Neutral Bay, located on the Lower North Shore of Sydney, is a vibrant suburb known for its stunning harbour views, thriving dining scene, and convenient access to the Sydney CBD. With a mix of modern apartments and character-filled houses, Neutral Bay appeals to families, professionals, and retirees alike. This article explores the best residential areas within and near Neutral Bay, highlighting their unique characteristics, housing options, and average prices.
Table of Contents
North Neutral Bay
(Image for illustration purposes only.)
North Neutral Bay is a sought-after area known for its leafy streets and proximity to schools and parks. Ideal for families, it combines tranquillity with a strong sense of community.
Characteristics of the North Neutral Bay
* Culture: Family-friendly vibe with local events and parks
* Transportation: Well-connected by public transport and close to ferry services
* Services: Quality schools, playgrounds, and local shops
* Environment: Quiet and residential with a community spirit
Housing Options in the North Neutral Bay
Single-family homes, Townhouses, Apartments
Average Home Prices in the North Neutral Bay
* Buying: $1,800,000 – $2,400,000
* Renting: $1,000 – $1,600/month
South Neutral Bay
(Image for illustration purposes only.)
South Neutral Bay features a mix of modern apartments and older homes, attracting young professionals and downsizers. Its vibrant dining and shopping scene makes it a lively place to live.
Characteristics of the South Neutral Bay
* Culture: Trendy cafes and restaurants, close to local markets
* Transportation: Excellent transport links to the CBD via bus and ferry
* Services: Retail spaces, gyms, and community amenities
* Environment: Vibrant and cosmopolitan with a buzzing atmosphere
Housing Options in the South Neutral Bay
Units, Flats, Modern apartments
Average Home Prices in the South Neutral Bay
* Buying: $1,300,000 – $1,800,000
* Renting: $800 – $1,400/month
Neutral Bay Village
(Image for illustration purposes only.)
Neutral Bay Village is the heart of the suburb, offering a mix of residential living and commercial activity. This area is perfect for those looking for convenience and lifestyle.
Characteristics of the Neutral Bay Village
* Culture: Cafes, boutiques, and art galleries fostering a creative vibe
* Transportation: Easy access to public transport with bus stops nearby
* Services: Financial services, medical facilities, and diverse dining options
* Environment: Lively and bustling with a community feel
Housing Options in the Neutral Bay Village
Apartments, Luxury flats, Some houses
Average Home Prices in the Neutral Bay Village
* Buying: $1,500,000 – $2,200,000
* Renting: $900 – $1,500/month
Kurraba Point
(Image for illustration purposes only.)
Kurraba Point is a prestigious area along the waterfront offering stunning views of Sydney Harbour. It’s perfect for those seeking luxury and a tranquil lifestyle.
Characteristics of the Kurraba Point
* Culture: Exclusive lifestyle with access to waterfront parks and walks
* Transportation: Close to ferry services for quick access to the CBD
* Services: High-end restaurants and local shops, scenic parks
* Environment: Sophisticated and serene with a strong community presence
Housing Options in the Kurraba Point
Luxury apartments, Waterfront houses
Average Home Prices in the Kurraba Point
* Buying: $2,800,000 – $4,000,000
* Renting: $1,200 – $2,500/month
Ridge Street Precinct
(Image for illustration purposes only.)
Situated on the higher grounds of Neutral Bay, the Ridge Street precinct offers stunning views and a mix of suburban charm. This area is ideal for families and those who enjoy serene living.
Characteristics of the Ridge Street Precinct
* Culture: Community-oriented with local street events
* Transportation: Good access to bus services and local amenities
* Services: Nearby schools, grocery stores, and parks
* Environment: Peaceful and friendly with a strong local community
Housing Options in the Ridge Street Precinct
Family homes, Duplexes, Townhouses
Average Home Prices in the Ridge Street Precinct
* Buying: $1,500,000 – $2,200,000
* Renting: $950 – $1,800/month
Balmoral Beach
(Image for illustration purposes only.)
Just outside Neutral Bay, Balmoral Beach is known for its beautiful coastal views and relaxed beach lifestyle. This area offers a blend of beachside living with nearby urban amenities.
Characteristics of the Balmoral Beach
* Culture: Beach culture with a variety of water sports and recreation
* Transportation: Access to public transport connecting to the CBD
* Services: Pristine beaches, cafes, and restaurants, sailing clubs
* Environment: Chilled and vibrant, perfect for seaside living
Housing Options in the Balmoral Beach
Beachfront houses, Apartments, Villas
Average Home Prices in the Balmoral Beach
* Buying: $2,800,000 – $4,500,000
* Renting: $1,500 – $2,800/month
Frequently Asked Questions About the Best Residential Areas in Neutral Bay:
North Neutral Bay, South Neutral Bay, Neutral Bay Village, Kurraba Point, Ridge Street Precinct, and nearby Balmoral Beach are the best suburbs.
North Neutral Bay is considered the most family-friendly area with access to schools, parks, and a community-oriented vibe.
Kurraba Point and Balmoral Beach offer luxury waterfront properties with stunning views and exclusive living.
Yes, Neutral Bay has excellent transport links, including buses and ferry services connecting to the Sydney CBD.
Average rental prices in Neutral Bay range from $800 to $2,800, depending on the area and type of property.
Yes, Neutral Bay has several quality schools, particularly in North Neutral Bay, making it ideal for families.
Neutral Bay offers a variety of amenities, including shopping, dining, parks, and recreational facilities.
South Neutral Bay and Neutral Bay Village have the most diverse and trendy dining options.
The median house price in Neutral Bay can range from $1.5 million to over $4 million, depending on the location.
Yes, many areas in Neutral Bay, especially North Neutral Bay and Ridge Street Precinct, have a strong community feel with regular local events.
Conclusion on the Best Residential Areas in Neutral Bay:
Neutral Bay presents an attractive mix of residential options catering to families, young professionals, and retirees. From the serene suburbs of North Neutral Bay and Kurraba Point to the vibrant atmosphere in South Neutral Bay and Neutral Bay Village, there is something for everyone. Each area boasts unique characteristics, whether it’s family-friendly amenities, waterfront views, or a bustling lifestyle. As you consider your move to Neutral Bay, assess what matters most in your lifestyle, whether it be school access, dining options, or community connections. With its enviable location and diverse offerings, Neutral Bay remains one of Sydney’s most desirable places to call home.
About the Author
Published by:Eribert De Oliveira
Mechatronics Engineer and founder of Mi Inmueble Online, with a background in real estate. I combine technology and analysis to help you find the best areas to live.