404/128 Military Rd, Neutral Bay NSW 2089
Technical details
How this sale compares
The 2022 sale was 21% below the Neutral Bay median unit price for that year ($1,227,500 across 256 sales).
Since then the median unit price in Neutral Bay has risen 2%, from $1,227,500 in 2022 to $1,253,000 over the last 12 months (175 sales).
Neutral Bay medians use NSW Valuer General sales of $50,000 or more, leaving out part-interest transfers and contracts covering several properties, and need at least 10 sales in the period. See Neutral Bay sold prices by year.
Rent and yield
Units in postcode 2089 rented for a median $800 a week, from 825 bonds lodged Oct 2025 to Sep 2026.
On its last sale of $964,100 on 24 Jan 2022, that rent is a gross yield of 4.3% a year, before costs and vacancies.
Median weekly rents from residential rental bonds lodged with NSW Fair Trading, by postcode. This home's own rent may differ. See rents by bedrooms in Neutral Bay.
Planning controls
- Zone
- MU1 Mixed Use
- Maximum building height
- 16 m
From the North Sydney Local Environmental Plan 2013 maps on the NSW Planning Portal, looked up at this address's map point on 22 Oct 2026. A control can cover only part of a site and plans change, so the council's planning certificate is the formal record. Planning data from the NSW Department of Planning, Housing and Infrastructure, CC BY 4.0.
Related sales
Sale history
Sold is the contract date, when the sale was agreed. Settled is the date ownership transferred.
| Beds | Baths | Cars | Title reference | |||
|---|---|---|---|---|---|---|
| 24 Jan 2022 | 7 Mar 2022 | $964,100 | - | - | - | 23/SP93771 |
Title reference: 23/SP93771
Other sales at 128 Military Rd
The most recent sales of other units in this building. See every sale in the building.
| Beds | Baths | Cars | Title reference | ||||
|---|---|---|---|---|---|---|---|
| 302 | 12 Jun 2026 | 10 Jul 2026 | $790,000 | - | - | - | 16/SP93771 |
| 305 | 13 Mar 2025 | 22 Apr 2025 | $1,088,000 | - | - | - | 19/SP93771 |
| 303 | 9 Nov 2024 | 20 Dec 2024 | $1,220,000 | - | - | - | 17/SP93771 |
| 106 | 12 Oct 2023 | 17 Nov 2023 | $275,000 | - | - | - | 8/SP93771 |
| 206 | 26 May 2023 | 20 Sep 2023 | $1,150,000 | - | - | - | 14/SP93771 |
| 201 | 30 May 2023 | 11 Jul 2023 | $1,380,000 | - | - | - | 9/SP93771 |
| 303 | 21 Sep 2022 | 19 Oct 2022 | $1,150,000 | - | - | - | 17/SP93771 |
| 2 | 30 Mar 2021 | 11 May 2021 | $3,400,000 | - | - | - | 2/SP93771 |
| 405 | 30 Sep 2020 | 28 Oct 2020 | $1,150,000 | - | - | - | 24/SP93771 |
| 104 | 25 Aug 2020 | 6 Oct 2020 | $1,260,000 | - | - | - | 6/SP93771 |
Title reference: 16/SP93771
Title reference: 19/SP93771
Title reference: 17/SP93771
Title reference: 8/SP93771
Title reference: 14/SP93771
Title reference: 9/SP93771
Title reference: 17/SP93771
Title reference: 2/SP93771
Title reference: 24/SP93771
Title reference: 6/SP93771
Recent sales on Military Rd
Sold in the last two years.
- 82/260 Military Rd, Neutral Bay 2089 $840,000 sold 14 Sep 2026
- 4/81 Military Rd, Neutral Bay 2089 $840,000 sold 21 Aug 2026
- 19/260 Military Rd, Neutral Bay 2089 $270,000 sold 29 Jul 2026
- 62/260 Military Rd, Neutral Bay 2089 $310,000 sold 23 Jul 2026
- 41/260 Military Rd, Neutral Bay 2089 $275,000 sold 22 Jul 2026
- 112/260 Military Rd, Neutral Bay 2089 $870,000 sold 8 Jul 2026
- 2/260 Military Rd, Neutral Bay 2089 $930,000 sold 8 Jul 2026
- 23/81 Military Rd, Neutral Bay 2089 $1,565,000 sold 3 Jun 2026
Recent sales nearby
Sold in the last 12 months within about 400 metres.
- 251 Ben Boyd Rd, Cremorne 2090 $2,220,000 sold 1 Oct 2026, 310 m²
- 138/21 Grosvenor St, Neutral Bay 2089 $2,450,000 sold 18 Sep 2026
- 3/4 Lindsay St, Neutral Bay 2089 $1,195,000 sold 11 Sep 2026
- 503/1 Watson St, Neutral Bay 2089 $810,000 sold 11 Sep 2026
- 4/77 Grasmere Rd, Cremorne 2090 $1,900,000 sold 5 Sep 2026
- 201/1 Watson St, Neutral Bay 2089 $1,300,000 sold 3 Sep 2026
- 5/77 Grasmere Rd, Cremorne 2090 $1,825,000 sold 29 Aug 2026
- 10/18 Byrnes Ave, Neutral Bay 2089 $631,000 sold 28 Aug 2026