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Updated March 2026

Neutral Bay: $2.8M Median, 164 Microburbs, $152K-to-$18.1M Range

9,223 addresses across 164 microburbs. Unit-dominated (7,968 units, 1,149 freestanding houses). Block-level price data from $152K to $18.1M.

Median House
$2.8M
Sydney
Median Unit
$1.2M
Median Rent
$1K/wk
Addresses
9,223
Unit-dominated
Microburbs
164
Block-level data

What Does Your Budget Buy in Neutral Bay?

The $2.8M median tells you very little. Here is what each price band looks like, based on block-level data across 125 microburbs with price data.

$152K - $2.1M
Entry level. Older stock, smaller lots, properties needing work.
$2.1M - $2.8M
Mid-range. Updated homes on standard lots. Solid family options.
$2.8M - $3.5M
Upper range. Renovated or larger homes in sought-after pockets.
$3.5M - $18.1M
Premium. Top-tier homes, best positions, fully renovated or new builds.
Layer:
164 microburbs mapped. Houses: $152K to $18.1M. Full Neutral Bay report
Get the full Neutral Bay report from $49

What Makes Neutral Bay Different

What agents are selling

Based on 31 listing descriptions analysed by Microburbs.

The numbers

Neutral Bay Has 4 Distinct Price Tiers

Prices vary by over $18.0M depending on which block you buy. The suburb splits into clear micro-markets.

Entry Level (Alfred, Anderson, Aubin, Barry)

  • Median $1.8M, range $152K to $2.1M
  • 31 microburbs in this price band
  • Older stock, smaller lots, or properties needing work
  • Best value entry point to the suburb

Core Family (Alfred, Aubin, Barry, Ben Boyd)

  • Median $2.4M, range $2.1M to $2.8M
  • 31 microburbs in this price band
  • Updated homes on standard lots
  • Highest sales volume sits in this band

Upper Range (Alfred, Anderson, Aubin, Barry)

  • Median $3.0M, range $2.8M to $3.4M
  • 31 microburbs in this price band
  • Renovated or larger homes in sought-after streets

Premium (Alfred, Anderson, Aubin, Barry)

  • Median $4.0M, range $3.5M to $18.1M
  • 32 microburbs in this price band
  • Top-tier positions, fully renovated or new builds
  • Tightly held. Rarely come to market

Street-Level Median Prices

Median house price by street, top 8 streets by sales volume.

StreetMedianTotal Sales% RentersTurnover
Ben Boyd Road$723K15657%13.6 yrs
Alfred Street$775K11341%9.9 yrs
Kurraba Road$1.1M9763%3.8 yrs
Bent Street$740K7960%5.7 yrs
Grosvenor Street$830K5936%14.8 yrs
Wycombe Road$789K5872%5.8 yrs
Spruson Street$1.2M4224%7.6 yrs
Aubin Street$870K4147%10.6 yrs

More streets available in the full Neutral Bay report.

Street Price Trends . See historical price trends for every street in the full Neutral Bay report.
Get Street Data

Confirmed Sales (to March 2026)

AddressSale PriceAVM Valuevs AVMBed/Bath/GarLandDate
Unit 1, 22 Byrnes Avenue$607,500$1,380,000-56%2/1/1254sqm2024-05
308 Falcon Street$430,000$1,640,000-74%3/1/2200sqm2023-06
Unit 5, 2 Rose Avenue$1,462,500$2,480,000-41%4/3/21045sqm2023-06
Unit 11, 112 Ben Boyd Road$730,000$1,800,000-59%3/2/21295sqm2023-06
Unit 16, 103-107 Wycombe Road$385,000$1,120,000-66%2/1/1--2023-06
Unit 2, 57 Wycombe Road$487,000$730,000-33%1/1/1607sqm2023-06

Blurred valuations are in the full report. More sales in the full Neutral Bay report.

Currently For Sale

AddressGuideAVM ValueBed/BathType
Unit 10, 333 Ernest Street$920,000$1.8M3/2Townhouse
15 Wyagdon Street$545,000$700K1/1Studio
Unit 24, 154 Ben Boyd Road$549,000$870K2/1House
Unit 1, 100 Kurraba Road$955,000$1.1M2/1Residential
Unit 5, 27A Eaton Street$1,045,000$1.1M2/1Apartment

5 properties listed. Blurred valuations are in the full report. See all Neutral Bay listings.

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Rental Market

Rent data across 133 microburbs with rental listings.

$461/wk
Lowest Rent
$1,266/wk
Median Rent
$5,725/wk
Highest Rent

Rent varies from $461/wk to $5,725/wk across different blocks. Gross yield is approximately 2.3%. See rental yield by block in the full report.

What Homes Look Like in Neutral Bay

Based on 31 listing descriptions analysed. Shows how often each feature appears.

Natural Light
77%
Outdoor Entertaining
68%
Views
58%
Good Aspect
35%
Large Kitchen
32%
Ensuite
29%
Level Access
29%
Pool
10%
Renovation Profile

Based on 26 listings: Fully renovated (65%), Partially renovated (35%).

Feature data from listing descriptions. Individual property features in the full Neutral Bay report.

Market Summary

MetricNeutral Bay
Total addresses9,223
Freestanding houses1,149
Units7,968
Median house$2.8M
Median unit$1.2M
Median rent (house)$1K/wk
Microburbs mapped164

Price Range

MetricNeutral Bay
Cheapest block median$152K
Most expensive block$18.1M
SUASydney
StateNew South Wales
Gross yield (approx)2.3%

Neutral Bay vs Neighbours

SuburbSUAMedian HouseAddresses
Neutral BaySydney$2.8M9,223
MosmanSydney$5.4M17,42690% more
North SydneySydney$3.5M12,66826% more
St LeonardsSydney$3.5M8,67623% more
CremorneSydney$3.5M8,37723% more
Crows NestSydney$3.4M5,59221% more
WollstonecraftSydney$2.8M5,1500% less

Common Questions About Neutral Bay Real Estate

Is Neutral Bay a good suburb?
Neutral Bay has median house price of $2.8M, gross rental yield of 2.3%, beach and coastal lifestyle. Prices range from $152K to $18.1M depending on which block you buy. The full Neutral Bay report maps every block individually.
Is Neutral Bay expensive?
The median house price in Neutral Bay is $2.8M. More expensive than Wollstonecraft ($2.8M). Cheaper than Mosman ($5.4M). Entry-level blocks start around $152K.
What is Neutral Bay like to live in?
Based on 31 listing descriptions, Neutral Bay is known for a beach suburb with coastal lifestyle; heritage and period homes (35% of listings); a strong cafe and dining scene (94% of listings); green and leafy with good park access. Unit-dominated (7,968 units, 1,149 freestanding houses). See the block-level breakdown in the full report.
What are the best streets in Neutral Bay?
The most active streets by sales volume are Ben Boyd Road (156 sales, median $723K), Alfred Street (113 sales, median $775K), and Kurraba Road (97 sales, median $1.1M). Street-level data for all streets in the full report.
Is Neutral Bay a good investment?
Median rent $1K/wk. gross yield 2.3%. 26% of listings explicitly target investors. The full Neutral Bay report includes: block-level yield mapping, vacancy rates per street, supply pressure scores, days on market by block, rental demand indicators, and AVM valuations for every property. Our backtested suburb forecasting model covers Neutral Bay with 15-year historical validation and forward estimates. See how individual blocks within Neutral Bay compare on yield vs growth.

Explore More About Neutral Bay

Every topic below has its own block-level analysis for Neutral Bay.