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Suburb profile ·Bayside (NSW) LGA · NSW ·2217

Monterey NSW 2217

Monterey is in Bayside (NSW) LGA, NSW, postcode 2217, with population 4,619.

The read

Premium-market

There are enough stretched or weaker signals here that you should assume trade-offs rather than a clean story. Use compare mode to see whether the downside is price, local quality, or weaker momentum before treating it as a target suburb.

$750/wk
Rising
+10.3% YoY
Mar 2025 → May 2026 · 15 periods
NSW Fair Trading · postcode 2217 · May 2026
$750
$678
Mar 2025May 2026
Why it fits

Transport coverage adds a practical access signal. Higher SEIFA context supports a stronger local-quality read.

What to check

Premium pricing raises the bar for yield, affordability, and downside checks. Gross yield looks low for an income-first use case.

Median house
$2.6M
House median, latest period
7.2%YoY D10 vs AU
Median rent
$750/wk
Income-stretched rent market
10.3%YoY D10 vs AU
Gross yield
1.5%
Low yield band
D3 vs AU
Population
4,619
5K local footprint
D9 vs AU
Schools
No matched school data
Drive to city
21 min
18.2 km to Sydney CBD · free-flow
Transit to city
56 min
Public transport to Sydney CBD · weekday 8am
Solar
1,352
116 added 12mo · 11MW
Price cycleAt its peak
LowPeak

At / near its all-time high

See trend depth →

Price history

Houses to Q3'25 · Units to Q4'25 — house and unit medians are released on separate cycles, so their latest period can differ.

Trend & investor depth

Cycle positionAt its peak
Low · 2006Peak · 2025

At / near its all-time high

Price growth (compound)% per year
3-yr
+2.7%
5-yr
+10.3%
10-yr
+5.6%
Affordability trajectoryWorsening
Price
+12.7%/yr
Income
+3.9%/yr

Growth in median price vs median household income — worsening — prices outgrowing incomes.

Indicative cashflow-$1,896/wk (-$98,614/yr) · interest-only @ 6.2%, 80% LVR
Market turnover3.7% of homes traded/yr (68 sales · -2% vs 3-yr avg)
Rent stabilitystable — rents vary ±2.8% around trend (short window, 15 pts)
Value vs advantage+131% vs suburbs of similar SEIFA advantage (decile 7)

Indicative cashflow is interest-only and excludes tax — use the calculator for a full projection. Turnover divides recorded sales by an estimated household count (population over average household size).

Investment grade

Fgrade · 14/100 · top 86% of 3,605AU suburbs
Peer distributionstronger than 14% of AU suburbs
WeakerTypicalStronger
Capital growth34
Rental yield8
Stability35
Volatility-12.1ppCycle-2.0Affordability-1.5

Bar = this suburb's percentile · tick = typical (median) peer · stability drivers signed (+ = steadier)

Relative grade across Australian suburbs, combining qp's capital-growth (multi-year CAGR + cycle timing), rental-yield, and stability (price volatility + cycle + affordability) metrics via a three-pillar property-scoring method with an imbalance penalty. Within-Australia relative, indicative only — not financial advice.

Investor profile

Who invests in Monterey

Owner-occupied 69%Rented 31%
Investor activityATO
Negatively geared8.5%
1,682 of 3,466 landlords
Avg rental loss$11,480/yr
Landlords (rental income)3,466
Reported capital gains1,530
Investor exposure index(moderate vs national)54.2/100
The read

Mixed owner-renter market

67% of homes here are owner-occupied and 31% rented, with 9% of landlords negatively geared.

Why it fits

A balanced 67% owner-occupier / 31% renter mix.

ABS Census 2021 tenure (G37), ATO postcode rental statistics, and QuickProperty's investor-exposure index. Owner-occupied = owned outright + with a mortgage.

