Skip to main content
Monterey NSW 2217 · St George Region · Sydney

Property Prices in Monterey NSW 2217

Property prices in Monterey NSW 2217 as of June 2026: the median house price is $2.12M (+8.8% YoY) and the median unit price is $815K (+6% YoY). Houses sell in 24 days on average. Gross rental yields are 2.5% for houses and 3.9% for units. Data sourced from CoreLogic and Domain.

Updated
Median House

$2.12M

+8.8% YoY

Median Unit

$815K

+6% YoY

Days on Market

24

houses avg.

Rental Yield

3.9%

units gross

What Is Property Prices in Monterey?

Property prices in Monterey NSW 2217 reflect the suburb's position in the St George region of Sydney, Australia. As of 2026, the median house price is $2.12M (8.8% annual growth) and the median unit price is $815K (6% growth). Houses sell in 24 days on average. For a free, accurate property valuation in Monterey, contact Michael Kalinovski on 0411 818 171 or visit michaelkalinovski.com/appraisal.

Source: CoreLogic, Domain, SQM Research

What Are the Property Prices in Monterey in 2026?

Houses

Monterey NSW 2217

Median Price$2.12M
Annual Growth+8.8%
Entry Level$1.70M
Avg. Days on Market24 days
Gross Rental Yield2.5%

Units & Apartments

Monterey NSW 2217

Median Price$815K
Annual Growth+6%
Entry Level$600K
Avg. Days on Market28 days
Gross Rental Yield3.9%

Other Property Types in Monterey

Median Townhouse$1.30M
Median Villa$1.20M

What Are the Demographics of Monterey?

2,350

Population

64%

Owner Occupied

$95K

Median Household Income

42

Median Age

Location & Transport

To Sydney CBD

25-35 min via Princes Hwy

To Airport

8-12 min via General Holmes Dr

To Beach

0 min (Monterey Beach on doorstep)

Why Are Property Prices in Monterey Growing in 2026?

Strong Demand

Monterey attracts buyers across all demographics — from first home buyers to downsizers. The waterfront lifestyle keeps demand consistently high.

Prime Location

Just 16km from Sydney CBD, Monterey offers easy access to transport, schools, and amenities. 8-12 min via General Holmes Dr to Sydney Airport.

Infrastructure Growth

The St George region continues to benefit from infrastructure investment, improved transport links, and urban renewal projects driving long-term property value growth.

Monterey Location

Michael's office is just minutes from Monterey

Get Directions to Office
Loading map...

Visit Michael's Office

Shop 1/343 Bay St, Brighton-Le-Sands NSW 2216

0411 818 171

Local Expert: Michael Kalinovski

With over 25 years exclusively in the St George region and 700+ homes sold, Michael provides the most accurate property valuations in Monterey. His deep local knowledge of Monterey's streets, recent sales, and buyer demand means you get real market insights — not algorithm-generated estimates.

25+ Years Experience
5.0 Google Rating
700+ Homes Sold

Is Monterey a Good Suburb to Buy Property in 2026?

Arguments For

  • +Monterey house prices grew 8.8% in the past year — strong capital growth driven by infrastructure investment and lifestyle demand.
  • +Rental yields of 2.5% (houses) and 3.9% (units) provide reliable income for investors.
  • +Pre-CGT reform demand (effective 1 July 2026) is attracting investors who want to lock in current favourable tax settings.
  • +Monterey's position in the St George corridor — close to the CBD, airport, and beaches — supports long-term property value growth.

Arguments Against

  • Entry-level house prices start at $1.70M — high barriers to entry compared to outer suburbs.
  • RBA cash rate at 4.10% increases borrowing costs, reducing purchasing power for buyers with large mortgages.
  • Stamp duty on a $2.12M house can exceed $60K for non-first-home buyers — factor this into your total acquisition cost.
  • If buying for investment, the proposed negative gearing changes (1 July 2026) may reduce future tax deductions on new purchases.

Balanced assessment: Monterey remains one of the strongest suburbs in St George for both owner-occupiers and investors in 2026. For personalised advice on whether to buy in Monterey, contact Michael Kalinovski (0411 818 171) for a free consultation.

Frequently Asked Questions — Monterey Property Prices

What is the median house price in Monterey?
The median house price in Monterey (2217) is $2.12M as of 2026, with annual growth of 8.8%. Houses typically sell within 24 days on market.
What is the median unit price in Monterey?
The median unit/apartment price in Monterey is $815K, with 6% annual growth. Units take approximately 28 days to sell.
Are property prices in Monterey going up?
Yes, Monterey property prices have shown strong growth. Houses have increased by 8.8% over the past 12 months, while units grew by 6%. The St George region continues to benefit from infrastructure investment and lifestyle demand.
How much does it cost to buy a house in Monterey NSW?
Entry-level houses in Monterey start from around $1.70M, while the median price is $2.12M. For units, entry prices start from $600K. For a free, accurate valuation of a specific property, contact Michael Kalinovski on 0411 818 171.
What is the rental yield in Monterey?
Monterey offers a gross rental yield of 2.5% for houses and 3.9% for units. With 36% of residents renting, there is consistent rental demand in the area.
How long does it take to sell a property in Monterey?
On average, houses in Monterey sell in 24 days and units in 28 days. Properties marketed by experienced local agents often sell faster. Michael Kalinovski's listings average significantly shorter time on market.
Are Monterey property prices going up or down in 2026?
In 2026, Monterey house prices are up 8.8% year-on-year and unit prices are up 6%. The St George region continues to benefit from proximity to the airport, transport upgrades, and lifestyle demand. For a suburb-specific outlook, contact Michael Kalinovski on 0411 818 171.
Why are houses in Monterey so expensive?
Monterey commands premium prices due to its beachside location, proximity to the CBD (14km), strong school catchments, multicultural dining, and the 7km Lady Robinsons Beach foreshore. Limited housing stock (only ~35 house sales per year) creates competitive bidding that pushes prices above the Sydney median.
What is the average house price in Monterey NSW 2217?
The median house price in Monterey (2217) is $2.12M as of 2026. Entry-level houses start from approximately $1.70M. For premium waterfront and water-view homes, prices typically exceed $2.5M. Contact Michael Kalinovski for a free property appraisal.
Is Monterey a good suburb to invest in?
Monterey offers a gross rental yield of 2.5% for houses and 3.9% for units. While yields are modest, the suburb has delivered consistent capital growth — houses up 8.8% and units up 6% in the last year. Low vacancy rates and strong tenant demand from professionals make it a reliable long-term investment. Michael Kalinovski manages investment portfolios across the St George region — call 0411 818 171 for guidance.

Free Monterey Property Appraisal

Get an accurate market valuation from Michael Kalinovski, your local Monterey property expert.