Investment Property Guide

Invest in Monterey Property

Monterey NSW 2217 offers strong investment returns in Sydney's St George region in 2026. Unit rental yields average 3.9% gross, with house yields at 2.5%. Capital growth is 6% for units and 8.8% for houses over the past 12 months. Michael Kalinovski has 25+ years of investment property expertise. Call 0411 818 171.

Updated April 2026

3.9%

Unit Yield

2.5%

House Yield

+6%

Unit Growth (1yr)

6/10

Investor Rating

Find Investment Properties Investment Calculator

Monterey Investment Analysis – March 2026

Units & Apartments

Recommended

Median Purchase Price$815K

Gross Rental Yield3.9%

Est. Weekly Rent$611/week

12-Month Growth+6%

Days to Lease28 days avg

Houses

Median Purchase Price$2.12M

Gross Rental Yield2.5%

Est. Weekly Rent$1019/week

12-Month Growth+8.8%

Days to Lease24 days avg

Why Investors Choose Monterey

Monterey scores 6/10 for investment suitability based on yields, growth, and tenant demand.

Strong Yields

Unit yields of 3.9% outperform Sydney metro average of 3.2%

Capital Growth

6% unit growth in past 12 months indicates strong demand

Tenant Demand

36% of residents are renters, ensuring consistent tenant pool

Neg. Gearing

Properties may qualify for negative gearing tax benefits

Monterey Tenant Demographics

2,350

Population

Median Age

36%

Renting

$95K

Median Income

Typical Tenant Profile:

waterfrontquietfamilyscenicpremium

Investment Purchase Costs in Monterey

Estimated costs based on the Monterey median unit price of $0.81M in 2026.

Cost Item	Estimated Amount	Notes
Transfer Duty (Stamp Duty)	$31.4K	NSW standard rate
Conveyancer / Solicitor	$1.5K – $2.5K	Contract review & settlement
Building & Pest Inspection	$600	Recommended for all purchases
Strata Report	$350	Essential for units — reveals levies, sinking fund, by-laws
Loan Application Fee	$600	Varies by lender
Lenders Mortgage Insurance (LMI)	Up to $16.3K	If deposit < 20%; can be waived with guarantor

NSW Stamp Duty CalculatorSource: NSW Revenue, 2026 rates

Recent Sales in Monterey

Properties sold in 2217 in the last 3 months

house

39 Railway Parade, Monterey

4 bed2 bath

Sold$1.81M

Feb 202624 days on market

unit

1/185 King Street, Monterey

2 bed1 bath

Sold$705K

Feb 202618 days on market

townhouse

40 Bay Street, Monterey

3 bed2 bath

Sold$1.18M

Jan 202632 days on market

house

77 The Grand Parade, Monterey

5 bed3 bath

Sold$2.29M

Jan 202621 days on market

unit

26/14 Princes Highway, Monterey

1 bed1 bath

Sold$580K

Dec 202528 days on market

Sale prices are indicative and sourced from publicly available data. Contact Michael for accurate current market data.

What Monterey Clients Say

Real results from real clients in Monterey and surrounding suburbs

“We've been in Monterey for 20 years and finally found our forever home with Michael's help. He understood what makes this quiet pocket special.”

The Angelopoulos Family

Family Home • Monterey • 2025

“Selling our Monterey home after 30 years was emotional. Michael handled everything with professionalism and achieved $200K above our expectations.”

Robert & Jane P.

Waterfront Villa • Monterey • 2025

“Michael found us a unit with bay glimpses in Monterey. Perfect location near Scarborough Park for our kids.”

The Nguyen Family

Bay-view Unit • Monterey • 2024

Investing FAQs for Monterey

Common questions about buying property in Monterey

Is Monterey a good investment suburb?

Monterey offers 2.5% house yields and 3.9% unit yields. Limited supply and waterfront premium drive consistent capital appreciation. This is long-term wealth building.

What rental yields can I expect in St George?

St George offers rental yields of 2.5-3% for houses and 3.5-4.5% for units. Suburbs like Rockdale and Hurstville offer higher yields due to strong professional tenant demand.

Is St George good for negative gearing?

Yes, properties with strong capital growth potential and moderate yields work well for negative gearing strategies. Michael can analyse specific properties for investment suitability.

What are vacancy rates like?

St George has extremely low vacancy rates (under 1.5%) due to strong demand from professionals, families, and students. This means minimal rental income interruption.