SOLD
Sold on 29 Feb 2024 for $5,700,000

9 Colindia Avenue
Neutral Bay NSW 2089

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 540m2
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Property Details for 9 Colindia Ave, Neutral Bay

9 Colindia Ave, Neutral Bay is a 1 bedroom, 1 bathroom House. The property has a land size of 540m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 1 bedroom House sold in Neutral Bay in the last 12 months.

Building Type
House
Land Size
540m2
Local Government
North Sydney
Lot/Plan
1/DP450023

Last Listing description (May 2017)

CBRE is pleased to offer 9 Colindia Avenue, Neutral Bay to the market.
The property presents an unrivaled opportunity to acquire an exclusively positioned apartment block investment located in Sydney's esteemed Lower North Shore.
9 Colindia Avenue, Neutral Bay is being offered for sale via Auction on Tuesday, 7 March 2017 at 10.30am (AEDT).

The property benefits from the following attributes:
- 8 well-presented 1 bedroom apartments
- Rental Income: $224,796*
- 531sqm* site area zoned R4
- On-site parking for 3 cars
- Premier city and harbour views
- Chance to develop a high-end, boutique residential conversion
- Situated 200m* from Clark Road Village shops
- Potential to strata (STCA)
*Approximate
For more information, please contact the selling agents.

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Property History for 9 Colindia Ave, Neutral Bay, NSW 2089

A timeline of how this property has performed in the market
Last Sold
$5,700,000
29 Feb 2024
Listed for Rent
$550/w
06 Aug 2019
  • 29 Feb 2024
    Sold for $5,700,000
  • 07 Mar 2017
    Sold for $5,595,000
  • 01 Feb 2017
    Listed for Sale Not Disclosed
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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 7,082 properties. Over the last 5 years, Houses in Neutral Bay have seen a 26.90% increase in median value, while Units have seen a 32.13% increase. As at 30 September 2024:

  • The median value for Houses in Neutral Bay is $2,979,323 while the median value for Units is $1,299,463.
  • Houses have a median rent of $950 while Units have a median rent of $720.
There are currently 22 properties listed for sale, and 42 properties listed for rent in Neutral bay on OnTheHouse. According to CoreLogic's data, 292 properties were sold in the past 12 months in Neutral bay.

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