Mosman Bond Street Site Sells For $35m With Six-Storey Plan Under Review

A multi-property site on Bond Street in Mosman has sold for $35 million, as a 27-dwelling residential proposal for the same address remains under assessment.



Three Homes, One Development Parcel

The deal covers 5–9 Bond Street, Mosman, combining three adjoining properties into a 1,724-square-metre site.

Property records included in the material state 5 Bond Street sold for $5.7 million in October 2023 and has since been demolished, leaving a vacant block. 7 Bond Street last sold for $2.8 million in February 2018, with renovations completed in 2021, and is described as currently occupied. 9 Bond Street was purchased for $2.1 million in May 2014.

 Mosman development
Photo Credit: MosmanCouncil

The parcel is located near Bridgepoint and set back from Military Road. The properties are not described as heritage listed.

Mosman property
Photo Credit: MosmanCouncil

What The Proposal Seeks To Build In Mosman

The development application proposes demolition and a new residential flat building comprising 27 dwellings across six storeys, with basement parking.

The unit mix listed in the material is one one-bedroom, eight two-bedroom, 16 three-bedroom, and two four-bedroom apartments. The proposal states 3,792 square metres of gross floor area.

The planning tracker lists the cost of work as $23,915,000, with the application lodged on 7 November 2025 and under assessment from 9 December 2025. The target determination date shown is 18 March 2026.

Bond Street Mosman
Photo Credit: MosmanCouncil

Objections Focus On Height, Amenity And Trees

More than 50 objections have been lodged. Submissions included concerns about building height, setbacks, overshadowing and impacts on privacy and views. Some objectors contend rooftop facilities create an additional storey in practical terms and push the building above a stated height limit.

Other objections raise concerns about traffic and public transport capacity, geotechnical risk linked to excavation, and tree canopy loss. One submission claims more than 24 trees would be removed and alleges trees were previously removed without the required permissions.

What Happens Next



The application remains under assessment, with the planning tracker showing a target determination date of 18 March 2026.

Published 21-Jan-2026

Mosman Property Prices Keep Climbing, and Locals Are Feeling the Pressure

Mosman, one of the city’s most well-known harbourside suburbs, is seeing property prices hit eye-watering heights, and it’s starting to weigh on long-term residents.



Mosman property prices
Photo Credit: Mosman/Wikipedia

Prices Are Sky High

Property values in Mosman have skyrocketed in the past ten years. Units currently average $1.425 million, while the median home price is $5.875 million. At 11.37% for homes and 8.78% for apartments, growth rates are still robust. However, it’s not just purchases that are expensive; mortgage repayments typically total more than $4,000 per month, and growing maintenance expenses and stamp duties are making matters worse.

For retirees and long-term locals, the financial pressure is becoming harder to ignore. Downsizing within Mosman isn’t always an option either, with unit prices now sitting firmly in the million-dollar range.

The Mosman Lifestyle Still Shines

Mosman suburb showcasing premium lifestyle
Photo Credit: MC/Facebook

Mosman is still one of Sydney’s most desirable suburbs for a reason, despite the financial strain. The area’s charm is hard to top thanks to improvements like the renovated Mosman Wharf, the Chinamans Beach and Balmoral playgrounds, and the updated Mosman Art Gallery. Improvements have also been made to public transportation, with more frequent bus services making it simpler to travel into the central business district.

On weekends, Balmoral Beach remains packed with families, while the village cafés buzz with locals enjoying brunch. It’s these little details that keep Mosman so highly valued, even amidst the financial pressures.

Changing Faces of Mosman

It’s difficult to ignore the changing demographics of the suburb. Getting a foot in the door is becoming more and more difficult for younger families and first-time homebuyers. High-end real estate is being seized by investors and high-earners, which is progressively changing the sense of community in Mosman.

People who have lived in Mosman for decades are beginning to face difficult decisions. For some, the only practical choice is to sell up and relocate to a less expensive area.

Comparisons to Other Markets

In comparison, areas like the Gold Coast offer significantly lower median house prices, currently sitting around $1.17 million. Developments in suburbs such as Isle of Capri and Bundall provide modern luxury homes at a fraction of Mosman prices. The cost savings, paired with a relaxed coastal lifestyle, are becoming an increasingly appealing option for those priced out of Sydney’s premium market.

Mosman property market report and trends
Photo Credit: MC/Facebook

What Lies Ahead?



Experts reckon Mosman prices will keep heading upwards. Demand is strong, stock is limited, and there’s no shortage of interest from affluent buyers. But with affordability remaining a serious issue, the suburb’s character might continue to shift over time.

Published 29-Dec-2024