Mortgage affordability

160%
of household income to service a new loan
37.0 yrs
to save a 20% deposit
Severe
housing-stress band
Rent vs buyRenting cheaper

New-loan repayment $12,365/mo vs median rent $3,250/mo (+280% · +$2103/wk)

If rates move

At 4.0%: $9,846/mo (-2,519) · at 6.0% (current): $12,365/mo · at 8.0%: $15,133/mo (+2,768)

Assumes a 20% deposit and a 30-year principal-and-interest loan at the current RBA new owner-occupier variable rate, against median weekly household income (ABS Census 2021). Stress bands follow the 30% / 45%-of-income thresholds used in ANZ-CoreLogic and AIHW reporting. Rent vs buy compares that repayment with the suburb's median advertised rent; it excludes rates, insurance, maintenance and deposit opportunity cost.

Stronger alternatives nearby

Higher yield

similar price · cross-LGA

Stronger 5-yr growth

similar price · cross-LGA

More affordable

lower price-to-income

Alternatives are similar-priced suburbs (0.7–1.4x this suburb's median) in other council areas that exceed it on the named metric. Indicative — not financial advice.

Affordability

Buying
27.8x
median home price as a multiple of annual household income
Stretched
Renting
42%
median weekly rent as a share of gross household income (the 30% rule)
High stress

Owners with a mortgage repay a median of $2,600/mo, while renters pay about $3,250/mo — renting runs $650/mo higher on these medians.

Median price
$2.58M
Household income · yr
$93K
Median rent · wk
$750
Owner mortgage · mo
$2,600
Gross yield
1.5%

Household income

$93K household · yr+12.8% vs NSW suburb median
Personal
$44K
Family
$118K
Household
$93K
Household income distribution (ABS Census 2021 · weekly)fewer than 16% could service the median house
Under $300
98
$300-649
182
$650-999
204
$1,000-1,499
255
$1,500-1,999
202
$2,000-2,999
308
$3,000-3,999
204
$4,000+
273

Serviceability line: a household needs about $9,511/wk to hold a new loan on the median house at 30% of income (20% deposit, 30-year P&I, current RBA rate).

At the median asking rent, about 66% of households here would spend more than 30% of income on rent (rent stress line: $2,500/wk income).

Median taxable income trend (ATO, 2018-19 – 2022-23)$53K → $61K

Housing stock and tenure

Tenure (1,811 households)0.9% social housing
Owned outright
37%
Owned with mortgage
30%
Rented
31%
Dwelling structure7.4% of dwellings unoccupied on census night
Separate house
44%
Townhouse / semi
22%
Flat / apartment
35%

Getting to work: 53% drive, 2% public transport, 2% walk or cycle, 38% worked from home (2021 Census, taken during COVID-era work-from-home arrangements).

Livability

25/ 100 livability index

Top 75% most liveable of 4,565Australian suburbs.

Peer distributionstronger than 25% of Australian suburbs
WeakerTypicalStronger
Everyday access34
Public transport (21 stops)56
Schools & hospitals0

Bar = this suburb's percentile · tick = typical (median) peer

Suburb-level access-density index (not an address-level walk-time score), normalised within Australian suburbs. Method based on the Urban Liveability Index (Higgs et al. 2019) and Walk Score — three equal-weighted domains combined with an imbalance penalty.

Crime April 2025 - March 2026
4,378
2,355 per 100k
D4 vs AU

Crime

Rate · per 100k2,355
Total incidents4,378· April 2025 - March 2026
  • Assault1,01265%
  • Sexual Offences23915%
  • Robbery181%
  • Break And Enter29719%

Bushfire exposure

No mapped exposure ~0.0%
~0.0% of the suburb is Bush Fire Prone Land

Estimated exposure to NSW RFS Bush Fire Prone Land (CC BY), point-sampled across the suburb. This shows how much of the suburb sits within the official hazard layer — it is not a Bushfire Attack Level (BAL) rating or a property-level assessment. Obtain a BAL assessment (AS 3959) for an individual property.

Short-term rentals

6
active listings · ~1.3 per 1,000 residents
83%
entire homes (vs private rooms)
33%
run by multi-listing operators

Active Airbnb listings point-mapped to this suburb from Inside Airbnb (CC BY 4.0). Occupancy and revenue are estimates from Inside Airbnb's San Francisco model (review-rate proxy, minimum-stay assumption, occupancy capped at 70%) — they are gross, indicative, and not a guarantee of returns. Short-stay letting is subject to state and local regulation.

