04 Mar Neutral Bay + Wahroonga + Marrickville Property Report Cards

Our latest property spotlight looks at the suburbs of Neutral Bay on the Lower North Shore, Wahroonga on the Upper North Shore and Marrickville in Sydney’s Inner West.

Marrickville, Wahroonga, and Neutral Bay each offer distinct lifestyles and investment opportunities within Sydney’s diverse property market. Marrickville, in the Inner West, is known for its vibrant café culture, warehouse conversions, and strong community feel, attracting young professionals and creatives. Wahroonga, on the Upper North Shore, is a leafy, family-friendly suburb with prestigious schools, large blocks, and a more traditional suburban charm, making it highly desirable for those seeking space and tranquility. In contrast, Neutral Bay, on the Lower North Shore, offers a blend of harbourside living and urban convenience, with quick access to the CBD, strong rental demand, and a mix of apartments and luxury homes. Each suburb catering to a different pool of buyers.

We look at how these suburbs have performed over the last 12 months and the top unit and home sales for February 2025.

Neutral Bay

Neutral Bay Top House Sale For February 2025

Over the past 12 months, CoreLogic recorded 327 property sales in Neutral Bay 50 of these were freestanding homes. With homes making up just 8% of all dwellings in the suburb, demand remains strong.

31 Undercliff Street Neutral Bay NSW 2089
Sale Price: Not disclosed
Sold By: Jill Henry – Stone

Neutral Bay Top Unit Sale in February 2025

Featured below is Neutral Bay’s Top apartment sale in February 2025.

Five Fun Facts About Neutral Bay

1. Neutral Bay in Sydney got its name because Governor Phillip designated it as a “neutral harbour” in 1789, where all non-British ships visiting Sydney were required to anchor, hence the “neutral” title

2. The Aboriginal name for the area was ‘Wirra-birra‘.

3. Sydney’s First Tram Terminus – Neutral Bay was one of the first areas in Sydney to get a tram service in the early 1900s, connecting residents directly to the city via a tram-ferry system. The old tram shed has since been transformed into shops and eateries!

4. In March last year, an off the plan apartment sold for $12.75m, the highest price paid for a unit in real estate in Neutral Bay.

5. The population of Neutral Bay is 10,090 and the average age is 38 years.

If you are looking to buy in Neutral Bay or on the Lower North Shore contact Bernadette Brennan, Principal and Senior Buyers’ Agent at Premier Home Finders.

Wahroonga Property

Wahroonga Top Home Sale

Wahroonga is made up primarily of freestanding houses contributing to 74.4% of all types of dwellings in this suburb. We feature the top home sale for February 2025.

Wahroonga Top Unit Sale

Wahroonga units have risen in value by 44.8% over the last 10 years. We feature the top unit sale in February 2025.

5 Fun Facts About Wahroonga

1. This suburb falls across two councils – Ku-ring-gai and Hornsby.

2. Wahroonga is home to over 30 parks

3. Wahroonga is an Aboriginal word meaning our home, likely originating from the Kuringgai language group

4. Wahroonga was previously known as Pearces Corner, named after Aaron Pierce, who built a hut on the land in 1835. 

5. Population of 17,853 and the average age is 44

If you are a Wahroonga or North Shore buyer contact Wendy Zhang or Bernadette Brennan, Buyers’ Agents for the Mid & Upper North Shore.

Marrickville Property

There were 17 sales reported in February 2025 in Marrickville. We share the top home sale below.

Marrickville Top Unit Sale February 2025

There are approximately 5020 units in this suburb representing 47.2% of all properties. We feature the top unit sale for February below.

Five Fun Facts About Marrickville

1. It Was Almost an Airport! – In the 1940s, there were plans to build Sydney’s main airport in Marrickville, but instead, Kingsford Smith (Mascot) was expanded.

2. Oldest Market Garden in Sydney – The Ferna Family Farm, run by the same family for over 60 years, is one of Sydney’s last surviving inner-city market gardens and supplies fresh produce to local businesses.

3. Sydney’s Most Liveable Suburb – Marrickville was ranked the most liveable suburb in Sydney in 2015, thanks to its mix of culture, transport, parks, and lifestyle.

4. A Foodie Paradise – Marrickville is famous for its incredible Vietnamese cuisine, particularly banh mi and pho, as well as Lebanese bakeries, craft breweries, and trendy cafes.

5. Marrickville’s population is 26,570 and the average age is 37.

Contact Jillian Cook or Wendy Zhang, who are our expert buyers’ agents in the Inner West

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Feature Image: 196 Addison Road, Marrickville, NSW 2204 currently for sale with Alex Mastoris – CobdenHayson 📷 Realestate.com.au