Demand for Sydney houses is still strong, according to REA economist Nerida Conisbee, but it’s certainly stronger in suburbs more than others.
Ms Conisbee said, generally speaking, the Sydney market was favouring sellers wishing to downsize.
“You could sell your house and pick up something smaller, because apartments aren’t moving as fast as houses,” she said.
Once ensconced in Mosman, people tend to stay put, as is evidenced by the healthy population of silver foxes, which includes a mix of couples and singles.
Between Mosman and bordering Cremorne, you’ll find all you need in terms of shopping, restaurants and entertainment.
All just a hop, skip, jump, or ferry ride from the CBD.
Whether it’s a grand period home or a newly-designed luxury townhouse, Mosman is known for extravagant, grand buildings.
According to data from core Logic, the median house price is $3,750,000.
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