Buying in
Neutral Bay
Buyers Agent Neutral Bay · Lower North Shore · NSW 2089
Buyers Agent
Neutral Bay
At 4km from the CBD with ferry and bus access, Neutral Bay is where the LNS begins to be accessible for a wider buyer pool. Our buyers agents work across both the house and unit markets here with equal depth.
Houses
$2.85M
Median price
Annual growth
+5.6%
Houses
Unit sales/yr
241
Active market
From CBD
4km
North
Mazar Martin › Suburbs › Lower North Shore › Buyers Agent Neutral Bay
Expert buyers agents in Neutral Bay
Buying property
in Neutral Bay
Neutral Bay is where the Lower North Shore starts to be accessible for a wider buyer pool. At 4km from the CBD with both ferry and bus connections, a house median of $2.85M, and one of the LNS's most active unit markets (241 sales per year), it draws buyers stepping up from the Inner West and Eastern Suburbs who want harbour suburb character without the Mosman entry price.
Our buyers agents in Neutral Bay work across both markets. The house market – just 39 sales per year – is tightly held and off-market access is essential. The unit market is far more liquid, creating genuine opportunities for well-positioned buyers. With the RBA rate at 4.35% and clearance at 51%, vendor discounting is active and our clients are negotiating well below initial asking positions.
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4km north of Sydney CBD
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Anderson Park, Kurraba Reserve
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Ferry to CBD from Kurraba Point
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Military Road lifestyle strip
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Active unit market – 241 sales/yr
Neutral Bay property market · June 2026
Neutral Bay property
market data
Median sale price
$2.85M
Source: CoreLogic
↑ 5.6% annual growth
Annual sales volume
39
House transactions / year
Off-market access essential
Days on market
39
Average days to sale
Current buyer's market
Median weekly rent
$880
Per week
Gross yield: 2.13%
MM buyers agent view
Buy
Value at this entry point
Active off-market pipeline
Opportunity window
Open
51% clearance – negotiate hard
The door is open
Median unit price
$1.25M
Source: CoreLogic
241 sales/year – very active
Annual sales volume
241
Unit transactions / year
Most liquid on LNS
Days on market
30
Average days to sale
Strong demand
Median weekly rent
$770
Per week
Gross yield: 3.37%
Sydney vacancy rate
1.1%
Critically tight rental market
Minimal void risk
MM assessment
Active
Strong investor case
Off-market sourced regularly
Sydney clearance rate
51%
May 2026 – below long-run average
Buyer leverage is back
Sydney monthly change
−0.6%
Softening from Oct 2025 peak
Entry conditions favourable
RBA cash rate
4.35%
May 2026 hike – third consecutive rise
June decision due 16 June
Sydney annual growth
+4.2%
Still positive year-on-year
Neutral Bay: +5.6%
Sydney vacancy rate
1.1%
Rental supply critically tight
Rents up 5.9% annually
2027 recovery forecast
+2.6%
ANZ projection as rate cycle peaks
LNS historically leads city
Why choose Mazar Martin as your buyers agent in Neutral Bay
What sets our Neutral Bay
buyers agents apart
01
LNS entry point, premium character
Neutral Bay offers the harbour suburb lifestyle at a house median significantly below Cremorne or Cammeray. For buyers stepping up from the Inner West or Eastern Suburbs, it is often the suburb that first clicks – ferry access, Military Road, Anderson Park, and genuine community depth without the premium price.
02
241 unit sales a year
One of the most active unit markets on the LNS. This liquidity creates opportunity – more choice, more negotiation leverage, and a rental market with 3.37% yield and 1.1% Sydney vacancy. We source Neutral Bay apartments off-market regularly through our engaged agent community.
03
Buyer's market conditions
With Sydney clearance at 51% and the RBA rate at 4.35%, Neutral Bay presents one of the better negotiation environments we have seen in years. Prepared buyers – represented by us – can secure properties materially below the original asking position.
"Neutral Bay is where the LNS becomes accessible. You get the harbour character, the Military Road lifestyle, ferry access to the CBD – and you enter at $2.85M for a house rather than $4M or $5M. For buyers from the Eastern Suburbs or Inner West, it is often the first suburb that genuinely clicks. We secure a lot of Neutral Bay properties because we understand both the house and unit markets with equal depth."
G
Gerard Mazar
Director, Mazar Martin Buyers Advisory
"The unit market in Neutral Bay is one I watch closely. 241 sales a year, $1.25M median, 3.37% yield. In a rental market with 1.1% vacancy city-wide, that return profile is genuinely strong. We source Neutral Bay apartments off-market regularly – selling agents here know us well and call us early, which means our clients get access before competition arrives."
J
Jeremy Martin
Director, Mazar Martin Buyers Advisory
Buyers agent Neutral Bay – frequently asked questions
Common questions about
buying in Neutral Bay
Yes – and particularly strong at the current entry point. At $2.85M for a house and $1.25M for a unit, Neutral Bay delivers the harbour suburb lifestyle at a significant discount to Mosman or Cremorne. With 5.6% annual growth for houses and 4km to the CBD, the suburb's appeal is consistent and structural.
Very active – 241 unit sales per year makes it one of the most liquid markets on the LNS. The $1.25M median and 3.37% rental yield work well for investors. At 30 days on market average, Neutral Bay units move faster than houses. We access pre-market and off-market Neutral Bay apartments consistently through our agent network.
Neutral Bay is approximately 4km north of the CBD. Buses run frequently along Military Road and Pacific Highway. The Neutral Bay ferry wharf at Kurraba Point provides a direct harbour crossing. The commute to the CBD is 20–30 minutes by public transport.
Speak to our team
Ready to buy
in Neutral Bay?
Book a free consultation with Gerard or Jeremy. We’ll walk you through what’s available on and off-market in Neutral Bay right now.