Planning zones

Dominant zone Low Density Residential
Residential 69% Public / Open space 14% Other 10%
Residential density: Low · 7% growth-zoned

Land-use mix estimated by point-sampling the suburb against NSW EPI Land Zoning polygons (CC BY 4.0). This is a suburb-level snapshot of planning zones, not a parcel-level zoning certificate or development advice. Check the relevant planning scheme for an individual property.

Population outlook

13,648 people · 202213,921 by 2032 (+2.0%)

ABS population projection (2022 base) for the Monterey - Brighton-le-Sands - Kyeemagh SA2 statistical area — the finest official projection grain available; suburb-level projections do not exist.

Full data detail Census · ATO · ABS · state datasets
Monterey NSW — Property Data and Demographics

Monterey (postcode 2217) is a smaller suburb in New South Wales within the Bayside (NSW) local government area. The area has roughly 4,619 residents and an established family demographic, with a median age of 44. Households earn a median income of $93K per year, with an average household size of 2.5 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.9% year-on-year at the LGA level. NSW employment has moved +1.2% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. NSW also had 35 Commonwealth-backed major projects under construction, 17 underway, and 67 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, managers, clerical & administrative. Employment in the area leans toward healthcare and construction. The top ancestries reported are Greek, Australian, English.

The median house price in Monterey is $2.6 million, having posted strong gains by 7.2% over the past year. Units have a median price of $831,000 (-2.5% YoY). The current median weekly rent is $750. This gives a gross rental yield of approximately 1.5%. The median monthly mortgage repayment is $2,600.

Public transport access includes 21 bus stops. The crime rate in the Bayside (NSW) LGA is below average at 2,355 incidents per 100,000 population.

From an investment perspective, Gross rental yield sits at around 1.5% (low yield). Property prices are above the state median ($2.6M/$1.5M), placing it in the premium segment. The price-to-income ratio of 27.8x is considered stretched. House prices have moved +7.2% year-on-year. Population growth of +0.9% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.

Market & money
Investment signalsHeuristics
Rental Yield1.5% Low Yield
Price vs State$2.6M/$1.5M Above Median
Affordability27.8x Stretched
Price Momentum+7.2% Rising
Pop. Growth+0.9%· Stable
Development+0%· Steady
InvestmentNSW
Mortgage · mth$2,600
Rent · wk(Census)$480
Market rent · wk(2026-05)$750
Gross yield1.0%
Price / income27.8x
Sales vol (latest Q)(2025-Q3)6
Population growth · Bayside (NSW) LGAABS ERP
Population (2025)187,770
5-year growth+1.3% CAGR
YoY change+0.9%
20012025
Development · Bayside (NSW) LGAABS Approvals
Approvals (2026)590
Houses 22%Units 78%
YoY change+0%
Employment · Bayside (NSW) LGASALM
Unemployment (Dec-25)3.3%
YoY change+0.1pp
Dec-10Dec-25
Property investors · Postcode 2217ATO
Negatively geared8.5%
1,682 of filers
Avg rental loss$11,480/yr
Landlords (rental income)3,466
Reported capital gains1,530
People & prosperity
DemographicsCensus 21
Population4,619
Median age44
Household size2.5
HH income · wk$1,785
Personal income · wk$847
Persons / bedroom0.9
IncomeATO 22-23
Median income$61,324
Mean income$78,307
Earners9,285
YoY change+7.8%
SEIFA indexABS
Advantage (IRSAD)7/10
Education (IEO)9/10
Economic (IER)5/10
Disadvantage (IRSD)9/10
Income momentumCensus 16→21
HH income · wk$1,498 → $1,785
Change+19.2%
vs NSW median-1.4 pp
Median rent+6.7%
stablevs NSW 2016–21
Area & amenity
Local amenitiesOSM
Supermarkets0
Pharmacies0
GP / clinics0
Fuel stations0
Cafes & dining4
TransportGTFS
Bus stops21
Hospitals · Bayside (NSW) LGAAIHW
Public1
Private3
St George Hospital NSWpublic
Aesthetic Day Surgeryprivate
St George Private Hospitalprivate
Wesley Hospital Kogarahprivate
Aged care · Bayside (NSW) LGAGEN
Facilities20
Residential places1,554
Huntingdon Gardens Aged Care Facility171 places
Estia Health Bexley Park146 places
Macquarie Lodge Aged Care Plus Centre130 places
Heritage Botany112 places
Scalabrini Village Nursing Home (Bexley)110 places
St Patrick's Green96 places
+14 more in Bayside (NSW) LGA
Childcare · Bayside (NSW) LGAACECQA
Services120
Approved places6,882
Exceeding NQS23
SCECS OSHC St Therese Mascot164 places
Star Club139 places
Bexley North Public School P and C Before and After Child Care Centre120 places
Daceyville OSHClub120 places
Ramsgate Out of School Hours Care Centre Inc120 places
SCECS OSHC St Francis Xavier's Arncliffe120 places
+114 more in Bayside (NSW) LGA
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Current status
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Sources & freshness
Strong evidence

