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Mosman suburb profile

Mosman is an affluent suburb located on Sydney's Lower North Shore, renowned for its stunning harbour views, pristine beaches, and lush green spaces. Just 8km from the Sydney CBD, Mosman offers a perfect blend of natural beauty and urban convenience. The suburb is home to iconic attractions like Taronga Zoo and Balmoral Beach, making it a popular destination for both residents and visitors. With its elegant heritage homes, upscale boutiques, and vibrant dining scene, Mosman attracts families, professionals, and retirees seeking a prestigious and tranquil lifestyle. Its strong community spirit and excellent amenities further enhance its appeal.

Mosman property market performance

Mosman's property market has shown positive growth over the past 12 months, with house values increasing by 4.1% and unit values rising by 6.6%. The median house price over the past three months has averaged $4.86 million, while units have averaged $1.45 million, indicating strong demand in the area.

Sales activity has been robust, with 53 houses and 104 units sold in the past three months. Units are selling faster than houses, with a median time on market of 36 days compared to 42 days for houses, suggesting a competitive unit market.

The rental market in Mosman has seen varied changes over the last 12 months. While the average rent for houses has remained stable, unit rents have increased by 7.1%, reflecting a growing demand for rental units in the suburb.

Median price - houses$4.83MPast 3 months

Median price - units$1.40MPast 3 months

Change in value - houses4.0%12 months

Change in value - units6.4%12 months

Houses sold47Past 3 months

Units sold83Past 3 months

Median DOM - houses49Past 12 months

Median DOM - units33Past 12 months

Average rent - houses$1510Past 12 months

Average rent - units$765Past 12 months

Change in rent - houses-16.1%Past 12 months

Change in rent - units6.3%Past 12 months

Mosman demographics

Mosman, located on Sydney's Lower North Shore, is renowned for its stunning harbour views, affluent lifestyle, and family-friendly environment. With a population of 28,329, the suburb is characterized by its mature demographic, reflected in the median age of 45. This suggests a community of established professionals and families who appreciate the suburb's blend of natural beauty and urban convenience.

The suburb's housing landscape is diverse, with a significant proportion of properties owned outright (39.4%), indicating a stable and affluent community. Additionally, 26.6% of properties are owned with a mortgage, while 34.1% are rented, offering a mix of stability and flexibility for residents. The high median household income of $2,892 per week underscores the suburb's affluence and appeal to those seeking a high-quality lifestyle.

Family life is central to Mosman, with couple families with children and those without children each making up 43.8% of the family composition. This balance highlights the suburb's appeal to both growing families and established couples. The presence of one-parent families (11.2%) and other family types (1.2%) adds to the suburb's diverse community fabric. With its prestigious schools, boutique shopping, and proximity to Sydney's CBD, Mosman remains a highly sought-after location for those seeking a blend of luxury, convenience, and community.

Mosman infrastructure, key developments and investment opportunities

Mosman is experiencing several developments that could influence its property market. The redevelopment of Mosman Square and Village Green is underway, aiming to create a more vibrant town center with improved public spaces and amenities. This project is likely to enhance the area's appeal and potentially boost property values in the vicinity.

Additionally, upgrades to local schools, including expansions at Mosman High School and renovations at Beauty Point Public School, are enhancing educational facilities in the area. These improvements may attract more families to Mosman, potentially increasing demand for family homes. The ongoing development of the Taronga Zoo Master Plan, including new exhibits and facilities, continues to be a major drawcard for the suburb, supporting its desirability and tourism appeal.

Mosman rental market trends

The rental market in Mosman has shown stability, with house rents remaining unchanged at $1,600 per week over the past year. In contrast, unit rents have experienced a 7.1% increase, reaching $750 per week. Mosman continues to attract renters and investors with its prestigious location and strong community appeal, offering a balanced rental market.

Suburbs near Mosman

Some popular suburbs near Mosman include:

Common questions about Mosman

  • Is Mosman a nice place to live?

    Mosman is a delightful suburb that offers a prestigious and tranquil lifestyle, making it a wonderful place to call home. Nestled on Sydney's Lower North Shore, Mosman is known for its charming atmosphere and stunning natural beauty. The suburb is blessed with lush green spaces and pristine beaches, providing residents with ample opportunities to enjoy the outdoors. Its proximity to the Sydney CBD, just 8km away, ensures that urban conveniences are never far, making it an ideal location for those who want the best of both worlds.

    The suburb exudes a sophisticated vibe with its elegant heritage homes, upscale boutiques, and vibrant dining scene. Mosman is a family-friendly area, attracting both established families and professionals who appreciate its strong community spirit and excellent amenities. The presence of prestigious schools and boutique shopping options further enhances its appeal to families seeking a high-quality lifestyle. Safety is generally not a major concern, contributing to the suburb's reputation as a secure and peaceful place to live.

    While Mosman offers a luxurious lifestyle, it does come with certain trade-offs. The affluence of the area is reflected in property prices, which can be quite high, making it less accessible for those on a tighter budget. Additionally, the suburb's popularity means that it can be bustling, particularly around its iconic attractions like Taronga Zoo and Balmoral Beach. However, for those who can afford it, Mosman provides a unique blend of luxury, convenience, and community, making it a highly desirable place to live.

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  • Is it expensive to live in Mosman?

    Mosman is known for its beautiful scenery and affluent lifestyle, but it comes with a hefty price tag. The median house price in Mosman is a staggering $4,859,000, while units aren't exactly cheap either, with a median price of $1,450,000. If you're considering renting, expect to pay around $1,600 per week for a house and $750 for a unit. These figures highlight the premium cost of living in this picturesque suburb.

    When you compare these costs to the average wage in Mosman, which is approximately $134,000 per year, it becomes clear that a significant portion of one's income would be devoted to housing. This is especially true when you consider that the median total household income weekly is $2,892. In contrast, the average salary in Sydney is around $85,000 per year, indicating that Mosman is considerably more expensive than many other areas in the city.

    Overall, living in Mosman offers a luxurious lifestyle with stunning views and top-notch amenities, but it's not for the faint of heart financially. If you're thinking of living in Mosman, it's essential to evaluate your budget to ensure it can accommodate the high costs associated with this prestigious suburb.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Mosman a good place to invest?

    Mosman is a highly desirable suburb that presents a promising opportunity for property investors. Over the past year, the suburb has experienced a notable increase in property values, with median house prices rising by 4.1% and unit values climbing by an impressive 6.6%. This upward trend in property values indicates a strong demand for real estate in the area, making it an attractive option for those looking to invest.

    In addition to the growth in property values, Mosman has also seen a significant increase in rental returns, particularly for units, which have experienced a 7.1% rise in rent over the last 12 months. This suggests a robust rental market, especially for units, offering investors the potential for steady rental income. While house rents have remained stable, the overall demand for rental properties in Mosman remains strong, driven by its appealing lifestyle, proximity to the city, and beautiful surroundings.

    Overall, Mosman offers a compelling mix of capital growth and rental yield potential. Its consistent property value appreciation, coupled with a thriving rental market, makes it a solid choice for investors seeking both long-term growth and reliable rental returns. With its prestigious reputation and strong market fundamentals, Mosman stands out as a prime investment suburb.

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