Neutral Bay is a well-established suburb in New South Wales within the North Sydney local government area (postcode 2089). With a population of 10,090, the suburb has an established demographic with a median age of 38. Households earn a median income of $127K per year, with an average household size of 2 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Neutral Bay is $2.9 million, having remained flat 0% over the past year. Units have a median price of $1.5 million (+26.1% YoY). The current median weekly rent is $800. This gives a gross rental yield of approximately 1.5%. The median monthly mortgage repayment is $2,895.
Neutral Bay is served by 1 school, including 1 primary. The average ICSEA score is 1169, which is well above the national average of 1,000. Public transport access includes 1 ferry wharf, 28 bus stops. The crime rate in the North Sydney LGA is low at 1,731 incidents per 100,000 population.
From an investment perspective, Neutral Bay offers a gross rental yield of 1.5%, rated as low yield. Property prices are above the state median ($2.9M/$1.5M), placing it in the premium segment. The price-to-income ratio of 22.4x is considered stretched. House prices have moved +0.0% year-on-year.
Neutral Bay is a well-established suburb in New South Wales within the North Sydney local government area (postcode 2089). With a population of 10,090, the suburb has an established demographic with a median age of 38. Households earn a median income of $127K per year, with an average household size of 2 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Neutral Bay is $2.9 million, having remained flat 0% over the past year. Units have a median price of $1.5 million (+26.1% YoY). The current median weekly rent is $800. This gives a gross rental yield of approximately 1.5%. The median monthly mortgage repayment is $2,895.
Neutral Bay is served by 1 school, including 1 primary. The average ICSEA score is 1169, which is well above the national average of 1,000. Public transport access includes 1 ferry wharf, 28 bus stops. The crime rate in the North Sydney LGA is low at 1,731 incidents per 100,000 population.
From an investment perspective, Neutral Bay offers a gross rental yield of 1.5%, rated as low yield. Property prices are above the state median ($2.9M/$1.5M), placing it in the premium segment. The price-to-income ratio of 22.4x is considered stretched. House prices have moved +0.0% year-on-year.