5/393 Alfred Street N, Neutral Bay NSW 2089
5/393 Alfred Street N, Neutral Bay NSW 2089
This is a ground-level, three-bedroom boutique townhouse with two bathrooms, a guest toilet, two secure car spaces, and a private courtyard. The internal and land area are both 239 square metres. The property is fully fenced, with floorboards, built-in robes, split-system and gas heating, a dishwasher, intercom, a rumpus room, and a study. It has a 10/10 energy efficiency rating. It is located within the North Sydney Council area and falls within the North Sydney Public School and Mosman High School catchments.
This townhouse is competitively strong because it combines the space and privacy of a freestanding home with the low-maintenance convenience of boutique strata living. In a suburb dominated by apartments and older villas, the 239-square-metre land area with a private courtyard and two-car garage is genuinely rare. The 10/10 energy rating is a standout feature, significantly above typical stock, and signals lower ongoing costs. The property is best suited to families or downsizers who want a quiet, secure, and private setting without sacrificing proximity to Neutral Bay’s amenities.
The property is part of a strata scheme, which may carry levies and by-laws that affect ongoing costs and flexibility. The build year is not confirmed, but the neighbour was built in 1996, suggesting the property may be of a similar vintage, which could influence maintenance expectations. The 239-square-metre land size limits expansion potential compared to larger lots, and the townhouse configuration means closer proximity to neighbours than a standalone house. These factors should be weighed when forming a view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 5/393 Alfred Street N, Neutral Bay NSW 2089
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
1
Income Risk
1
Execution Risk
1
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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
239m²
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