48 Spruson Street, Neutral Bay, NSW 2089 | Property Value & History | OnTheHouse
OFF MARKET

48 Spruson Street
Neutral Bay NSW 2089

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 195m2
Land area: 242m2
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Last updated 8 Dec 2025
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Property Details for 48 Spruson St, Neutral Bay

48 Spruson St, Neutral Bay is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1987. The property has a land size of 242m2 and floor size of 195m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
House
Year Built
1987
Floor Size
195m2
Land Size
242m2
Local Government
North Sydney
Lot/Plan
102/DP736540

Last Listing description (January 2023)

This light and bright family home offers enormous potential for those seeking a highly-desirable and supremely convenient location. The property presents a three level residence with both front and rear gardens, and reveals captivating North Sydney skyline views. Recent updates include new lighting, carpet and paint in a modern neutral colour palette. The home is positioned in a quiet tree-lined street only moments to parklands and harbourside enclaves this home is renovation-ready and would make the perfect project for those seeking comfortable living while they plan and create a 'forever home'.• Ideal location close to North Sydney & Neutral Bay• Sizeable parcel of land with front and rear garden• Spacious floorplan open to interpretation• All three levels offer access to outdoor spaces• Upper level with stunning cathedral ceiling• Varied living / lounge / family room options• Gas kitchen, d/washer, abundant storage• Three bedrooms all with built-in wardrobes• Master bedroom with ensuite and balcony• Bathrooms plus separate WC's, int. laundry• Opportunity for home business/office set-up• Level street access with dble secure l/up garage• Moments to local parklands and harbour walks• Easy commute to city via freeway or bus routes Approximate quarterly outgoings:    Council rates: $383    Water rates: $181    TOTAL: $564 per quarterPlease note we have obtained all information from sources we believe to be reliable, however we cannot guarantee its accuracy. Prospective purchasers/tenants must rely on their own enquiries in this regard. We will not accept any liability for any incorrect representation(s) claimed to be made that has not been confirmed in writing with the agent prior to the purchaser/tenant exchanging contracts.

Property History for 48 Spruson St, Neutral Bay, NSW 2089

A timeline of how this property has performed in the market
Last Sold
$2,450,000
25 Nov 2022
Listed for Rent
$1.13k/w
12 Jan 2017
  • 25 Nov 2022
    Sold for $2,450,000
  • 26 Oct 2022
    Listed for Sale Contact agent
  • 17 Jan 2022
    Sold
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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 7,189 properties. Over the last 5 years, Houses in Neutral Bay have seen a 22.56% increase in median value, while Units have seen a 22.38% increase. As at 30 November 2025:

  • The median value for Houses in Neutral Bay is $3,138,438 while the median value for Units is $1,288,806.
  • Houses have a median rent of $850 while Units have a median rent of $750.
There are currently 15 properties listed for sale, and 32 properties listed for rent in Neutral bay on OnTheHouse. According to Cotality's data, 299 properties were sold in the past 12 months in Neutral bay.

Suburb Insights for Neutral Bay 2089

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.