With a capital gain of -2.30% for the last 12 months, Neutral Bay, 2089 has performed for property investments than its average annual 8.56% property growth over the last 5 years.
While Neutral Bay,2089 ranked number 641th in NSW for increase in median house value (annualised) increase, it is ranked 234th over the last 5 years.
Neutral Bay is 1079th on a list of best yielding suburbs for rents in NSW with a 2.30% return
Neutral Bay, 2089 ranked 458th in NSW when comparing growth in median property values or capital gain over the last 12 months. Neutral Bay is one of 3163 in our list for NSW
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Neutral Bay has increased when compared to the 5 year average annual rate.
Property investors looking for a bargain in Neutral Bay should be aiming for at least -4.48% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 225 properties changed hands in Neutral Bay, which puts it as the 43th most active market in NSW when comparing the number of sales per suburb.