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Suburb Insights ยท NSW 2217

Monterey 2217, New South Wales

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Monterey is an outer-metropolitan suburb of Sydney, Australia, with a population of approximately 4,619, making it a boutique locality. Located approximately 13 km from the Sydney CBD, Monterey is a outer metro area in New South Wales. The median household income is $92,820 AUD per year (ABS 2021 Census).

Investment Score

69 / 100 Good

Above-average earnings in Monterey support sustained property values. Its proximity to the CBD adds a strong location premium.

Location

Map shows Monterey, New South Wales, Australia.

Key Indicators

Postcode
2217

Official Australia Post postcode for Monterey. A postcode may cover multiple suburbs.

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Population
4,619

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$480/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$92,820/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
13 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

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Parks & green spaces
2

Estimated 2 parks and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$2,600/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
40% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

Monterey's outer-metropolitan position means more affordable entry points for investors, with potential for capital growth as infrastructure extends outward. Demand is often driven by young families seeking space and value. The median rent of $480/week (ABS 2021) indicates a mid-range rental market. Owner-occupiers face a median mortgage repayment of $2,600/month. The median household income of $92,820/year reflects a solid demographic, supporting sustainable rental demand. With only 40% separate houses, Monterey has a significant apartment and unit market โ€” typical of inner-city investment corridors.

Investment Strategy

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Buy & Hold

Monterey offers moderate buy-and-hold potential โ€” look for properties with value-add opportunities.

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Rental Yield

Rental returns in Monterey are attractive relative to purchase prices, supporting positive cash flow.

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Renovation / Flip

The resale market in Monterey may not support quick-turnaround renovation projects.

Risk Factors

Run the numbers on a Monterey property

Full Property Analysis

30-year projections for Monterey

Scenario comparison, cash flow analysis, tax modelling, and PDF export โ€” all in one place.

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2026 Outlook

Growth: Moderate Rental Demand: Moderate Investor Sentiment: Moderate

Monterey is expected to see moderate price growth in 2026 as the broader New South Wales market stabilises. The rental market in Monterey should see steady occupancy, with moderate upward pressure on rents. The market mood around Monterey is balanced โ€” neither bullish nor bearish heading into 2026.

Frequently Asked Questions

Is Monterey a good suburb for investment?

Monterey is a outer metro area in New South Wales with a population of 4,619. The median rent is $480/week and the median household income is $92,820/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Monterey?

Key demand drivers in Monterey include affordability relative to inner suburbs and expanding infrastructure. 40% of dwellings are separate houses. The area has approximately 1 schools and 2 parks nearby.

What is the population of Monterey?

According to the ABS 2021 Census, Monterey has a population of approximately 4,619. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Monterey from the Sydney CBD?

Monterey is approximately 13 km straight-line distance from the Sydney CBD (calculated from ABS 2021 suburb centroid coordinates). This is within comfortable commuting range with good transport links.

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