AT A GLANCE
30
total lots in this scheme
Managed by Whelan Property Group Pty Ltd. Located in Monterey, NSW. 116 other strata plans nearby
Lots
30
Year built
1965
Last report
—
Boundary sourced from NSW Spatial Services (StrataHub).
About this building
53-55 Banks Street is a 30-lot residential strata scheme in Monterey, registered in 1965 and now about 61 years old. It is managed by Whelan Property Group Pty Ltd and is one of 117 strata plans in Monterey (Bayside council area). Every unit at 53-55 Banks Street (lots 1–30) is part of strata scheme SP1295, so the levies, by-laws and disputes below apply to all of them. We found no NCAT tribunal decisions naming SP1295.
Buyer's snapshot
Everything a buyer should know about 53-55 Banks Street, on one page
- A red/amber/green verdict on each risk, with the evidence
- Plain-English summaries of every tribunal and court case
- Questions to ask the agent and strata manager
- A PDF you can forward to your conveyancer
Plan Details
- Plan Number
- SP1295
- Registered
- 1965-03-25
- LGA
- BAYSIDE
- Postcode
- 2217
Lot Breakdown
- Total Lots
- 30
- Residential
- 30
Building Age
61
years old
Registered 25 March 1965
Heritage-age building. Expect ongoing major maintenance costs. Check for heritage listing which may affect renovation options
Strata Manager
Licence: 1373234
Last AGM: 6 August 2025
About 1 year ago
Annual Reporting
12 Sept 2025
Status
active
Disputes in Monterey
No published NCAT or court decision names a strata plan in Monterey — including this building. That is not the same as no disputes: most strata disputes settle or are decided without a published judgment, and only decisions that name a plan number can be matched to a building at all.
Comparable Buildings in Monterey
Other strata plans in the same suburb, ordered by similarity in building size.
| Building | Lots |
|---|---|
| 197-199 President Avenue SP4601 | 30 |
| 41-43 Banks Street SP3390 Managed by Peter Clisdell Pty Ltd | 30 |
| 143-144 The Grand Parade SP2089 Managed by Network Strata Services Pty Limited | 29 |
| 147 The Grand Parade SP412 Managed by Result Property Group Pty Ltd | 32 |
| 45-47 Banks Street SP1461 Managed by Peter Clisdell Pty Ltd | 26 |
| 157-159 The Grand Parade SP2816 Managed by Peter Clisdell Pty Ltd | 25 |
Comparables are other strata plans in Monterey with similar lot counts.
Other strata buildings on Banks Street
- 41-43 Banks Street
SP3390 · 30 lots
- 45-47 Banks Street
SP1461 · 26 lots
- 30-32 Banks Street
SP1746 · 24 lots
- 35 Banks Street
SP553 · 23 lots
- 39 Banks Street
SP581 · 23 lots
- 44 Banks Street
SP171 · 22 lots
- 50 Banks Street
SP30 · 21 lots
- 34 Banks Street
SP1073 · 20 lots
More buildings managed by Whelan Property Group Pty Ltd
- 243-271 Pyrmont Street, Pyrmont
SP50946 · 563 lots
- 360 Harris Street, Pyrmont
SP75156 · 432 lots
- 1 Kirby Walk, Zetland
SP88564 · 344 lots
- 20 Parkes Street, Harris Park
SP103396 · 343 lots
- 66-72 River Road, Ermington
SP94414 · 329 lots
- 1 Burroway Road, Wentworth Point
SP95041 · 279 lots
Risk & History
Sales History
Recent Sales
| Date | Unit | Price |
|---|---|---|
| 14 Mar 2025 | Lot 3 | $782,000 |
| 9 July 2024 | Lot 1 | $685,000 |
| 1 Mar 2024 | Lot 25 | $520,000 |
| 12 Feb 2024 | Lot 19 | $730,000 |
| 23 Oct 2023 | Lot 20 | $650,000 |
| 4 Aug 2023 | Lot 18 | $665,000 |
| 2 June 2023 | Lot 26 | $500,000 |
| 15 Nov 2022 | Lot 13 | $650,500 |
| 31 Oct 2022 | Lot 14 | $575,000 |
| 14 Jan 2022 | Lot 4 | $570,000 |
34 sales total
Source: NSW Valuer General. Prices are as reported in settlement data and may not reflect current market values. Sales marked “Price withheld” are excluded from price calculations.
Crime Statistics
These statistics cover the entire Bayside local government area, not this specific property.
Crime rates in Bayside LGA are lower than the NSW state average. (Oct 2024 - Sep 2025)
Source: NSW Bureau of Crime Statistics and Research (BOCSAR). Rates are per 100,000 population. Rank is out of 119 LGAs (1 = highest rate).
Neighbourhood
Suburb Profile
MONTEREY, NSW 2217
Transport Accessibility
Transport Score: C
Moderate public transport access
Nearest Train
Kogarah
1.9km away · ~24 min walk
Bus Stops
14 within 500m · 33 within 1km
Source: Transport for NSW GTFS data (CC BY 3.0 AU). Distances are straight-line (not walking). Walking times assume 80m/min. Transport Score is indicative only.
Short-Term Rentals Nearby
4
Listings within 200m
$400
Median / Night
0
Commercial Hosts
2
High Availability
Listing Types
Nearest Listings
Beach view apartment
$713
/night
Beach Front Home, Monterey
$550
/night
Beachside Villa
$250
/night
Cosy Room next to the Beach
$112
/night
NSW Short-Term Rental Rules
- •180-day cap for non-hosted short-term rentals in Greater Sydney (60 days in some fire-prone or Byron Shire areas)
- •Strata schemes can ban non-hosted STRA via a Section 137A by-law (requires 75% special resolution)
- •All STR properties must be registered on the NSW STRA Register
Source: Inside Airbnb (CC BY 4.0). Data is from a periodic scrape of Airbnb listings and may not be current. "Commercial hosts" are those with 3+ total listings. "High availability" = listed 180+ days/year.
School Catchment Zones
This property falls within the following NSW government school intake areas.
Primary
Brighton-Le-Sands PS
primary
Secondary
Bayside HS
high coed
Source: NSW Department of Education. Catchment zones are updated nightly and subject to change. Visit School Finder for official information.
BUILDING BASICS
- Lots
- 30
- Residential
- 30
- Year built
- 1965
- LGA
- BAYSIDE