relatively efficient transaction times. On average, settlements in Monterey take approximately 52 days. This timeframe suggests a streamlined process for both buyers and sellers. Data on quick-flips is currently unavailable for Monterey. Understanding settlement times provides insights into the pace of the local market.
Development & Density
Monterey features a mix of housing types, contributing to its overall density. There are 38 apartment buildings within Monterey, reflecting a significant proportion of apartment living. The strata percentage of 49.2% further underscores the prevalence of apartments in the suburb. This mix of houses and apartments caters to diverse lifestyle preferences and affordability levels.
Growth & Property Mix
Monterey's property market has demonstrated consistent growth over the long term. The 10-year compound annual growth rate (CAGR) is 3.7%, while the 20-year CAGR stands at 4.9%. Over the full 36-year period of our data, Monterey has achieved a CAGR of 5.4%. The property mix in Monterey is diverse, with a significant proportion of apartments, indicated by a strata percentage of 49.2%.
All data on this page is sourced from NSW government property sale records. Market analysis, cycle positions, growth rates, and all other metrics are provided for informational purposes only and do not constitute financial, investment, legal, or property advice. Always seek independent professional advice before making any property or financial decisions.
This information is based on historical sales data and does not constitute financial, investment, or property advice. Past performance is not indicative of future results. Always consult a qualified professional before making property decisions.