OFF MARKET

16/40-56 Military Road
Neutral Bay NSW 2089

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 77m2
Land area: 2099m2
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Last updated 11 Nov 2024
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Property Details for 16/40-56 Military Rd, Neutral Bay

16/40-56 Military Rd, Neutral Bay is a 2 bedroom, 1 bathroom Unit and was built in 1979. The property has a land size of 2099m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
Unit
Year Built
1979
Floor Size
77m2
Land Size
2099m2
Local Government
North Sydney
Lot/Plan
16/SP14699

Last Listing description (October 2024)

Fully Furnished Charming 2-Bedroom Gem in the Heart of Neutral Bay

Delighting in an easterly orientation and facing Park Avenue, this airy property lays claim to an enviable corner position enveloped in tropical and native greenery. Radiating streamlined finishes and contemporary design elements, it also delivers exceptional convenience and the very best a lower north shore lifestyle has to offer.

Property Features:

- Fully furnished property
- Sun kissed living and dining areas connect with an all-season courtyard
- Stone kitchen benches, breakfast bar, European appliances and new dishwasher
- Air Conditioning
- Nicely proportioned master bedroom includes mirrored built-in wardrobes
- Second bedroom with mirrored built-in wardrobes and study nook
- Sleek family bathroom with floor-to-ceiling tiling and large internal laundry
- On the doorstep of Neutral Bay village shops, trendy cafes and fast CBD transport

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Property History for 16/40-56 Military Rd, Neutral Bay, NSW 2089

A timeline of how this property has performed in the market
Last Sold
$910,000
20 May 2022
Listed for Rent
$920/w
24 Sep 2024
  • 12 Sep 2024
    Listed for Rent $920 / week
  • 20 May 2022
    Sold for $910,000
  • 24 Mar 2022
    Listed for Sale Contact Agent
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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 7,064 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 16 properties listed for sale, and 42 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.

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