$550 ▲ +19.0%
Higher than 96% of suburb / locality areas.
- 2011: $462
- 2016: $550
- 2021: $550
Median weekly rent paid by households renting their home.
Neutral Bay · Suburb / Locality
Housing & Dwellings in Neutral Bay
Where and how people live — the homes, how they are held, and what they cost.
Typical monthly mortgage payments of $2,895 make Neutral Bay one of the most expensive places to live. This is a high-cost area where housing expenses are well above both state and national figures. Most residents live in apartments, with a very high proportion of the neighborhood renting.
$550
▲ +19.0%
- $0–$25: 37 areas
- $25–$50: 86 areas
- $50–$75: 199 areas
- $75–$100: 214 areas
- $100–$125: 525 areas
- $125–$150: 343 areas
- $150–$175: 699 areas
- $175–$200: 597 areas
- $200–$225: 1183 areas
- $225–$250: 724 areas
- $250–$275: 1277 areas
- $275–$300: 787 areas
- $300–$325: 1282 areas
- $325–$350: 618 areas
- $350–$375: 935 areas
- $375–$400: 570 areas
- $400–$425: 763 areas
- $425–$450: 288 areas
- $450–$475: 415 areas
- $475–$500: 176 areas
- $500–$525: 204 areas
- $525–$550: 79 areas
- $550–$575: 125 areas
- $575–$600: 70 areas
- $600–$625: 97 areas
- $625–$650: 21 areas
- $650–$675: 54 areas
- $675–$700: 145 areas
All suburb / locality areas, 2021. The marker is Neutral Bay — higher than 96% of areas.
| Neutral Bay | $550 |
|---|---|
| 2089, NSW | $562 |
| New South Wales | $420 |
| Australia | $375 |
Housing costs
Rents, mortgages and crowding.
Rents are well above the national figure, with a typical weekly payment of $550. Home loans are also very high, with the usual monthly payment of $2,895 sitting well above the New South Wales average of $2,167.
$2,895 ▲ +13.2%
Higher than 91% of suburb / locality areas.
- 2011: $2,557
- 2016: $2,500
- 2021: $2,895
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In Neutral Bay, the largest group is $350–$549 at 41%, followed by $550–$749 (31%) and $750 or more (22%).
Monthly mortgage distribution
View on map →In Neutral Bay, the largest group is $3,000 or more at 49%, followed by $1,800–$2,999 (28%) and $1,000–$1,799 (13%).
Owning & renting
How homes are owned or rented.
Renting is far more common here than in the rest of the country, accounting for 52.4% of households. Meanwhile, the proportion of homes owned outright is well below the state and national figures.
52.4% ▲ +0.7%
Higher than 93% of suburb / locality areas.
- 2011: 52.1%
- 2016: 52.9%
- 2021: 52.4%
Share of occupied private dwellings that are rented.
24.3% ▲ +5.2%
Lower than 87% of suburb / locality areas.
- 2011: 23.1%
- 2016: 23.5%
- 2021: 24.3%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In Neutral Bay, Rented is the majority at 52%; Owned outright is next at 24%.
Types of homes
Houses, townhouses, apartments and bedrooms.
Apartments dominate the landscape at 80.2%, while separate houses are far less common than in most other areas. These smaller homes mean there are far fewer houses with three or more bedrooms compared to the state average.
1.00 ▼ -16.7%
Higher than 89% of suburb / locality areas.
- 2011: 1.20
- 2016: 1.00
- 2021: 1.00
Average number of usual residents per bedroom — a crowding measure.
8.2% ▼ -18.6%
Lower than 99% of suburb / locality areas.
- 2011: 10.1%
- 2016: 7.3%
- 2021: 8.2%
Share of occupied private dwellings that are separate houses.
30.9% ▲ +11.3%
Lower than 99% of suburb / locality areas.
- 2011: 27.7%
- 2016: 28.6%
- 2021: 30.9%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In Neutral Bay, Flat or apartment is the majority at 81%; Townhouse / semi-detached is next at 11%.
Bedrooms per home
View on map →In Neutral Bay, the largest group is 2 bedrooms at 43%, followed by 3 bedrooms (25%) and 1 bedroom (23%).
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for Neutral Bay
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in Neutral Bay [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL12943/neutral-bay/topic/housing-dwellings