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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 elegant lifestyle. Just 8km from the Sydney CBD, Mosman offers a perfect blend of natural beauty and urban sophistication. The suburb is home to iconic attractions such as Taronga Zoo and Balmoral Beach, providing residents and visitors with ample recreational opportunities. With its tree-lined streets, heritage homes, and upscale shopping and dining precincts, Mosman attracts families, professionals, and retirees seeking a prestigious and serene living environment. Its proximity to the city, coupled with a strong community spirit, makes Mosman a highly desirable location.

Mosman property market performance

Current median dwelling price$3,413,000Past 3 months

Property growth-1.7%Past 12 months

Mosman's property market has shown stability over the past 12 months, with house values experiencing a slight increase of 0.3% and unit values remaining unchanged. The median house price has averaged $5.5 million, while units have averaged $1.33 million, indicating a steady demand for both property types.

Sales activity has been robust, with 46 houses and 68 units sold in the past 12 months. However, houses are taking longer to sell, with a median of 76 days on the market, compared to 46 days for units, suggesting a quicker turnover in the unit market.

The rental market in Mosman has seen moderate growth, with house rents increasing by 3.2% and unit rents by 4.3% over the last 12 months. The average rent for houses is $2,000, while units average $780, reflecting a healthy rental demand in the area.

HousesUnits
Median price
Past 3 months
$5.50M$1.33M
Change in value
Past 12 months
0.3%-3.6%
Sold
Past 3 months
4668
Median days on market
Past 12 months
7646
Average rent
Past 12 months
$2000$780
Change in rent
Past 12 months
3.2%4.3%

5 year median price trend for houses and units

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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 a mature demographic, reflected in its 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 area's affluence and appeal to high-income earners.

Family life is a cornerstone of Mosman's community, with couple families with children and those without children each making up 43.8% of the population. This balance highlights the suburb's appeal to both young families and established couples. The presence of quality schools, parks, and recreational facilities further enhances its attractiveness to families. With its combination of natural beauty, high-quality amenities, and a strong sense of community, Mosman remains one of Sydney's most desirable suburbs.

Mosman infrastructure, key developments and investment opportunities

Mosman is currently experiencing several noteworthy developments that may influence its property landscape. The Mosman Council has recently approved plans for the revitalization of Military Road's retail precinct, which aims to enhance the shopping experience while preserving the suburb's heritage character—potentially increasing foot traffic and commercial property values in the area. Improvements to local infrastructure include the ongoing Spit Bridge corridor upgrade project, which is expected to ease traffic congestion and improve connectivity to neighboring suburbs.

The expansion of Mosman High School facilities, scheduled for completion in late 2025, will increase capacity and modernize learning spaces, likely boosting appeal for families considering the area. Additionally, the enhancement of foreshore walking tracks and the restoration of Balmoral Beach amenities continues to maintain Mosman's premium coastal lifestyle offering. These developments, combined with Mosman's established position as a prestigious harbor suburb where median house prices have increased 9% to $5,877,500 in the past year, reinforce its status as one of Sydney's most desirable residential locations.

Mosman rental market trends

The rental market in Mosman has experienced modest growth, with house rents increasing 3.2% over the past year to $2,000 per week, while unit rents have risen 4.3% to $780 per week. With its prestigious location and strong demand, Mosman continues to be a desirable suburb for both renters and investors seeking stability and long-term value.

Suburbs near Mosman

Some popular suburbs near Mosman include:

How does Mosman compare to nearby suburbs?

  • Median house prices: Mosman’s median house price is 61.8% higher than Cremorne’s.
  • Median unit prices: Mosman’s median unit price is 42.9% higher than Neutral Bay’s.
  • House price growth: Over the past 12 months, house prices in Mosman have grown 0.3% higher than in Cremorne.
  • Unit price growth: Over the past 12 months, unit prices in Mosman have grown 6.4% higher than in Neutral Bay.
  • Selling speed for houses: Properties in Mosman are selling 14.6% faster than in Neutral Bay.
  • Selling speed for units: Properties in Mosman are selling 29.2% faster than in North Sydney.
  • Investment considerations: In Mosman, the rental yield for house is 129.1% higher than the Sydney average, while the rental yield for units is 4.7% higher.
  • House price growth: Over the past 12 months, house prices in Mosman have grown 203.2% higher than the average rate of growth across Sydney.
  • Unit price growth:Over the past 12 months, unit prices in Mosman have grown 46.0% higher than the average rate of growth for units across Sydney.

