Neutral Bay, NSW
UNDERVALUED12,804 sales · 36 years of data · NSW, Australia
Neutral Bay, NSW Property Market Overview
Neutral Bay, NSW, 2089, is a harbourside suburb located on Sydney's Lower North Shore. With 36 years of property market data, AusPropertyInsights.app's analysis covers 12,804 recorded sales. The current median property price (all types) in Neutral Bay is $1,285,000, reflecting a diverse property market comprising both houses and apartments.
Neutral Bay is notable for its blend of established housing and modern apartment complexes, offering a variety of living options. The suburb's prime location, close to the Sydney CBD and with excellent transport links, contributes to its desirability. While houses command a median price of $2,901,000, apartments are more accessible at $1,202,500. This price disparity highlights the diverse appeal of Neutral Bay to different buyer segments.
Property Mix
Data You Can Trust
Every figure backed by NSW government sale records
What Subscribers See
A preview of the full analysis available for Neutral Bay
Top streets in Neutral Bay, NSW by median sale price
See which streets command the highest prices and how many sales back each ranking.
| # | Street | Median Price |
|---|---|---|
| 1 | Undercliff St | $2,850,000 |
| 2 | Ben Boyd Rd | $2,925,000 |
| 3 | Military Rd | $1,845,000 |
| 4 | Thrupp St | $2,085,000 |
... and 104 more streets available
Subscribers also see:
- Street price per m² analysis
- Street annual growth rates (CAGR)
- Premium vs discount % comparison
Streets by price per square metre
Compare land and building value across streets — essential for finding underpriced pockets.
| # | Street | Median $/m² |
|---|---|---|
| 1 | Raymond Rd | $12,357/m² |
| 2 | Young St | $11,814/m² |
| 3 | Aubin St | $13,814/m² |
| 4 | Kurraba Rd | $15,495/m² |
... and more $/m² rankings
View full $/m² data →Fastest growing streets by median price
10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.
| # | Street | 10yr CAGR |
|---|---|---|
| 1 | Ernest St | +8.4% |
| 2 | Harriette St | +5.5% |
| 3 | Holdsworth St | +8.9% |
| 4 | Anderson St | +6.8% |
... and more street growth rates
See all growth rates →Past growth rates are not indicative of future performance. This data is for informational purposes only.
Building-by-building comparison
| # | Address | Median |
|---|---|---|
| 1 | 94 Wycombe Rd | $1,545,000 |
| 2 | 9 Rangers Rd | $2,300,000 |
| 3 | 140 Military Rd | $1,110,000 |
| 4 | 19 Young St | $710,000 |
... and 182 more buildings
Compare individual buildings by price per sqm, median unit price, and sales volume. Identify which buildings are gaining or losing value relative to the suburb average.
View full building data →Flipper risk & hold period analysis
Properties resold within 2 years may signal problems — structural issues, noisy locations, or overpayment. See hold period distribution and flagged streets.
See flipper risk data →Settlement times & problem streets
Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.
See settlement data →Density & development tracking
Track which streets are converting from houses to apartments. Understand how density is changing the suburb's character and property values over time.
See density trends →Unlock the full Neutral Bay analysis
108 streets and 186 buildings to explore
Trusted by 100+ property investors across NSW
Nearby Suburbs to Neutral Bay
Neutral Bay at a Glance
Neutral Bay, NSW
Map data © OpenStreetMap contributors
Local Amenities
Living in Neutral Bay, NSW
Living in Neutral Bay offers a blend of convenience and lifestyle. The suburb is known for its excellent schools, including Neutral Bay Public School and SCECGS Redlands. Transport options are plentiful, with easy access to the city via bus and ferry services from Neutral Bay Wharf. The suburb is serviced by numerous bus routes along Military Road.
Shopping and dining options abound, particularly along Military Road, with a range of cafes, restaurants, and boutiques. Parks and recreational areas, such as Anderson Park, provide green spaces for residents to enjoy. Neutral Bay exudes a sophisticated yet relaxed vibe, attracting a diverse community of residents. It's close proximity to North Sydney and the CBD makes it highly desirable.
Who Buys in Neutral Bay?
Neutral Bay attracts a diverse range of buyers. The high percentage of strata title properties (62.8%) suggests a strong appeal to apartment dwellers, including young professionals and downsizers seeking low-maintenance living. The median apartment price of $1,202,500 may also attract some first home buyers, although competition is strong. The higher median house price of $2,901,000 indicates that families and established professionals also find Neutral Bay desirable. The historical CAGR of 3.0% to 4.8% may also appeal to investors seeking long-term growth.
Market Analysis
Analysis of the Neutral Bay property market reveals that, according to our proprietary algorithms, the suburb is currently positioned below its long-term trend. This puts Neutral Bay into what we characterise as undervalued territory.
This cycle position indicates that property values in Neutral Bay, as of early 2026, have not yet reached their full potential based on historical performance. It's important to note that market conditions are constantly evolving, and this analysis represents a snapshot in time. Further data and analysis are crucial for a complete understanding of future trends in Neutral Bay's property market.
Is Neutral Bay a Good Investment?
Neutral Bay's property market is driven by several key factors. Its prime location on Sydney's Lower North Shore, coupled with excellent transport links and desirable lifestyle amenities, contribute to strong demand. The historical growth rates, with a full-period CAGR of 4.8%, reflect the suburb's long-term appeal.
Currently, Neutral Bay is considered to be below its long-term trend, which may present opportunities for those seeking to enter the market. The mix of property types, with a significant proportion of apartments, caters to a wide range of buyers. The strong demand for rental properties in the area also contributes to its appeal. However, it's essential to conduct thorough due diligence and consider individual circumstances before making any decisions.
Neutral Bay Market Outlook
As of early 2026, the Neutral Bay property market is positioned below its long-term trend. This current cycle position reflects broader market conditions and specific factors influencing the suburb. Recent price trends suggest a period of adjustment, with potential for future growth. While the market is dynamic, Neutral Bay's inherent desirability and strong fundamentals continue to underpin its long-term value. Ongoing monitoring of market indicators is crucial for understanding future developments.
Streets & Location in Neutral Bay, NSW
Neutral Bay, postcode 2089, boasts a desirable location on Sydney's Lower North Shore. Certain streets within the suburb command higher median property prices. AusPropertyInsights.app data identifies HARDIE ST, MILITARY RD, and HOLDSWORTH ST as streets with particularly high median values. With 108 streets in total, Neutral Bay offers a variety of residential settings.
Market Dynamics
The average settlement time for properties in Neutral Bay is 54 days, indicating a relatively efficient transaction process. Currently, data on quick-flip percentage is not available. This settlement timeframe provides insights into the pace of property sales within the Neutral Bay market, reflecting both buyer demand and vendor expectations.
Development & Density
Neutral Bay features a mix of housing types, with a significant proportion of apartment buildings. The suburb contains 186 apartment buildings, contributing to its higher density compared to some neighbouring areas. The prevalence of strata title properties, representing 62.8% of the market, reflects this emphasis on apartment living. This high density of apartment buildings contributes to Neutral Bay's vibrant community atmosphere.
Growth & Property Mix
Historically, Neutral Bay has demonstrated steady growth in property values. Over the past 10 years, the suburb has achieved a Compound Annual Growth Rate (CAGR) of 3.0%. Looking further back, the 20-year CAGR stands at 4.2%, while the full-period CAGR, encompassing all 36 years of available data, is 4.8%. With apartments making up 62.8% of properties, Neutral Bay's market is heavily influenced by strata title units.
All data on this page is sourced from NSW government property sale records. Market analysis, cycle positions, growth rates, and all other metrics are provided for informational purposes only and do not constitute financial, investment, legal, or property advice. Always seek independent professional advice before making any property or financial decisions.
This information is based on historical sales data and does not constitute financial, investment, or property advice. Past performance is not indicative of future results. Always consult a qualified professional before making property decisions.