Mosman house prices are outpacing the Sydney average, as homebuyers flock to the harbourside gem for its lifestyle and convenience.  

The affluent suburb is just eight kilometres northeast of Sydney’s CBD, offering water views, harbour walks, boutique shops and charming cafes.  

Mosman’s amenities and proximity to the city centre have helped drive its median house price 10.3% higher to $5.7345 million over the past year, according to PropTrack.  

It's also a popular spot for homebuyers, with more than 220 houses in Mosman changing hands over the past 12 months.  

BresicWhitney chief executive Thomas McGlynn said Mosman had everything that you could want at your fingertips.  

“Living in Mosman, you would probably say it's lifestyle personified,” Mr McGlynn said.  

Mosman is known for its water views and harbourside walks. Picture: Getty

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“You have everything that you could conceivably want... whether it's jumping in the water down at Balmoral Beach, taking the kids to Taronga Zoo or kicking back at a great cafe." 

Mosman has a range of different housing options, from period houses to new townhouses and modern apartments.  

Mr McGlynn said property prices had always performed well across Mosman, as well as the Lower North Shore region. 

“It's a resilient marketplace, and very rarely is it affected by larger macroeconomic conditions, and that's something that makes it just such a great place to buy and to invest in," he said.  

The five-bedroom house at 25 Calypso Avenue, Mosman is one of more than 220 houses that have sold in the suburb over the past year. Picture: realestate.com.au/sold

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“There's all different types of buyers buying: you've got first-home buyers that are buying into the apartment market; young families buying into the housing market; and other buyers upgrading and downgrading.”  

It comes as the median house price in Sydney grew 6.4% to $1.429 million over the past year.  

PropTrack senior economist Angus Moore said Sydney home prices were more or less in line with the national average. 

BresicWhitney chief executive Thomas McGlynn said Mosman had everything that you could want at your fingertips. Picture: supplied

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“It’s not the sort of growth that we were seeing a few years ago but it’s still pretty solid given how high interest rates are at the moment,” he said.  

“It’s been fairly robust, and we’re seeing reasonable sales activity as well, so it’s shaping up to be a reasonably busy spring period.”