Suburb Profile Report for Neutral Bay NSW (2089)

Neutral Bay House: Median price $2,201,000, Annual capital growth 6.40%, Number of sales 42, Weekly median advertised rent $1,200

Neutral Bay Unit: Median price $983,500, Annual capital growth 7.14%, Number of sales 257, Weekly median advertised rent $593

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

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Neutral Bay, 2089 should be relatively unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 2.37%

A 59.78% growth in median value for property investors in Neutral Bay,2089 puts this suburb at number 1268th in terms of best performing suburbs in NSW

Neutral Bay is 876th on a list of best yielding suburbs for rents in NSW with a 2.84% return

Neutral Bay has had a pretty good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 11.13% to date .

Taking the average capital gain, or increase in median house value, Neutral Bay,2089 has racked up an average of 11.13% over the period. This ranks it number 352th in the whole country for real estate investors looking at median house price increases.

Property investors looking for a bargain in Neutral Bay should be aiming for at least -11.92% off the asking price, which is the average vendor discount being achieved at the moment.

Often selling an investment property can take time, and in Neutral Bay the average time real estate has been on the market is 41.74 days.

The NSW suburb of Neutral Bay, 2089 is in the North Sydney local government area.

Metrics i HOUSE UNIT
$2,201,000 $983,500
-3.57% 8.08%
2.37% 11.13%
6.40% 7.14%
$1,200 $593
42 257
2.84% 3.13%
N/A 41.74

Source: CoreLogic

DSR Score for property investment : Good (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
Chart Table
Recent sales & rentals