3/1-3 Solander Street Monterey NSW 2217

3/1-3 Solander Street Monterey NSW 2217
Spacious townhouse on 1369sqm lot |Freshly listed after 20-year hold |Beachside position draws downsizers |Est. $2.21m value signals strength. This three-bedroom townhouse on a generous 1369sqm lot suits downsizers or small families drawn to low-maintenance beachside living. Its substantial land size sets it apart in a street of more compact townhouses and homes, offering rare scope for private outdoor space amid Monterey’s tight lots. The two-level design delivers versatile living across spacious interiors, adapting well to modern households without the upkeep of freestanding properties. Last sold in 2006, it reflects the long holding periods common for such assets here, where beach proximity locks in steady appreciation. Buyers typically include professionals or retirees seeking single-car convenience paired with room to breathe, rather than high-traffic family compounds. Comparable three-bedroom townhouses nearby have moved briskly, underscoring demand for this scale in a market favoring versatile, position-driven buys. The oversized lot underpins enduring value, buffering against density pressures while enhancing lifestyle appeal close to the water. In a suburb where land efficiency trumps expansion, this property’s footprint positions it for resilient performance over time. Its recent market entry after two decades hints at calculated timing amid stable local demand.
Detailed Independent Property Report prepared  by PropCred Analyst team for 3/1-3 Solander Street Monterey NSW 2217
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Market Insight:

Monterey is a bayside suburb offering proximity to the CBD and airport with a quieter coastal feel. It attracts families, professionals and investors seeking value relative to inner-east suburbs. Demand is driven by location, lifestyle and transport access. Some unit stock moderates capital growth potential. Price growth is steady, supported by its strategic positioning. It represents a mid-tier bayside market.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

1

Land

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