20/9 Anderson Street, Neutral Bay NSW 2089
20/9 Anderson Street, Neutral Bay NSW 2089
3 bedrooms, 2 bathrooms, 2 secure car spaces. 160 square metres of internal floor area on the highest level of the building. Harbour and North Sydney views from a position that captures strong eastern and southern light. The building is approximately 25 years old and sits on a 1,498 square metre site. This is a large, top-floor apartment in a tightly held pocket of Neutral Bay where most units are smaller and offer only one car space.
This property is competitively rare in Neutral Bay because of its size and view profile. Most apartments in the suburb sit between 85 and 110 square metres and face the city skyline or internal courtyards. This unit offers unobstructed harbour outlooks from a top-floor position, which is uncommon even within its own building. It serves high-income professionals, retired couples, and families who want proximity to the CBD and access to top-tier school catchments but prefer a quiet, low-density setting. The two car spaces and easycare finish reinforce its appeal to buyers who value convenience and do not rely heavily on public transport.
The 2017 sale price of 1,650,000 provides a reference point, but the market has shifted since then. A smaller two-bedroom unit in the same building sold in early 2025 for 1,580,000, which may indicate that the premium for three bedrooms and harbour views has narrowed or that buyers are more price-sensitive at the top end. The building’s age — roughly 25 years — might affect maintenance expectations and borrowing appetite for some purchasers. Rental demand is strong, with estimated yields between 4.5 and 5.0 percent, which may support an investment buyer’s decision. The property is not currently listed, so any price view should account for how the current market values size and view over raw bedroom count.
Detailed Independent Property Report prepared by PropCred Analyst team for 20/9 Anderson Street, Neutral Bay NSW 2089
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
Income Risk
Execution Risk
2
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Market Insight
Neutral Bay is a well-established, high-value suburb where house prices have demonstrated sustained long-term capital growth, contrasting with a recent softening in the unit market. Demand is driven by local professionals and sustained investor interest, bolstered by significant infrastructure projects enhancing connectivity. Current market conditions are characterised by a pronounced supply shortage, creating competitive pressure that sees houses selling above expectations. Future growth is underpinned by these infrastructure upgrades and anticipated international buyer activity, though the primary constraint remains the acute imbalance between available listings and buyer demand.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
2
Land
1498m²
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