Median price
$855k
Apartments · 2 years
Sales (the past 2 years)
265
Active market
Price range
$600k–$1.45M
10th–90th pct
What different budgets can access
| Budget | Market access | Grade | Est. properties |
|---|---|---|---|
| $550,000 | 7% | D — Very limited | ~19 of 265 |
| $700,000 | 18% | D — Very limited | ~48 of 265 |
| $850,000 | 50% | B — Competitive | ~132 of 265 |
| $1,150,000 | 72% | A — Strong access | ~191 of 265 |
Price distribution
Under $450k
4%
$450k–$700k
12%
$700k–$1M
44%
$1M–$1.5M
31%
Over $1.5M
8%
Median price
$2.46M
Houses · 2 years
Sales (the past 2 years)
83
Active market
Price range
$1.85M–$3.19M
10th–90th pct
What different budgets can access
| Budget | Market access | Grade | Est. properties |
|---|---|---|---|
| $1,600,000 | 5% | D — Very limited | ~4 of 83 |
| $2,025,000 | 22% | C — Limited | ~18 of 83 |
| $2,450,000 | 49% | B — Competitive | ~41 of 83 |
| $3,325,000 | 95% | A — Strong access | ~79 of 83 |
Price distribution
Under $1.2M
4%
$1.2M–$2M
17%
$2M–$2.9M
58%
$2.9M–$4.5M
22%
Over $4.5M
0%
Median price
$2.08M
Townhouses · 2 years
Sales (the past 2 years)
10
Thin market
Price range
$1.76M–$2.36M
10th–90th pct
What different budgets can access
| Budget | Market access | Grade | Est. properties |
|---|---|---|---|
| $1,350,000 | 0% | D — Very limited | ~0 of 10 |
| $1,700,000 | 10% | D — Very limited | ~1 of 10 |
| $2,075,000 | 60% | A — Strong access | ~6 of 10 |
| $2,800,000 | 100% | A — Strong access | ~10 of 10 |
Price distribution
Under $1M
0%
$1M–$1.7M
10%
$1.7M–$2.5M
90%
$2.5M–$3.75M
0%
Over $3.75M
0%
See if your budget is realistic for Monterey
Check my search →Frequently asked questions
What is the median apartment price in Monterey?
The median apartment price in Monterey was $855,000 in the past 2 years, based on 265 recorded sales from the NSW Valuer General.
Is Monterey affordable on a $700,000 budget?
A $700,000 budget gives access to approximately 18% of the Monterey apartment market — a limited but not impossible position. You would be competing for properties at the lower end of the market.
How many apartments sold in Monterey in the past 2 years?
265 apartments were recorded in Monterey in the past 2 years by the NSW Valuer General. This classifies it as an active market (30+ sales per year).
What is the price range for apartments in Monterey?
Sale prices in Monterey ranged from $599,700 (10th percentile) to $1,452,000 (90th percentile) in the past 2 years.