Property value increases in Neutral Bay have tracked higher than the NSW average of 7.15% over the last 12 months.
Across a shorter period, Neutral Bay, 2089 has seen a median price increase of -1.49% over the last quarter.
In the last year 31 properties changed hands in Neutral Bay, which puts it as the 934th most active market in NSW when comparing the number of sales per suburb.
Situated 3.70km from the CBD, Neutral Bay is one of North Sydney localities in the postcode 2089.
Neutral Bay has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of 7.78% to date .
While Neutral Bay,2089 ranked number 311th in NSW for increase in median house value (annualised) increase, it is ranked 122th over the last 5 years.
Property investors looking for a bargain in Neutral Bay should be aiming for at least -4.44% off the asking price, which is the average vendor discount being achieved at the moment.
Neutral Bay is 506th on a list of best yielding suburbs for rents in NSW with a 3.32% return