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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

Mosman's property market has shown positive growth over the past 12 months, with house values increasing by 3.0% and unit values rising by 5.6%. The median house price over the past three months has averaged $5.44 million, while units have averaged $1.34 million, indicating a robust demand for both property types.

Sales activity has been active, with 37 houses and 60 units sold in the past three months. Units are selling faster than houses, with a median time on market of 33 days compared to 49 days for houses, suggesting stronger demand in the 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 7.6%, reflecting a growing demand for rental units in the area.

Median price - houses$5.44MPast 3 months

Median price - units$1.34MPast 3 months

Change in value - houses3.0%12 months

Change in value - units5.6%12 months

Houses sold37Past 3 months

Units sold60Past 3 months

Median DOM - houses49Past 12 months

Median DOM - units33Past 12 months

Average rent - houses$1550Past 12 months

Average rent - units$775Past 12 months

Change in rent - houses-13.9%Past 12 months

Change in rent - units7.6%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 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 shown stability, with house rents remaining unchanged at $1,550 per week over the past year. In contrast, unit rents have experienced a 7.6% increase, reaching $775 per week. This suggests a growing demand for units, making Mosman an attractive option for renters seeking a prestigious location with 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 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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