Neutral Bay (NSW 2089): property prices, streets & suburb profile

North Sydney LGA · Latest published data July 2026 · Page updated August 2026 · Public government records

Neutral Bay · NSW 2089 · median house price (24 months)
$2,850,000+54.7%
vs 10 years ago (repeat-sales index, all dwellings)
Neutral Bay has about 5,228 dwellings on record, with 78 house and 455 unit sales recorded in the last two years across 59 streets.
Median house price
$2,850,000
78 sales, 24 months
Median unit price
$1,240,000
455 strata sales, 24 months
Median rent, 3-br house
$1,272/wk
26 bonds, 12 months
Gross rental yield
2.3%
3-br postcode rent vs house median
How tightly held
1 in 20
homes on record trades each year
Nearest station
Milsons Point Railway Station
Train, 1.2 km away

Neutral Bay house and unit prices

The median Neutral Bay house sold for $2,850,000 across the last 24 months; constant-quality growth is +54.7% over 10 years and +20.1% over 5 years.

Property type
1Y
3Y
5Y
10Y
Houses
+4.0%
+1.5%
-2.2%
+38.2%
Units
+16.5%
+8.7%
+8.8%
+42.4%

Change in 12-month median sale prices to July 2026 vs the same window 1, 3, 5 and 10 years earlier · NSW Valuer General records

Median house price · 12 months to July 2026
Neutral Bay
$2,885,000
North Sydney LGA
$3,710,000
NSW
$1,100,000
Houses (quarterly median)
Units (yearly median)
941k1.73M2.52M3.31M4.09M20172019202120232025
View as table
PeriodHouses (quarterly median)Units (yearly median)
July 2015$3,033,500
Oct 2015$2,087,000
2016$3,350,000$900,000
Apr 2016$1,495,500
July 2016$2,200,000
Oct 2016$2,315,000
2017$2,303,000$1,060,000
Apr 2017$2,375,000
July 2017$1,962,500
Oct 2017$2,030,000
2018$1,850,000$1,000,000
Apr 2018$2,680,000
July 2018$2,600,000
Oct 2018$2,885,000
2019$2,200,000$990,000
Apr 2019$2,100,000
July 2019$2,103,500
Oct 2019$2,600,000
2020$2,325,000$1,150,000
Apr 2020$1,680,000
July 2020$2,250,000
Oct 2020$3,900,000
2021$3,136,000$1,239,500
Apr 2021$3,010,000
July 2021$2,550,000
Oct 2021$3,205,000
2022$3,050,000$1,200,000
Apr 2022$3,265,000
July 2022$2,310,000
Oct 2022$2,350,000
2023$3,600,000$1,210,000
Apr 2023$3,300,000
July 2023$3,210,000
Oct 2023$3,725,000
2024$3,250,000$1,290,000
Apr 2024$2,725,000
July 2024$3,125,000
Oct 2024$2,550,000
2025$3,350,000$1,260,000
Apr 2025$3,800,000
July 2025$2,660,000
Oct 2025$2,830,000
2026$3,210,000
Apr 2026$2,302,500
  • The headline growth figure uses a repeat-sales index of all dwellings (the same homes resold), which removes mix-of-what-sold noise; the tiles compare 12-month medians per dwelling type, so the two can differ, and differ widely where what sold changed.
  • Unit medians are yearly because strata volumes are low; treat them as indicative.
  • Quarters with fewer than three house sales are left off the chart; one sale does not make a market median.

Neutral Bay street by street

Across the 18 Neutral Bay streets that qualify for the ranking, five-year medians run from $985,000 on Harriette Street to $4,765,000 on Wycombe Road.

Most expensive street (houses)

Wycombe Road

$4,765,000 five-year median · 7 sales

Most affordable street (houses)

Harriette Street

$985,000 five-year median · 6 sales

House sales over the last five years, by price
133 sales
  • under $2.50M
  • $2.50M to $3.00M
  • $3.00M and above

Each dot is one house sale over the last five years, 133 in all, placed at the address that sold and shaded by what it fetched. Prices are as paid, with part shares and multi-property dealings left out. It draws 17 of the 18 ranked streets, leaving off 1 whose sales are geocoded to a point several streets share, which stands for the suburb rather than for anywhere on the street; the colour bands are cut over all 18 of them, and the table below has them all.

