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Neutral Bay Suburb Insights

VIC
Location Information

Suburb Name

Neutral Bay, VIC

Distance from CBD

7.7 km
Demographics

Population

10,488

Median Income

$70,512

Area Information

Area

1.28 km²

Population Density

8194 people/km²

Property Market

Median Price

$1,007,789

Annual Growth

+6.3%
Property Price Trend Analysis

Current Median Price

$1,007,789

Annual Growth

+6.3%

Quarterly Growth

+2.1%

Price Trends - Last 6 Months

2024-01

$952,898

+8.3%
2024-02

$649,579

+5.6%
2024-03

$719,881

+10.9%
2024-04

$527,860

+9.8%
2024-05

$433,880

+7.5%
2024-06

$722,631

+10.7%
Property Type Price Analysis
House

Median Price

$1,394,260

Growth Rate

+9%

Available Listings

466 properties

Apartment

Median Price

$469,872

Growth Rate

+7.6%

Available Listings

316 properties

Townhouse

Median Price

$838,609

Growth Rate

+9.3%

Available Listings

66 properties

Investment Potential Assessment
Investment Advantages
  • Strong quarterly growth momentum
  • Diverse property types available
Considerations
  • Rising prices may affect affordability
  • Monitor interest rate changes
  • Consider long-term investment strategy