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Neutral Bay, NSW, Sydney Harbour Bridge behind jacaranda-lined street

Sydney Harbour Bridge behind jacaranda-lined street

Sardaka · CC BY 3.0

The quick read on

Neutral Bay

NSW 2089 · North Sydney

What homes cost, how rents have moved, and a feel for the people who call it home.

Median house
$3,250,000

latest suburb median

Median unit
$1,270,000

latest suburb median

Population
10,090

ABS 2021

Postcode
2089

Neutral Bay, New South Wales

Property market insights for Neutral Bay

Median sale price and rental income of properties in Neutral Bay NSW

Median price trend for houses

Based on 38 sales in the preceding 12 months

$3,250,000

Up 14.8% over 12 months

$3.5m$3m$2.5m20212023202420252026
2 bed
$3.32m
3 bed
$3.16m
4 bed
$3.44m

Median rent trend for houses

Based on 37 rental listings in the preceding 12 months

$1,300 per week

Up 18.2% over 12 months

$1.6k$1.4k$1.2k$1k20212023202420252026

Market data updated October 2026.

The median house price in Neutral Bay, NSW is currently $3,250,000, based on the latest 12 months of sales. Neutral Bay has a 12-month growth rate of 14.8% for houses and 10.4% for units.

Two-bedroom houses have a median sale price of $3,320,000, Three-bedroom houses have a median sale price of $3,160,000, Four-bedroom houses have a median sale price of $3,440,000 in Neutral Bay.

If you're looking to lease, the median rent for houses in Neutral Bay is $1,300 per week. The median house rent has increased 18.2% over the last 12 months.

The median price of apartments and units for sale in Neutral Bay is $1,270,000, which has increased 10.4% since the same time last year. One-bedroom apartments and units have a median sale price of $760,000, Two-bedroom apartments and units have a median sale price of $1,290,000, Three-bedroom apartments and units have a median sale price of $2,050,000, Four-bedroom apartments and units have a median sale price of $2,710,000 in Neutral Bay. The median rent for units and apartments in Neutral Bay is $750 per week and has increased 3.4% over the last 12 months.

Crime and safety

Is Neutral Bay safe?

The overall rate for Neutral Bay is 2,362 offences per 100,000 residents — 31% below the Greater Sydney benchmark.

That is the clearest suburb-wide answer. Open the detailed profile to see how the pattern changes across offence types and different parts of Neutral Bay.

Overall crime rate

2,362

offences per 100,000 residents

31% belowGreater Sydney

Neutral BayGreater Sydney: 3,437

Suburb-wide estimate from Microburbs' public crime model; it is not an address-level measure.

The people behind the postcode

Who lives in Neutral Bay?

Neutral Bay NSW 2089 is in New South Wales, within Greater Sydney.

10,090 people call Neutral Bay home, with an average of 2 people per household and a median household income of $2,443 a week.

Public ABS 2021 Census figures. The bars compare the local share with the capital-region benchmark.

Population
10,090
Median age
38 years
Median mortgage
$2,895 / month
2021 household rent
$550 / week
Above the benchmarkBelow the benchmarkIn lineGreater Sydney benchmark

Age profile

Share of residents in each age band.

Under 1513.3%Below
15–3430.5%Above
35–5430.2%Above
55–7418.7%Below
75 and over7.4%Above

Homes

Share of occupied private dwellings.

Separate houses8.2%Below
Townhouses10.8%Below
Apartments80.1%Above

Ownership

Share of homes with a stated ownership or rental status.

Owned outright24.7%Below
Paying a mortgage21.9%Below
Renting53.4%Above

Cars at home

Vehicles available to occupied households.

No car17.2%Above
One car57.4%Above
Two cars21.5%Below
Three or more3.9%Below

Getting to work

Selected ways residents worked or travelled on Census day.

Worked from home58.7%Above
Drove to work18.2%Below
Train, tram or bus4.4%Above
Walked or cycled5.1%Above

What stands out in Neutral Bay

58.7% of workers in Neutral Bay worked from home on Census day — noticeably more common than across Greater Sydney.

6.5% of Neutral Bay residents were born in England, about twice the rate across Greater Sydney.

45.8% of people in Neutral Bay described themselves as having no religion in the 2021 Census.

A closer look at the Census

Questions people ask about Neutral Bay

Open any question for a plain-English reading of the public 2021 Census for Neutral Bay NSW 2089.