View as table
Street medians, five years of house sales
StreetMedianSales (5 years)
Wycombe Road$4.76M7
Holdsworth Street$4.09M14
Phillips Street$3.89M6
Raymond Road$3.80M7
Undercliff Street$3.40M14
Barry Street$3.33M6
Yeo Street$3.09M8
Darley Street$3.06M6
Ben Boyd Road$2.92M13
Ernest Street$2.90M5
Bent Street$2.75M5
Kurraba Road$2.72M19
Byrnes Avenue$2.25M5
Park Avenue$1.94M5
Falcon Street$1.73M5
Military Road$1.68M14
Harriette Street$985k6
Neutral Bay streets with a published median · last 10 years of sales
Wycombe Road$4.76M19$1.32M98
Shellcove Road$4.50M73
Phillips Street$3.90M13$935k12
Raymond Road$3.36M14$1.91M32
Barry Street$3.10M11$1.33M51
Laycock Street$3.05M62
Montpelier Street$3.02M5$1.59M13
Reserve Street$3.00M72
Thrupp Street$2.97M6$1.90M53
Undercliff Street$2.96M22$1.12M23
Spruson Street$2.95M29$1.50M53
Holdsworth Street$2.91M25$1.39M16
Ben Boyd Road$2.90M24$1.14M220
Ernest Street$2.90M7$1.78M9
Yeo Street$2.80M16$1.13M53
Bent Street$2.65M10$970k94
Darley Street$2.57M10$1.05M15
Eaton Street$2.55M6$1.02M49
Premier Street$2.55M6$1.65M100
Nook Avenue$2.46M5$1.80M15
Bydown Street$2.46M6$1.81M9
Kurraba Road$2.44M33$1.50M87
Merlin Street$2.26M8$1.11M52
Byrnes Avenue$2.17M8$650k7
Rawson Street$2.10M9$1.82M18
  • A street needs at least 5 sales of a type in 10 years to get a median, so streets quieter than that are left out entirely.
  • Sales that moved several properties on one dealing are left out, because the record repeats that dealing's whole price against every property in it.
  • The highlight cards rank on house sales only, using each street's last-5-years median (at least 5 sales in that window), so unit-heavy streets are not mislabelled as cheap and the figures reflect prices a buyer could pay now; the table shows the full 10-year view.
  • A street is left out of the ranking when its five-year median sits below three-fifths of its own 10-year median, or far below the suburb's median (a bar set higher for streets with no older sales of their own to stand behind them). Those windows are usually land sold before the houses went up, or a part share of a home priced as though it were the whole. Those streets stay in the table with their 10-year median.
  • Prices are as-paid and not inflation-adjusted.

What buyers paid in Neutral Bay

Half of the 78 house sales in the last 24 months landed between $2,032,500 and $3,858,750.

05111621Median $2.85M$750k$2.75M$4.75M$6.75M$7.75M
Middle 50% of sales: $2.03M – $3.86M
Median $2.85M
73 sales total
  • House sales only, 24 months. The unit median is quoted separately.
  • Chart covers $750,000 to $7,750,000: 5 of the 78 house sales fall outside it (the cheapest and dearest few) and are left out so a handful of outliers cannot distort the shape.

Rent in Neutral Bay by bedrooms

A 3-bedroom house rents for a median $1,272/wk.

Median weekly rent · houses
1-bedroom
$630/wk
2-bedroom
$950/wk
3-bedroom
$1,272/wk
Median weekly rent · units
1-bedroom
$650/wk
2-bedroom
$870/wk
3-bedroom
$1,388/wk
  • From NSW rental bond lodgements for postcode 2089 (covers neighbouring suburbs too), 12 months to July 2026.
  • Bands with fewer than 10 bonds are hidden.
  • Biggest 12-month move: 3-bedroom units +19.4% year on year.

Who lives in Neutral Bay

Neutral Bay has a median age of 38 and a median household income of $2,443 a week, and 45.8% of homes are owner-occupied.

Population (Neutral Bay)
10,090
Median age (Neutral Bay)
38 years
Median household income (Neutral Bay)
$2,443/wk
People per square kilometre
7,953
Average taxable income (postcode, 2023)
$132,343
Average household size (SA2)
2.1
Median mortgage repayment (SA2)
$3,238/month
Australian-born (postcode)
58.4%
SEIFA advantage decile (Neutral Bay)
10 of 10
Rooftop solar installs, 12 months (postcode)
26
How Neutral Bay homes are held
Owned outright
24.3% · 1,148
Owned with a mortgage
21.5% · 1,017
Rented
52.4% · 2,479
Neutral Bay homes by bedroom count
1 bedroom or studio
25.6% · 1,199
2 bedrooms
43.3% · 2,027
3 bedrooms
24.8% · 1,163
4 bedrooms
5.1% · 237
5 or more
1.3% · 60
ABS SEIFA 2021 deciles · 10 of 10 = most advantaged nationally
Advantage and disadvantage (IRSAD)from income, education, occupation and housing
10 of 10
Relative disadvantage (IRSD)from low income, low education and unskilled occupations
10 of 10
Economic resources (IER)from household income, wealth and housing costs
3 of 10
Education and occupation (IEO)from qualifications and skilled work
10 of 10
  • Figures labelled Neutral Bay are for the suburb boundary itself (ABS 2021 Census). Anything labelled SA2 or postcode covers a wider area: SA2 "Cremorne - Cammeray" and postcode 2089 both extend beyond Neutral Bay.
  • SEIFA decile 1 is the lowest tenth of Australian areas on that index and 10 the highest. The four indices measure different things and often disagree, which is why all four are shown: a suburb can rank high on education and occupation while ranking mid on economic resources.

Bushfire, flood and planning in Neutral Bay

0.0% of Neutral Bay properties sit in a mapped bushfire-prone area; no flood mapping is available in our dataset for this suburb.

