Arnold
Tash Jayasinghe
CibbuanoNeutral Bay
February 12th 2008 07:45
The suburb of Neutral Bay (2089) is located just five kilometres away from the Sydney CBD in the lower north shore area of the city.
Boasting a plethora of quality shops, restaurants and cafes along Military Road which is the main artery of the suburb, the main shopping district of Neutral Bay which includes the Big Bear shopping centre is also located on this stretch of road.
The Oaks Hotel, located on the corner of Military Road and Ben Boyd Road, is regarded as a landmark of the area and has been a well-known and popular meeting place in Sydney since 1885.
Easily accessible by car, bus and ferry, Neutral bay offers a mix of affordable housing to exclusive harbourside mansions with its own docking area. This is reflected in the suburb's property prices in the 12 months leading up to January 2008 with median house and unit prices of $987,500 and $526,000 respectively compared to the regional median price of $1,200,000 and $499,000.
Here is a selection of properties currently available in Neutral Bay.
8/323 Alfred Street
This breezy one bedroom apartment is perfect for the bachelor/bachelorette. Located just a short walk from North Sydney CBD, it is a superb entry to the lower north shore for the first home buyer or investor. Price: $295,000.
10/2B Wallaringa Avenue
This spacious two bedroom apartment is located on the top floor and features extra-large living/dining room with sunny balcony, recently renovated kitchen with breakfast nook, and ceramic cook top. Offers above $500,000.
58 Shellcove Road
With generous proportions and light filled interiors, this immaculately renovated first-class family home is perfectly positioned in an ideal harbourside setting. Boasting 495sqm, it captures elevated leafy views and is only moments to shopping, cafes, the harbours edge and the CBD.
For more properties in Neutral Bay, click here.
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