← Board · Neutral Bay — prices, sales, schools, crime

197 Military Road, Neutral Bay

Strata plan SP20823 · 15 lots (NSW Strata Hub) · registered 1983-11-09 (age floor) · VG property id 788218

This building has 7 recorded sales since 2021. Every figure below is a government record with its source named — and the last section lists what the public record cannot tell you.

197 Military Rd, Neutral Bay has 15 strata lots. Studio rents in the postcode have a median of $600/wk, with the middle half between $545–$610/wk. 1-bedroom median rent is $685/wk ($591–$748/wk for the middle half), 2-bedroom median is $895/wk ($775–$1000/wk), and 3-bedroom median is $1565/wk ($1350–$1962/wk). The building has recorded 7 sales since 2021, with 4 in the last 3 years.

Written by AI from the government records on this page — checked figure-by-figure against them (2026-08-27). A description of the record, never advice.

Every sale in this building

7 priced transfers on the public record since 2021.

In the last three years, 4 lots changed hands — 27% of the scheme's 15 lots. Trailing 36 months of VG transfers ÷ registered lot count.

Unit 9$650k2025-04-03

Unit 10$840k2024-11-12

Unit 15$990k2024-06-13

Unit 15$669k2024-06-13

Unit 8$700k2023-02-24

Unit 3 A$735k2022-10-21

NSW Valuer General bulk property sales information (CC-BY), every lot sharing this building's property id; unit labels are the register's own strings. Transfers under 3 months apart are excluded as double entries; growth figures are gross price movements, not returns.

What units here actually rent for

1-bed$591–$748/wkmedian $68558 bonds, Q2 2026

2-bed$775–$1000/wkmedian $895104 bonds, Q2 2026

3-bed$1350–$1962/wkmedian $156520 bonds, Q2 2026

Real transacted rents — every residential bond lodged in postcode 2089 (NSW Fair Trading, CC-BY). Postcode is the finest geography the source publishes; the middle half (25th–75th percentile) is shown because identical floor plans in one building can lease hundreds apart.

Nearby buildings with dossiers

10 Raymond Rd7 sales · 24 lots

39 Raymond Rd7 sales · 18 lots · 100% of resales above purchase

1 A Phillips St7 sales

260 Military Rd153 sales · 73% of resales above purchase

7 Anderson St45 sales · 36 lots · 90% of resales above purchase

What this dossier cannot tell you

Stated so a gap never reads as a clean bill (rule 7's positive form — silence is not evidence):

The strata books. Levies, the capital-works (sinking) fund, insurance, AGM minutes, and any defect claims in progress are not public records. Only a strata report — a paid inspection of the owners corporation's own books — has them. If you are serious about a unit here, buy that report; nothing on this page substitutes for it.
When the building was actually completed. The 1983 registration date is a floor — the scheme existed by then. Occupation certificates aren't in our sources; a conveyancer can obtain them.
Bedrooms on sales records. The Valuer General publishes no bedroom counts, so the sales above are every configuration pooled — a $732k sale and a $1.38M sale may be different-sized homes, not a price swing.
This building's own rents. Bond data is postcode-grain — the ranges above are the area's real transactions, not this building's ledger.
Why any individual vendor is selling. The patterns above are the building's record; no line on this page is a claim about a particular home or owner.

© State of New South Wales (Spatial Services, a business unit of the Department of Customer Service NSW). For current information go to spatial.nsw.gov.au. VG figures: NSW Valuer General bulk property sales information (CC-BY). Every fact above names its source; where a source doesn't cover this building, the section doesn't appear.