There is enough direct local evidence on Monterey for a first-pass decision.

QuickProperty mixes release files, Census baselines, and matched local services on this page. Read the status panel before treating every metric as equally fresh.

PRICE POSTURE
NSW price medians are parser-guarded official records.

Official sale records parsed from cached Bulk PSI ZIP files with parser guardrails for token sales, non-house zoning, and low-value strata component records

RENT POSTURE
Rent is using a state market dataset when available.

Use current rent as a starting signal, not as a fixed underwriting truth.

SERVICE POSTURE
Service coverage is matched locally, not inferred nationally.

Schools, transport, and hospitals are useful as presence signals, but they still have different source cadences.

Data status
Property prices
NSW Valuer General · 2025-Q3 · Official sale records parsed from cached Bulk PSI ZIP files with parser guardrails for token sales, non-house zoning, and low-value strata component records
medium stability · automated · every update · weekly
Available
Market rent
NSW Fair Trading · 2026-05 · State market dataset
stable source · automated · every update · monthly
Available
Crime
BOCSAR · April 2025 - March 2026 · Area-level release dataset
medium stability · automated · every update · release-based
Available
Schools
ACARA 2025 · No local school matches exposed
stable source · automated · every update · annual
Missing
Hospitals
AIHW · No linked local hospital coverage
medium stability · manual file · snapshot · mixed
Missing
Transport
GTFS feeds · 21 matched stops/stations
medium stability · manual file · snapshot · mixed
Available
Population growth
ABS ERP · 2025 · Annual estimate series
stable source · automated · every update · annual
Available
Building approvals
ABS Building Approvals · 2026 · Annual release series
stable source · automated · every update · monthly
Available
Available means a direct local dataset is linked. Verify means coverage exists but freshness or precision is weaker, such as ABS price fallback, Census rent fallback, or low-confidence hospital matching.

Monterey FAQ

Common questions
  1. What LGA is Monterey in?

    Monterey is in the Bayside (NSW) Local Government Area, NSW, postcode 2217. Council-level context for Bayside (NSW) LGA (suburb mix, population, rent, and price coverage) is available on the QuickProperty LGA page.

  2. What is the median house price in Monterey?

    The current median house price in Monterey, NSW is $2.6M, based on the latest available sales data from state Valuers General offices and ABS Data by Region.

  3. What is the typical weekly rent in Monterey?

    The median weekly rent in Monterey is $750/wk, based on the current market rent dataset. The current rent signal is income-stretched rent market.

  4. What does the rent signal say about Monterey?

    Income-stretched rent market: Weekly rent screens at about 64% of annual income. Use this as a suburb screening signal before comparing candidates or modelling a purchase; the matching rent ranking can provide broader market context.

  5. Is Monterey a good investment?

    QuickProperty's investment signals for Monterey show: Low Yield, Above Median, Stretched. These are computed from price, rent, income, and population data — not an opaque score.

  6. Where does QuickProperty get its data for Monterey?

    Property prices come from state Valuers General offices and ABS Data by Region. Demographics are from ABS Census 2021. School ICSEA scores are from ACARA. Crime statistics are from state police agencies. Transport data is sourced from GTFS feeds.

  7. How often is the Monterey data updated?

    Property prices update quarterly. RBA macro indicators update with each deploy. Demographics are from Census 2021. School ICSEA scores are from ACARA 2025.