Is Neutral Bay family-friendly?Age, family structure and household size describe the community families would be joining.

13.3% of Neutral Bay's residents were children under 15 in the 2021 Census. That is somewhat below the Greater Sydney average.

2,583 family households lived in Neutral Bay; 33.3% were couple families and 13.5% were one-parent families.

32.8% of local families included children under 15. That is well below the Greater Sydney average.

These are suburb-wide household figures, not school or childcare ratings.

What is the age profile of Neutral Bay?The balance between younger adults, families and older residents changes how a suburb feels day to day.

Neutral Bay had 10,090 residents at the 2021 Census.

40.2% of residents were aged 25 to 44.

26.1% were 55 or older. That is almost exactly typical for Greater Sydney.

Age shares use the suburb’s total Census population.

What kind of homes are in Neutral Bay?The dwelling mix shows whether the suburb is mostly detached homes, townhouses or apartments.

Separate houses made up 8.2% of occupied private dwellings in Neutral Bay.

Townhouses and other attached homes represented 10.8% of occupied private dwellings.

Flats and apartments accounted for 80.1% of occupied private dwellings.

All three shares use occupied private dwellings as the denominator.

Do people own or rent in Neutral Bay?Tenure shows how many households own outright, have a mortgage or rent.

24.7% of households with a stated tenure owned their home outright. That is somewhat below the Greater Sydney average.

21.9% were buying their home with a mortgage.

53.4% rented their home. That is well above the Greater Sydney average.

Tenure shares include households that stated one of these three arrangements.

How large are households in Neutral Bay?Household-size data shows the mix behind the suburb-wide average.

The average household in Neutral Bay had 2.0 people.

One-person households made up 39.7% of occupied homes. That is well above the Greater Sydney average.

Two-person households represented 36.6%, while 10.9% had four or more usual residents.

Household size counts usual residents in occupied homes.

How do people get to work in Neutral Bay?Census-day travel shows the balance between home, road, public transport and active travel.

58.7% of workers worked from home on Census day. That is well above the Greater Sydney average.

18.2% drove a car as their only travel method. That is about half the Greater Sydney rate.

4.4% used only a train, tram or bus, while 5.1% walked or cycled.

Travel figures are a 2021 Census-day snapshot.

How many cars do households have in Neutral Bay?Vehicle availability helps describe the routines local households can support.

17.2% of occupied households had no motor vehicle available. That is somewhat above the Greater Sydney average.

One-car households formed 57.4% of the total.

25.4% of households had two or more vehicles.

Vehicle counts refer to occupied households, not individual residents.

Who's moving to Neutral Bay, and who stays?Address history shows how settled or recently mobile residents were at the Census date.

41.8% were at the same address five years earlier, while 58.2% reported a different address.

37.6% of residents were born outside Australia. That is close to the Greater Sydney average.

Mobility figures cover residents who answered the relevant Census question.

What languages are spoken in Neutral Bay?Language at home gives a direct view of the community’s everyday linguistic mix.

74.6% of residents used only English at home.

21.1% used a language other than English at home.

3.4% spoke Mandarin at home, 1.7% spoke Cantonese and 0.5% spoke Hindi.

Home language is separate from English proficiency.

Where were Neutral Bay residents born?Birthplace adds another layer to the local story, separate from ancestry and language.

37.6% of Neutral Bay's population was born outside Australia, while roughly 62.4% was born in Australia.

2.6% of residents were born in China.

1.7% were born in India, while Australian citizenship across the whole suburb stood at 80.4%.

Birthplace, citizenship and ancestry describe different parts of identity.

What ancestries shape Neutral Bay?Ancestry responses show how residents describe family and cultural background.

English ancestry accounted for 35.1% of ancestry responses in Neutral Bay.

Australian ancestry made up 24.0% of responses.

Chinese ancestry represented 8.4% of responses.

People may nominate more than one ancestry, so these are shares of responses.

What work do people do in Neutral Bay?Occupation describes a person’s role; industry describes the sector employing them.

42.6% of employed residents worked in professional occupations. That is well above the Greater Sydney average.

Managers accounted for 22.6% of employed residents, while clerical and administrative workers made up 11.6%.

Health care and social assistance employed 11.1% of workers, and education and training employed 7.2%.

Occupation and industry figures describe employed residents of the suburb.

How active is the workforce in Neutral Bay?Participation, employment pattern and unemployment describe the resident labour force.

