Suburb Profile Report for Neutral Bay NSW (2089)

Neutral Bay House: Median price $2,250,000, Annual capital growth 7.98%, Number of sales 42, Weekly median advertised rent $1,100

Neutral Bay Unit: Median price $915,000, Annual capital growth 6.99%, Number of sales 263, Weekly median advertised rent $595

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

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Neutral Bay, 2089 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 7.99%.

While Neutral Bay,2089 ranked number 747th in NSW for increase in median house value (annualised) increase, it is ranked 386th over the last 5 years.

Vendor discounting in Neutral Bay is giving property investors an average Vendor Discount of around -3.86%. This puts suburb at number 901th in NSW when ranking the most discounted suburbs.

Giving property investors a an average capital gain of 1.67% for the last year, Neutral Bay, 2089 is the 1005th highest performer in Australia in this respect.

Taking the average capital gain, or increase in median house value, Neutral Bay,2089 has racked up an average of 1.67% over the period. This ranks it number 565th in the whole country for real estate investors looking at median house price increases.

LACK OF BUYER INTEREST may well be the reason that Neutral Bay is offering property investors an average of -4.16. This rate of discount on properties puts Suburb at number 55th in terms of most discounted suburbs in NSW

Renters in Suburb are facing rents around $7140 per annum or $595 every week.

Metrics i HOUSE UNIT
$2,250,000 $915,000
2.27% 2.81%
7.99% 1.67%
7.98% 6.99%
$1,100 $595
42 263
2.54% 3.38%
24.2 47.4

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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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
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