Rent in Neutral Bay, NSW 2089
Median weekly rent on new leases lodged with the state bond authority, 12 months to August 2026. These are rents tenants signed up to pay, not advertised asking rents.
Figures cover the whole 2089 postcode area, which also includes Kurraba Point.
Median weekly rent
$895/wk
all new leases
New leases
956
12 months to August 2026
12-month change
+6.1%
vs previous 12 months
Middle half paid
$795/wk - $1,010/wk
25th to 75th percentile
Neutral Bay rent summary
In the 12 months to August 2026, 956 new leases were lodged with the state bond authority in the 2089 postcode area, at a median of $895 a week; the middle half of leases were between $795 and $1,010. The most common new lease was for 2-bedroom units (423 leases, median $870 a week). Houses leased for a median of $1,235 a week against $850 for units. Across all dwellings that is up 6.1% on the previous 12 months. Over three years the median new-lease rent has risen 19.2%.
Median weekly rent on new leases in Neutral Bay
12 months to August 2026. Median, then the range the middle half of leases fell in where published, then n = number of leases.
| Dwelling | All bedrooms | Studio | 1 bed | 2 bed | 3 bed |
|---|---|---|---|---|---|
| Houses | $1,235/wk $1,105-$1,300 n = 69 | <10 leases | $610/wk $565-$630 n = 11 | $1,015/wk $900-$1,110 n = 22 | $1,320/wk $1,205-$1,415 n = 24 |
| Townhouses | $1,275/wk $1,180-$1,360 n = 41 | - | <10 leases | $1,050/wk $955-$1,050 n = 13 | $1,405/wk $1,280-$1,565 n = 21 |
| Units | $850/wk $750-$975 n = 832 | $590/wk $465-$625 n = 24 | $660/wk $585-$730 n = 287 | $870/wk $775-$990 n = 423 | $1,415/wk $1,190-$1,760 n = 89 |
| All dwellings | $895/wk $795-$1,010 n = 956 |
How rents on new leases have changed
Median for the 12 months to August 2026 against the same 12 months earlier.
| Segment | Median now | 1 year | 3 years |
|---|---|---|---|
| All dwellings | $895/wk | +6.1% | +19.2% |
| Houses | $1,235/wk | -9.0% | +17.8% |
| Townhouses | $1,275/wk | -5.8% | +14.7% |
| Units | $850/wk | +10.8% | +24.4% |
| 2-bedroom units | $870/wk | +7.6% | +20.7% |
| 1-bedroom units | $660/wk | +7.5% | +26.9% |
| 3-bedroom units | $1,415/wk | +19.4% | +25.2% |
Median rent on new leases over time in Neutral Bay
2022 to 2026, weekly rent. Periods with fewer than 10 leases are left out.
Suburb profile
Neutral Bay suburb data
Median prices, rental yield, vacancy and growth for Neutral Bay.
Sold prices
Recently sold in Neutral Bay
Actual sale prices and days on market in Neutral Bay.
Rent changes
Rent rises and cuts
Weekly rent increases and decreases on live rental listings across Australia.
Frequently asked questions about rent in Neutral Bay
What is the median rent in Neutral Bay?
In the 12 months to August 2026, the median weekly rent on 956 new leases in Neutral Bay (the 2089 postcode area) was $895 a week; the middle half of leases were between $795 and $1,010.
How much is rent for a 2 bedroom unit in Neutral Bay?
In the 12 months to August 2026, 423 new leases for 2-bedroom units were lodged in the 2089 postcode area, with a median rent of $870 a week; the middle half of leases were between $775 and $990.
How much is rent for a 1 bedroom unit in Neutral Bay?
In the 12 months to August 2026, 287 new leases for 1-bedroom units were lodged in the 2089 postcode area, with a median rent of $660 a week; the middle half of leases were between $585 and $730.
How much is rent for a 3 bedroom unit in Neutral Bay?
In the 12 months to August 2026, 89 new leases for 3-bedroom units were lodged in the 2089 postcode area, with a median rent of $1,415 a week; the middle half of leases were between $1,190 and $1,760.
Is rent going up in Neutral Bay?
The median rent on new leases in the 2089 postcode area was up 6.1% in the 12 months to August 2026, compared with the 12 months before.
Where do these Neutral Bay rent figures come from?
They are rents agreed on new leases lodged with the state bond authority, not advertised asking rents, so they reflect what tenants actually signed up to pay. No addresses are included; figures are published by area.
How these figures are calculated
Rents are from new residential leases lodged with the state bond authority, which publishes them by area each month. Where several periods or bedroom counts are combined, each published median is weighted by the number of leases behind it. Any figure based on fewer than 10 leases is not shown. Changes compare one 12-month period with the same period one, three or five years earlier. No addresses are included in this data.