Properties in a mapped bushfire-prone area
0.0%
Flood mapping
No flood mapping available in our dataset
Heritage-flagged properties
535
Land zoning of properties
R4 High Density Residential (54%), MU1 Mixed Use (19%), R2 Low Density Residential (15%)
  • Bushfire-prone land is the NSW RFS certified map; being inside it triggers extra building requirements, not a prediction of fire.
  • Absence of flood mapping in our dataset is NOT evidence a property cannot flood: always order a council s10.7 certificate before buying.

Schools serving Neutral Bay

Most Neutral Bay homes fall in the Neutral Bay Public School intake zone.

Schools located in Neutral Bay
Neutral Bay Public SchoolGovernmentPrimary1,169
Public primary catchment (84% of homes)
Neutral Bay Public School
Public primary catchment (13% of homes)
Middle Harbour Public School
Public secondary catchment
Mosman High School
Median school percentile nationally · ICSEA score
Neutral Bay · 1 school
98th · 1169
Sydney North Shore
95th · 1152
NSW
51st · 1009
Australia
51st · 1008
  • ICSEA is ACARA's socio-educational index (average 1000). It describes the family backgrounds of the students enrolled, NOT how well a school teaches: a lower ICSEA means a less advantaged intake, not a worse school.
  • Percentiles are ACARA's own national ranking, so the Australia bar is a published figure rather than our arithmetic. Each area shows the median of the mainstream schools sitting inside it; special schools are listed in the table but excluded from the medians.
  • Catchments are NSW Department of Education intake zones; always confirm an address with the school.

Crime and safety around Neutral Bay

Break-ins, car theft and malicious damage run at 827 per 100,000 residents in postcode 2089, 44.9% below the NSW rate of 1,502.

Recorded incidents, North Sydney LGA (12m)
2,335
of which assault (LGA)
249
of which theft (LGA)
998
Recorded incidents, postcode 2089 (12m)
347
Break-ins, car theft and malicious damage · incidents per 100,000 residents
Postcode 2089 (Neutral Bay + neighbours)
827
North Sydney LGA
790
Sydney North Shore
729
NSW
1,502
  • Counts are BOCSAR recorded incidents for January 2025 to December 2025 at LGA and postcode grain: both cover several suburbs, so they include neighbours of Neutral Bay.
  • Rates divide incidents by resident population (ABS 2021 Census), so they are comparable between areas in a way raw counts are not. Every tier uses the same offences and the same 12 months for January 2025 to December 2025.
  • Two limits worth knowing: the rate counts residents only, so a postcode with a town centre, nightlife strip or shopping precinct carries crime generated by visitors against a small resident denominator and reads high; and the population is the 2021 Census, so a suburb that has grown fast since then reads high too.

Recent house sales in Neutral Bay

The most recent house sales on record in Neutral Bay are from 2026, 11 of them. Search a street to see what it has been fetching.

Holdsworth Street2026$6.10M
Phillips Street2026$3.90M
Phillips Street2026$3.88M
Raymond Road2026$3.80M
Yeo Street2026$3.74M
Undercliff Street2026$3.50M
Yeo Street2026$2.92M
Falcon Street2026$1.87M
Falcon Street2026$1.70M
Military Road2026$1.50M
Harriette Street2026$1.10M
Barry Street2025$6.77M

One row per house sale on record for the last five years, by street and the year it sold. Sale prices are as paid. Part shares and multi-property dealings are excluded, and unit sales are not included here.

Suburbs near Neutral Bay

Neutral Bay's median house price of $2,850,000 is the 29th highest of the 34 Sydney North Shore suburbs we cover.

All Sydney North Shore suburb research

Neutral Bay: common questions

What is the median house price in Neutral Bay?
$2,850,000, based on 78 house sales over the 24 months to July 2026 (NSW Valuer General records).
What are the most and least expensive streets in Neutral Bay?
Of the 18 Neutral Bay streets that qualify for the five-year ranking, Wycombe Road has the highest house median at $4,765,000 (7 sales); Harriette Street has the lowest at $985,000 (6 sales).
How much have Neutral Bay property prices grown?
A repeat-sales index of Neutral Bay dwellings has risen 54.7% over 10 years and moved +20.1% over 5 years.
What does it cost to rent in Neutral Bay?
The median 3-bedroom house in postcode 2089 rents for $1,272/wk, from 26 bonds lodged in the last 12 months.
Which public schools serve Neutral Bay?
Neutral Bay Public School (primary, zoned for 84% of homes); Middle Harbour Public School (primary, zoned for 13% of homes); Mosman High School (secondary).
Is Neutral Bay affected by bushfire or flood risk?
0.0% of properties sit in the NSW RFS bushfire-prone land map. No flood mapping is available in our dataset for this suburb; that is not evidence properties cannot flood; check a council s10.7 certificate.
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Data sources

This page summarises public government datasets for general information. It is not financial, legal or property advice, figures can contain source errors, and postcode or SA2 statistics cover a wider area than the suburb itself. Verify anything material independently before acting on it.