North Sydney is an affluent and vibrant suburb located just across the harbour from Sydney's central business district. This area is known for its picturesque views of the Sydney skyline, excellent schools, lush green parks, and a thriving café culture. North Sydney offers a blend of urban lifestyle and suburban tranquillity, making it an ideal location for families, professionals, and retirees alike. The following article discusses the best residential areas in North Sydney, detailing their characteristics, housing options, and average prices.
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Neutral Bay

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Neutral Bay is a highly sought-after suburb, known for its stunning harbour views, bustling cafés, and close-knit community. The area is ideal for families and young professionals who appreciate access to amenities and recreational activities.
Characteristics of the Neutral Bay
* Culture: Diverse food scene including trendy cafés and restaurants, vibrant community activities.
* Transportation: Excellent public transport links including buses and ferries, walking distance to North Sydney CBD.
* Services: Schools, parks, supermarkets, and local shops readily available.
* Environment: Friendly and welcoming with a lively social scene.
Housing Options in the Neutral Bay
Modern apartments, townhouses, heritage homes.
Average Home Prices in the Neutral Bay
* Buying: $1,200,000 – $2,500,000
* Renting: $600 – $1,500/month
Milsons Point

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Milsons Point is an exclusive suburb known for its proximity to the Sydney Harbour Bridge and stunning views of the Opera House and Harbour. It's perfect for those who value city living with a laid-back vibe.
Characteristics of the Milsons Point
* Culture: Art and cultural events, vibrant waterfront dining.
* Transportation: Close to Milsons Point train station; ferry services available.
* Services: Access to local shops, gourmet food outlets, and recreational spaces.
* Environment: Lively yet relaxed, ideal for social gatherings and family activities.
Housing Options in the Milsons Point
Luxury apartments, waterfront properties, heritage-listed homes.
Average Home Prices in the Milsons Point
* Buying: $1,500,000 – $3,500,000
* Renting: $750 – $2,000/month
Waverton

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Waverton is a peaceful, family-friendly suburb that boasts beautiful heritage homes and a community-focused atmosphere. It's suitable for families seeking a safe, suburban lifestyle while still being close to the city.
Characteristics of the Waverton
* Culture: Active community events, historical sites, and local markets.
* Transportation: Well-connected by train and bus services; walking distance to North Sydney.
* Services: Good schools, parks, and a friendly neighbourhood vibe.
* Environment: Suburban, relaxed, and family-oriented.
Housing Options in the Waverton
Victorian and Edwardian homes, modern units.
Average Home Prices in the Waverton
* Buying: $1,200,000 – $2,200,000
* Renting: $600 – $1,400/month
Kirribilli

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Kirribilli is an upscale harbourfront suburb known for its art deco buildings and stunning views of Sydney Harbour. This suburb attracts professionals and families who appreciate a ritzy lifestyle with easy access to the city.
Characteristics of the Kirribilli
* Culture: Art galleries, cafés, and cultural festivals throughout the year.
* Transportation: Multiple transport options including ferries and trains; convenient to North Sydney and the CBD.
* Services: Excellent schools, parks, and dining options.
* Environment: Sophisticated and vibrant, with a communal feel.
Housing Options in the Kirribilli
Luxury apartments, heritage homes, modern build flats.
Average Home Prices in the Kirribilli
* Buying: $1,800,000 – $4,000,000
* Renting: $800 – $2,500/month
Cremorne

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Cremorne is a well-established suburb that combines tranquillity with convenience. It’s known for its leafy streets and proximity to major transport links, making it ideal for families and commuters alike.
Characteristics of the Cremorne
* Culture: Local festivals, community sports events, and family activities.
* Transportation: Well-serviced by buses and close to North Sydney train station.
* Services: Schools, parks, shops, and recreational facilities.
* Environment: Quiet, family-friendly with a strong community focus.
Housing Options in the Cremorne
Modern apartments, duplexes, family homes.
Average Home Prices in the Cremorne
* Buying: $1,100,000 – $2,000,000
* Renting: $550 – $1,400/month
North Sydney CBD

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Living in the North Sydney CBD offers an urban lifestyle with easy access to workplaces, public transport, and numerous shopping and dining options. It’s ideal for young professionals looking for convenience.
Characteristics of the North Sydney CBD
* Culture: Vibrant business environment, constant social activities, and nightlife.
* Transportation: Excellent transport options, including trains and buses.
* Services: Supermarkets, restaurants, gyms, and retail outlets available.
* Environment: Bustling and energetic, ideal for young professionals.
Housing Options in the North Sydney CBD
High-rise apartments, serviced apartments.
Average Home Prices in the North Sydney CBD
* Buying: $1,500,000 – $3,000,000
* Renting: $700 – $2,200/month
Frequently Asked Questions About the Best Residential Areas in North Sydney:
Some of the best suburbs to live in North Sydney include Neutral Bay, Milsons Point, Waverton, Kirribilli, Cremorne, and North Sydney CBD.
Waverton and Cremorne are highly recommended for families due to their community-focused atmosphere and access to schools and parks.
The average housing price in North Sydney can range from approximately $1,100,000 to $4,000,000 depending on the suburb and type of property.
Yes, North Sydney has excellent public transport options including trains, buses, and ferries, making it easy to commute to the CBD and surrounding areas.
Yes, there are numerous highly regarded schools in North Sydney, making it an attractive area for families with children.
North Sydney offers a variety of housing options including luxury apartments, townhouses, family homes, and heritage properties.
The rental market in North Sydney is diverse, with units available from around $550 to $2,500 per month depending on the suburb and property type.
North Sydney CBD is known for its centralised amenities, including supermarkets, shops, dining, and recreational facilities.
Yes, North Sydney is considered a safe and family-friendly area with low crime rates and a strong community focus.
North Sydney offers a vibrant lifestyle with a mix of urban conveniences, outdoor activities, and cultural events, making it a desirable location for various demographics.
Conclusion on the Best Residential Areas in North Sydney:
North Sydney presents a perfect blend of urban sophistication and suburban charm, catering to diverse lifestyles and family needs. With well-established communities, excellent schools, and an unparalleled selection of dining and entertainment options, residents will find an enriching living experience. Whether you seek the buzz of North Sydney CBD, the tranquillity of Waverton, or the charm of Kirribilli, you will discover that each suburb has its unique appeal. Investing in property in North Sydney not only promises a vibrant lifestyle today but also potential long-term capital growth, making it highly attractive to buyers and investors alike.
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.