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.