SOLD
Sold on 31 Jan 2024 for $2,300,000

1/48 Raymond Road
Neutral Bay NSW 2089

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 140m2
Land area: 729m2
Sold By
McGrath Crows Nest
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Property Details for 1/48 Raymond Rd, Neutral Bay

1/48 Raymond Rd, Neutral Bay is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1972. The property has a land size of 729m2 and floor size of 140m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 3 bedroom Unit sold in Neutral Bay in the last 12 months.

Building Type
Unit
Year Built
1972
Floor Size
140m2
Land Size
729m2
Local Government
North Sydney
Lot/Plan
1/SP30338

Last Listing description (August 2024)

Enjoying an impressive outlook towards North Sydney CBD, this renovated 271sqm garden apartment offers a relaxing indoor/outdoor lifestyle in a highly convenient location. Its address provides cut-through access to Neutral Bay Club, Military Road and Neutral Bay Public School, while handy to city transport and Hayes Street Wharf.

- Split level layout showcases distinct living and dining zones
- Patio and entertaining deck extends to landscaped backyard

- Crisp white interior presents high ceilings and new flooring
- Central kitchen offers oven, cooktop, dishwasher and pantry
- Three good sized bedrooms, main suite enjoys built-in robes
- Family bathroom fitted with a combined shower and bathtub
- Versatile entrance foyer/study nook plus an internal laundry
- Property occupies 271sqm and feels more like a house
- Air conditioning, freshly painted, new lights, phone intercom
- Covered parking space with side and rear access to property

Property History for 1/48 Raymond Rd, Neutral Bay, NSW 2089

A timeline of how this property has performed in the market
Last Sold
$2,300,000
31 Jan 2024
Listed for Rent
$390/w
06 Apr 1991
  • 31 Jan 2024
    Sold for $2,300,000
  • 01 Jan 2024
    Listed for Sale Not Disclosed
  • 19 Jul 2022
    Sold
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About Neutral Bay 2089

The size of Neutral Bay is approximately 1.3 square kilometres. It has 20 parks covering nearly 8.8% of total area. The population of Neutral Bay in 2011 was 9,384 people. By 2016 the population was 10,498 showing a population growth of 11.9% in the area during that time. The predominant age group in Neutral Bay is 30-39 years. Households in Neutral Bay are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Neutral Bay work in a professional occupation. In 2011, 46.1% of the homes in Neutral Bay were owner-occupied compared with 44.9% in 2016.

Neutral Bay has 7,062 properties. Over the last 5 years, Houses in Neutral Bay have seen a 16.81% increase in median value, while Units have seen a 30.88% increase. As at 31 October 2024:

  • The median value for Houses in Neutral Bay is $2,819,500 while the median value for Units is $1,277,820.
  • Houses have a median rent of $900 while Units have a median rent of $720.
There are currently 15 properties listed for sale, and 45 properties listed for rent in Neutral bay on OnTheHouse. According to CoreLogic's data, 296 properties were sold in the past 12 months in Neutral bay.

Suburb Insights for Neutral Bay 2089

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.