The labour-force participation rate was 71.9%, compared with 60.0% across Greater Sydney.

48.6% of residents aged 15 and over worked full time, while 15.4% worked part time.

Unemployment was 3.7%, compared with 5.1% across Greater Sydney.

Labour-force figures come from the 2021 Census.

What does the health profile of Neutral Bay show?Selected long-term health conditions help describe community service needs.

67.7% reported no selected long-term health condition.

7.0% reported a long-term mental health condition, including depression or anxiety.

6.9% reported asthma, 5.4% arthritis and 2.1% diabetes excluding gestational diabetes.

These are self-reported suburb-wide Census figures, not address-level health risks.

How educated is Neutral Bay?Qualifications describe the study pathways represented among local residents.

44.4% of people in the qualifications table held a bachelor degree. That is well above the Greater Sydney average.

Postgraduate degrees accounted for 19.5% of qualification responses.

Diploma-level qualifications represented 13.0%, while certificate-level qualifications represented 10.0%.

Qualification categories are reported separately and are not school ratings.

What do incomes and housing costs look like in Neutral Bay?Census income and household payments give historical context for local living costs.

Median household income was $2,443 per week in the 2021 Census.

The median monthly mortgage repayment reported by local households was $2,895.

Occupied renting households reported a median rent of $550 per week.

These household figures are from 2021; current sale and asking-rent medians appear in the market section.

How does Neutral Bay compare with Greater Sydney?A few clear differences place the suburb in its wider metropolitan context.

Working from home was 58.7% in Neutral Bay, compared with 38.9% across Greater Sydney.

Outright ownership was 24.7% locally and 28.6% across Greater Sydney. That is somewhat below the Greater Sydney average.

Renting accounted for 53.4% in Neutral Bay, against 37.1% across Greater Sydney.

Capital-region comparisons use the same Census definitions and year.

Three useful questions

A buyer’s quick guide to Neutral Bay

Is Neutral Bay expensive?

The median house price is $3,250,000, while units and apartments sit at $1,270,000. Bedroom count, land and condition still create a wide range around those suburb medians.

Is Neutral Bay good for families?

The Census counted 2,583 local families, and 13.3% of residents were under 15. That describes the community; school quality, travel times and the right fit for a particular family need separate research.

What can I get for $1.5m in Neutral Bay?

3-bedroom houses have a median around $3,160,000, the closest bedroom benchmark we hold to a $1.5m budget. Individual homes can differ substantially with block size, renovation and location.

Medians describe recorded market activity across the suburb; they are historical context, not a valuation or forecast for an individual home.

Explore the area

Streets and suburbs around Neutral Bay

63 streets in Neutral Bay

Street-by-street reports are not published yet. The streets below are the ones this suburb covers.

  • Alfred St North
  • Anderson St
  • Aubin St
  • Barry Ln
  • Barry St
  • Ben Boyd Rd
  • Bennett St
  • Bent St
  • Boyd Ln
  • Burroway St
  • Bydown St
  • Byrnes Ave
  • Cheal Ln
  • Colindia Ave
  • Darley St
  • Eaton St
  • Ernest St
  • Falcon St
Show all 63 streets
  • Freshwater Ln
  • Grosvenor Ln
  • Grosvenor St
  • Hardie St
  • Harriette St
  • Hayes St
  • High View Ave
  • Holdsworth St
  • Kurraba Rd
  • Laycock St
  • Lindsay St
  • Lower Bent St
  • Lower Wycombe Rd
  • Manns Ave
  • May Ln
  • Mcintosh Ln
  • Merlin St
  • Military Rd
  • Montpelier St
  • Nook Ave
  • Nook Ln
  • Park Ave
  • Phillips Ln
  • Phillips St
  • Powell St
  • Premier St
  • Rangers Rd
  • Rawson St
  • Raymond Rd
  • Reserve St
  • Rose Ave
  • Shellcove Rd
  • Spruson St
  • Thrupp St
  • Undercliff St
  • Waters Rd
  • Watson St
  • Westleigh Ln
  • Westleigh St
  • Winter Ave
  • Wyagdon St
  • Wycombe Ln
  • Wycombe Rd
  • Yeo St
  • Young St

Keep exploring

Is Neutral Bay right for your search?

Use the finders to compare places and properties, or open the full report when you need the street, risk, schools and growth research.

Figures update as new market and census data arrives. This suburb overview is general information, not a valuation or financial advice.