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: