Suburb Profile Report for Neutral Bay NSW (2089)

Neutral Bay House: Median price $2,125,000, Annual capital growth 8.56%, Number of sales 31, Weekly median advertised rent $940

Neutral Bay Unit: Median price $875,000, Annual capital growth 6.55%, Number of sales 225, Weekly median advertised rent $590

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

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.

HOUSE UNIT
$2,125,000 $875,000
1.82% -2.78%
-2.30% -1.69%
8.56% 6.55%
$940 $590
31 225
2.30% 3.51%
N/A 56.4

Source: CoreLogic

DSR Score for property investment : Very good (U), Good (H)
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Demographics
Total population 9384
Median household income ($/weekly) 2073
Median age of persons 35
Median housing loan repayment ($/monthly) 2557
Average household size 1.9
  • Census Count Percent(%)
    20-24 years 605 6.4
    25-34 years 2782 29.6
    35-44 years 1714 18.3
    45-54 years 1066 11.4
    55-64 years 987 10.5
    Others 2230 23.8
    Age Group
    Census Count Percent(%)
    Not Married 3433 46.4
    Registered Married 2697 36.5
    Defacto Relationship 1263 17.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 5161 59.2
    South Korea 182 2.1
    Papua New Guinea 342 3.9
    United Kingdom 833 9.6
    Other 724 8.3
    Others 1476 16.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 302 3.6
    Christianity 4829 57.9
    Hinduism 190 2.3
    Judaism 93 1.1
    No Religion 2819 33.8
    Others 104 1.2
    Religious Affiliation
  • Census Count Percent(%)
    $1,250-$1,499 309 7.5
    $1,500-$1,999 526 12.8
    $2,500-$2,999 814 19.8
    $3,000-$3,499 346 8.4
    $4,000 or more 441 10.7
    Others 1675 40.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 4619 58.5
    Not in the labour force 1604 20.3
    Employed, worked part-time 1236 15.7
    Employed, away from work 243 3.1
    Unemployed, looking for work 190 2.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 1159 19.0
    Professionals 2539 41.6
    Community & personal service workers 432 7.1
    Clerical & administrative workers 857 14.0
    Sales 474 7.8
    Others 641 10.5
    Occupation
    Census Count Percent(%)
    Infants/Primary 328 20.3
    Secondary 228 14.1
    Technical or Further Educational Institution 165 10.2
    University or other Tertiary Institutions 650 40.3
    Other type of educational institution 124 7.7
    Others 117 7.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 5523 65.6
    Semi-detached, row or terrace house, townhouse 1703 20.2
    Separate house 1180 14.0
    Caravan, cabin, houseboat 11 0.1
    House or flat attached to a shop, office 7 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 2312 52.9
    Fully owned 1025 23.5
    Being purchased 1021 23.4
    Other tenure type 9 0.2
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals