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Sold on 02 Nov 2024 for $890,000

5/1 Bennett Street
Neutral Bay NSW 2089

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 782m2
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Property Details for 5/1 Bennett St, Neutral Bay

5/1 Bennett St, Neutral Bay is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1965. The property has a land size of 782m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 1 bedroom Unit sold in Neutral Bay in the last 12 months.

Building Type
Unit
Year Built
1965
Land Size
782m2
Local Government
North Sydney
Lot/Plan
5/SP1525

Last Listing description (November 2024)

This light filled apartment is located in one of Neutral Bay's best streets. The apartment is whisper quiet just a leisurely stroll to public transport, cafes, restaurants and trendy bars. Very livable as is with enormous potential to turn it into a stylish haven with splendid harbour views.HIGHLIGHTS - light filled with huge picture windows- enclosed balcony/study with harbour view- smartly presented with large open plan living- generously proportioned bedroom with built-ins- tidy original kitchen and bathroom with laundry facility - lock up garage with internal access and remote control - character security building- minutes stroll buses, cafes and barsOUTGOINGS- Water $173/q- Council $326/q - Strata $1855/q ESTIMATED RENT $600pw

Property History for 5/1 Bennett St, Neutral Bay, NSW 2089

A timeline of how this property has performed in the market
Last Sold
$890,000
02 Nov 2024
Listed for Rent
$480/w
31 Oct 2022
  • 02 Nov 2024
    Sold for $890,000
  • 08 Oct 2024
    Listed for Sale Sold at Auction - all inspections cancelled
  • 16 Oct 2022
    Listed for Rent - Price not available
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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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