Prestige Property Team Sales Highlights | 2025/2026 Financial Year

As we wrap up the 2025/2026 financial year, we wanted to share a snapshot of what’s been happening in the Lower North Shore prestige property market.

The first half of the financial year saw strong sales activity and healthy buyer engagement. However, conditions became more challenging in the second half of the year. Interest rate pressures, ongoing cost-of-living concerns and global uncertainty all contributed to buyers taking a more measured approach to their purchasing decisions.

As a result, transaction volumes across the prestige market declined, with buyers becoming increasingly selective and taking longer to commit. Despite this, quality homes that were well presented and priced in line with the current market continued to achieve excellent results.

One thing that’s important to remember is that much of the media commentary focuses on the Sydney market as a whole. The Lower North Shore market often performs quite differently, which is why it’s so important to understand the local data rather than relying on broad headlines. Every suburb and every price point behaves differently, and that’s where local expertise really matters.

Despite softer market conditions, our team continued to strengthen our market position. We now hold a 34% market share across the $7 million to $20 million-plus market, with our nearest competitor sitting at 22%.

An interesting trend emerged when comparing transaction volumes across the first and second halves of the financial year.

In the $7 million to $10 million segment, activity remained resilient, increasing from 11 sales between July and December 2025 to 15 sales between January and June 2026.

However, the upper prestige market experienced a significant slowdown. Sales in the $10 million to $20 million segment declined from 26 transactions in the first half of the financial year to just 9 in the second half. Similarly, the $20 million-plus market recorded 6 sales between July and December, compared with only 2 sales from January to June.

This highlights that the softening market conditions have been most pronounced at the very top end of the prestige market.

Throughout the year, we were privileged to help 52 clients buy and sell across the Lower North Shore, achieving more than $421 million in sales.

These results reflect the trust our clients place in us, the strength of our buyer database, and our team’s ability to consistently deliver outstanding outcomes regardless of market conditions.

This year’s highlights
• $421,000,000 in total sales
• 52 properties sold
• 34% market share across the $7 million to $20 million+ market
• 5,591 open homes conducted across our business
• 24,047 buyers met across our business

Our Recent Success

Setting a new benchmark for prestige property, 402/147 Kurraba Road, Kurraba Point tops the chart as the suburb’s highest all-time sale and the Lower North Shore’s highest-selling apartment.

21 Balmoral Avenue, Mosman was sold under the radar to a buyer in our client network.

As featured on Vogue Living and various digital media, 7 St Elmo Street, Mosman captured global attention and was sold prior to auction.

From a downsizing family to an upsizing family, 28 David Street, Mosman was a beautiful sale that saw a local home passed from one generation of Mosman residents to the next.

20 Esther Road, Mosman welcomed 77 groups of buyers through open homes before selling prior to auction in less than one month.

28 Richmond Avenue, Cremorne saw exceptional engagement throughout its campaign, welcoming 113 groups of buyers to open homes and receiving over 226 email enquiries. This strong turnout translated directly to our Mosman Auction House, with the property selling at a hotly contested auction with four bidders competing to secure the final bid.If you’re considering selling or would like an up-to-date appraisal of your property’s value, we’d be pleased to assist. Please don’t hesitate to reach out to one of our team.