2/5 Merlin StreetNeutral Bay NSW 2089
Property Details for 2/5 Merlin St, Neutral Bay
2/5 Merlin St, Neutral Bay is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1950. The property has a land size of 538m2 and floor size of 538m2. While the property is not currently for sale or for rent, it was last sold in April 2024.
Last Listing description (February 2025)
Set in a charming low-rise security building, this beautifully maintained apartment combines timeless character with modern comforts. Renovated and boasting no common walls, it offers a rare opportunity for first-home buyers and investors in a peaceful yet convenient Neutral Bay location.
Accommodation: 2 double bedrooms (main with built-in robes and Harbour views)
Living & Dining: Separate living room with gas Jetmaster fireplace and air-conditioning, adjoining dining room
Bathroom & Laundry: Full bathroom with separate bath and shower, internal laundry facilities
Interior Features: High ceilings, polished timber floors, no common walls
Storage & Potential: Basement storage cupboard, sub-floor access for potential wine cellar
Building & Location: Well-maintained Art Deco block of 5, communal clothes drying area
Convenience: Whisper-quiet battle-axe position, close to shops, cafes, restaurants, city transport, and Neutral Bay business district
Property History for 2/5 Merlin St, Neutral Bay, NSW 2089
- 09 Feb 2025Listed for Rent $750 / week
- 18 Apr 2024Sold for $1,350,000
- 18 Nov 2015Sold for $830,000
Recent sales nearby
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About Neutral Bay 2089
The size of Neutral Bay is approximately 1.3 square kilometres. It has 20 parks covering nearly 8.8% of total area. The population of Neutral Bay in 2016 was 10488 people. By 2021 the population was 10090 showing a population decline of 3.8% in the area during that time. The predominant age group in Neutral Bay is 30-39 years. Households in Neutral Bay are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Neutral Bay work in a professional occupation.In 2021, 45.80% of the homes in Neutral Bay were owner-occupied compared with 44.90% in 2016.
Neutral Bay has 7,201 properties. Over the last 5 years, Houses in Neutral Bay have seen a 16.76% increase in median value, while Units have seen a 22.37% increase. As at 31 December 2025:
- The median value for Houses in Neutral Bay is $3,179,603 while the median value for Units is $1,281,238.
- Houses have a median rent of $878 while Units have a median rent of $750.
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