12/150 Ben Boyd Road, Neutral Bay NSW 2089

2-bed corner unit | lift access with no stairs | no flood or heritage overlay | market down 2.5% suburb wide This unit faces a mild market with Neutral Bay softening 2.5% recently, but its corner position and light-filled layout hold rental demand. The 2019 purchase at $1.105m suggests capital growth was flat to slightly negative since then, though rental yield at 3.3% helps cover holding costs. For a buyer, the key risk is overpaying in a cooling suburb, but a 2-bedroom with secure parking and level lift access maintains liquidity. A hold of 5 to 7 years looks sensible, use it as a reliable inner-city base or rent it out for steady cash flow. What makes this unit competitive is its rarity: a north-east corner with undercover balcony in a boutique block of 16 units, plus no bushfire or heritage restrictions limiting future renos. The internal laundry and mirrored robes add convenience for a professional couple or downsizer, and the short walk to Neutral Bay Village suits those who value walkability. This property serves best as a long-term hold in a stable North Sydney Council area where supply is tight. Given the suburb’s 3.3% rental yield and recent price dip, your first move should be arranging a building inspection to confirm strata health and check for any special levies that could erodes this units value proposition