Monterey
Suburb profile, market snapshot and recent listings for Monterey, NSW 2217.
About Monterey
Welcome to Monterey
Monterey sits on the shores of Botany Bay in Sydney's south, roughly 18 kilometres from the CBD, wedged between Ramsgate, Ramsgate Beach, Beverley Park, Kogarah and Carlton. It's a compact, low-key pocket of the St George area, better known to many Sydneysiders for its waterfront strip along Botany Bay than for any high-street buzz, and that suits the people who live here just fine.
With a population of around 4,619 and a median age of 44, Monterey has settled into itself as a suburb of established households and long-term locals rather than a churn of share-house renters. It's a place that appeals to downsizers, families after bay views without inner-city prices, and anyone who wants a quiet, water-adjacent base with the conveniences of Kogarah and Rockdale close at hand.
Lifestyle & dining
Life in Monterey revolves substantially around the Botany Bay foreshore, where a shared cycle and walking path draws joggers, cyclists and dog walkers at most hours of the day. There's a low-rise, unhurried feel here, with the beachside promenade doubling as the suburb's main social space rather than any single cafe strip.
For dining and larger shopping needs, residents tend to head just next door into Ramsgate Beach or Kogarah, both of which offer a broader spread of cafes, restaurants and takeaway options. Rockdale, a little further along, adds another layer of choice, meaning Monterey locals get to enjoy a quiet residential base while still having plenty of options a short drive or bus ride away.
Shopping
Monterey itself is light on retail, which is part of its appeal for those after a purely residential setting. Everyday shopping is generally done in neighbouring Kogarah, which has a proper town centre with supermarkets, specialty stores and services, or in Ramsgate and Rockdale, both within easy reach for grocery runs and errands.
Getting around
Monterey doesn't have its own train station, so residents typically rely on bus services connecting through to Kogarah and Rockdale, both of which sit on the Eastern Suburbs & Illawarra line and provide direct rail access into the Sydney CBD. Kogarah station in particular is a short trip away and serves as the main gateway to the broader rail network.
For drivers, the suburb's position between Botany Bay and the Princes Highway corridor makes for reasonably straightforward access north to the city or south towards the Sutherland Shire and Sydney Airport, the latter being a genuine drawcard for residents who travel frequently.
Schools & families
With a median age of 44, Monterey leans towards established families and older residents rather than young share-house tenants, and the surrounding St George area is well served by primary and secondary schools in Kogarah, Ramsgate and Carlton. Families here often value the proximity to the bay for weekend recreation as much as the school options themselves, with walking and cycling paths offering an easy alternative to organised sport.
Parks & recreation
The standout drawcard is the Botany Bay foreshore reserve, which gives Monterey a genuine waterfront lifestyle without the density or price tag of an ocean beach suburb. The foreshore path links through towards Ramsgate Beach, making it easy to extend a walk or ride well beyond the suburb's own boundaries, and there are grassed areas and picnic spots along the way that get plenty of use on weekends.
The property market
Current listings in Monterey show a fairly even three-way split in dwelling type, with houses making up 39% of stock, townhouses 36% and apartments or units the remaining 25%, reflecting the suburb's mix of older waterfront houses and more recent medium-density development. The median unit and apartment price sits at $845k, a figure that reflects the premium attached to Monterey's bay-side position relative to some neighbouring suburbs further from the water.
Buyers drawn to Monterey are typically after that combination of water proximity and relative quiet, and the closeness of Kogarah's transport and retail hub adds to the appeal without the suburb itself needing to carry that infrastructure. It's a market that tends to attract owner-occupiers looking for a longer-term hold rather than short-term investors chasing rapid turnover.
Market snapshot
Monterey property market
Median sale price
$845k
Unit · 2 bed
Median rent
$690
per week
Gross rental yield
4.2%
annual rent ÷ sale price
Typical price range
Entry
$676k
Median
$845k
Premium
$1.43m
Days on market
28
Auction clearance
100%
Sold this year
29
Median sold price trend · Unit 2 bed
Compound growth +1.4% / yr over 4 yrs
Median price by bedrooms · Unit
Property types on market
Share of current listings in Monterey by dwelling type.
Who lives here
Demographics
ABS Census 2021 figures for Monterey, NSW 2217.
Population
4,619
residents (2021)
Median age
44
years
Household income
$1,785
median, per week
Median rent
$480
per week
Median mortgage
$2,600
per month
Mortgage / income
34%
stretched (>30%)
Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.
Recent results
Recently sold in Monterey
$3.73m
34 Robinson Street
Sold ~July 2026
$770k
8/157-159 The Grand Parade
Sold ~July 2026
$820k
14/41-43 Banks Street
Sold ~June 2026
$2.70m
179 The Grand Parade
Sold ~June 2026
$1.75m
12 Chuter Avenue
Sold ~June 2026
$850k
11/209 President Avenue
Sold ~June 2026
Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.
Explore the area
Properties & amenities in Monterey
Compare the area
Price map around Monterey
Every listing for sale near Monterey, coloured by price — so you can see how it stacks up against the streets and suburbs next door.
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Nearby suburbs
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Common questions
Monterey suburb FAQ
What is the median property price in Monterey?
The median unit price in Monterey, NSW is $845k for a 2-bedroom home. Over the past year, median sold prices have risen about 7.0%.
How much is rent in Monterey?
The median weekly rent in Monterey is around $690 per week.
Is Monterey a good place to live?
Monterey is a suburb in southern Sydney, in the state of New South Wales, Australia 15 km south of the Sydney central business district and is part of the St George area. Monterey is an established residential suburb in NSW, with a population of around 4,619.
What is the population of Monterey?
Monterey has a population of 4,619 (ABS 2021 Census), with a median age of 44.
How long do homes take to sell in Monterey?
Properties in Monterey take around 28 days to sell on average, with an auction clearance rate of about 100%.
How much do you need to buy in Monterey?
Entry-level properties in Monterey start around $676k, while premium homes reach $1.43m.
What suburbs are near Monterey?
Suburbs near Monterey include Beverley Park, Ramsgate, Kogarah, Ramsgate Beach and Carlton.
Fresh to market
New this week in Monterey
Opportunity Knocks | Double Brick Bayside Home - 13.7m Frontage
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Available now