Common questions about Mosman

  • Is Mosman a nice place to live?

    Mosman is a delightful suburb that offers a charming blend of natural beauty and urban sophistication, making it a wonderful place to live. Known for its picturesque harbour views and pristine beaches, Mosman provides a serene and elegant lifestyle that appeals to families, professionals, and retirees alike. The suburb exudes a peaceful vibe, with its tree-lined streets and heritage homes contributing to a strong sense of community. Residents enjoy the convenience of upscale shopping and dining precincts, as well as easy access to Sydney's CBD, just a short distance away.

    For families, Mosman is particularly appealing due to its excellent schools and abundance of parks and recreational facilities. The suburb's family-friendly environment is complemented by a strong community spirit, making it an ideal place for raising children. Safety is generally not a major concern, as Mosman is known for its secure and welcoming atmosphere. While the suburb offers a prestigious lifestyle, it does come with the trade-off of higher property prices, reflecting its desirability and affluence.

    In terms of things to do, Mosman residents have plenty of options, from enjoying the iconic Taronga Zoo to relaxing at Balmoral Beach. The suburb's proximity to these attractions, along with its ongoing developments such as the revitalization of Military Road's retail precinct and improvements to local infrastructure, ensures that Mosman remains a vibrant and connected community. While the cost of living may be higher, the suburb's combination of natural beauty, high-quality amenities, and a strong sense of community make it a truly nice place to call home.

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  • Is it expensive to live in Mosman?

    Mosman is undeniably one of the more expensive suburbs to live in, reflecting its status as a prestigious area with stunning harbour views and a desirable lifestyle. The median house price in Mosman is a staggering $5,437,500, while units are priced at a median of $1,342,500. Renting in Mosman is also on the higher end, with houses averaging $1,550 per week and units around $775 per week.

    The average wage in Mosman is approximately $111,000, which is significantly higher than the national average. This high earning potential is reflected in the median weekly household income of $2,892. However, even with these higher earnings, the cost of housing in Mosman means that a substantial portion of income would need to be allocated towards living expenses. This makes the suburb less affordable for those not earning at the upper end of the income scale.

    Overall, while Mosman offers a luxurious lifestyle with its beautiful surroundings and proximity to Sydney's CBD, the cost of living, particularly in terms of housing, is quite high. If you are thinking of living in Mosman, it's important to consider whether your financial situation can accommodate the expenses associated with residing in this exclusive 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 prestigious suburb that offers promising investment opportunities, particularly for those interested in long-term capital growth. Over the past year, the median house value in Mosman has increased by 3.0%, while units have seen an even more impressive rise of 5.6%. This steady growth in property values indicates a resilient market, appealing to investors seeking stability and potential appreciation.

    While the rental market for houses in Mosman has remained stable with no change over the past year, units have experienced a significant 7.6% increase in rent. This suggests a growing demand for unit rentals, likely driven by the suburb's desirable location and lifestyle offerings. Mosman's proximity to Sydney's CBD, stunning harbour views, and excellent amenities make it a sought-after area for both renters and buyers.

    Overall, Mosman presents a balanced investment opportunity with its combination of capital growth and rental demand, particularly in the unit market. Its reputation as a high-end suburb with limited housing supply ensures that property values remain robust. For investors looking for a prestigious location with steady growth prospects, Mosman is certainly worth considering.

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Choose the right real estate agents in Mosman

Choosing the right real estate agent in Mosman can have a big impact on your sale. While there are 141 real estate agents working in the suburb, but just 5 of them were responsible for 22.5% of all property sales over the past year, showing a strong footprint and track record in the area.

Commission rates typically range from 1.75% to 2.42%, depending on the agent and what’s included. Comparing both performance and fee structures can help you find someone who's well-suited to your needs, and set them up for a successful result.

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