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.