SOLD
Sold on 30 Aug 2024 for $830,000

5/76 Merlin Street
Neutral Bay NSW 2089

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 67m2
Land area: 463m2
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Property Details for 5/76 Merlin St, Neutral Bay

5/76 Merlin St, Neutral Bay is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2005. The property has a land size of 463m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 1 bedroom Unit sold in Neutral Bay in the last 12 months.

Building Type
Unit
Year Built
2005
Floor Size
67m2
Land Size
463m2
Local Government
North Sydney
Lot/Plan
5/SP74293

Last Listing description (October 2024)

There's a welcoming sense of size, premium style and natural light that makes this smartly presented retreat a superb home of relaxed comfort. With 80sqm on title, the inviting property features sundrenched spaces, a generous in/outdoor flow and an elevated corner aspect that captures a pleasant leafy outlook through the trees. This highly convenient location is on the doorstep of Neutral Bay village and from here it's easy walking distance to shopping amenities, The Oaks, local caf?s, parks and express city transport, plus it's only one traffic light away from the heart of the CBD.

- Windows on three sides ensure plenty of light and airflow
- Well-proportioned with open style living room and dining areas

- Wide covered balcony offers a private entertainment space
- A modern kitchen with quality gas cooktop and stone benches
- King-sized bedroom fitted with a mirrored floor-to-ceiling robe
- Ensuite plus 2nd powder room/laundry
- Video intercom, air-conditioning and swipe key entrance
- Easy level lift access to a security car space and storage unit
- Part of a boutique pet-friendly complex of nine apartments

- Strata Rates: $1,487.50 p/q (approx.)
- Council Rates: $309.00 p/q (approx.)
- Water Rates: $175.34 p/q (approx.)

Auction onsite 10:00am Saturday 31st August 2024 (unless sold prior)

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Property History for 5/76 Merlin St, Neutral Bay, NSW 2089

A timeline of how this property has performed in the market
Last Sold
$830,000
30 Aug 2024
Listed for Rent
$650/w
24 Nov 2023
  • 30 Aug 2024
    Sold for $830,000
  • 05 Aug 2024
    Listed for Sale $830,000
  • 09 Nov 2023
    Listed for Rent $650 / week
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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 7,170 properties. Over the last 5 years, Houses in Neutral Bay have seen a 18.39% increase in median value, while Units have seen a 24.37% increase. As at 30 November 2024:

  • The median value for Houses in Neutral Bay is $2,889,367 while the median value for Units is $1,253,434.
  • Houses have a median rent of $900 while Units have a median rent of $730.
There are currently 12 properties listed for sale, and 36 properties listed for rent in Neutral bay on OnTheHouse. According to CoreLogic's data, 282 properties were sold in the past 12 months in Neutral bay.

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