Prestige Property Northern Beaches Sydney | Market Outlook 2026

hotspotting.com.au and propertyU

Sydney’s prestige property market is striking, and the Northern Beaches and North Shore luxury property plays a huge role in the city’s elite feel. These areas have no equal in the country for ultra-enviable coastal eye candy.

To even get a look in at some of the property on offer, you’ll need a budget in excess of $4 million.

In fact, Herron Todd White (HTW)’s November Month In Review report took this figure a lot higher, noting that Sydney’s premium market is now commanding tens of millions.

That said, there have been comments suggesting some softening in activity in the prestige market, although that will partially be a function of what stock is available. The HTW highlighted that the Upper North Shore’s $10 million-plus market sector saw limited activity in 2025, in comparison to its strong run of record-setting years in the post-COVID period. For now, the $7 million to $10 million segment seems to be one to watch in this region, including lesser-known St Ives, where two new-build properties fetched $8 million-plus in 2025.

Buyer appetite for large-scale renovations and new builds within the Prestige Property Northern Beaches Sydney market has been strong, while waterfront and harbor-view houses in prestige enclaves like Palm Beach and Bayview continue to be ultra-desirable, thanks to their scarcity and strong capital growth potential. Propertybuyer’s Northern Beaches and North Shore specialist, Matt Corbett, and I discussed the ups and downs of the prestige market in this special area, including property demand and values. We also dissected some key sales in the area, and most importantly, who exactly are the lucky people buying these homes?

Who’s buying?

Westpac’s 2025 Prestige Property Report highlighted that Australia’s prestige buyers are generally more concerned with global rather than domestic issues such as interest rate changes. Of more importance to the premium crowd are equity markets, bonuses, offshore capital flows, and currency shifts. These issues, along with traditional legacy wealth and global business strength, are why most premium buyers can depend on cash, rather than a mortgage, to buy property.

Matt noted that his local premium sector attracted downsizers and global buyers, who were drawn towards high-end units and penthouses, particularly those on harbourside sites or in boutique developments.

Some upgraders are also looking to redevelopment corridors, like Frenchs Forest, for their “land-rich” blocks and zoning reforms. These buyers also appreciate Frenchs Forest’s infrastructure upgrades and overall renewal. Others appreciate the large land parcels in Wahroonga and Pymble, especially these suburbs with elite schools. Talking schools, luxury family homes in Mosman, Cremorne, Neutral Bay, and Kirribilli are highly popular.

Northern Beaches and North Shore’s most impressive sales

In August, 4 McLean Crescent in Mosman sold for $43.5 million, but the suburb’s highest-ever sale was topped just two months later by 3 Kirkoswald Avenue. Set in the prestigious suburb’s Golden Triangle, this property sold for around $50 million, which isn’t bad for a property that was on the market for less than a week. Then again, while not on the waterfront, the six-bedroom, seven-bathroom home did have amazing harbour views and was set on 2235 square metres.

3 Kirkoswald Avenue, Mosman (source: realestate.com.au)

Kirribilli’s former price record also doubled in this period, with a waterfront mansion at an unconfirmed address on Elamang Avenue in August selling for $41 million.

Let’s look at some more startling 2025 sales in this enviable coastal area.

49 Sunrise Road, Palm Beach sold for $24.01 million in September. This northern peninsula property boasts sweeping views of Pittwater, Palm Beach, and the iconic Barrenjoey Lighthouse, as well as Lion Island and out to the Central Coast. These views can be enjoyed from a timber deck with an infinity-edge pool. The five-bedroom, four-bathroom entertainer is also set on 1258 square metres of landscaped gardens and includes a private master wing, a separate self-contained studio, a sauna, a fireplace, and a gym.

46 Sunrise Road, Palm Beach (source: L J Hooker)

5 Sea Street, Hunters Hill, proved that the rarity of deep-waterfront properties in one of Sydney’s most tightly held enclaves can translate into big dollars. This home sold for $16.515 million in April and is a standout in every sense of the word. The five-bedroom, five-

bathroom estate sprawls across a massive 955 square metres of premium waterfront land and includes a private jetty and pontoon on Burns Bay. There is also a pool with an extraordinary terrace and alfresco kitchen, plus an outdoor firepit, sauna, and indoor fireplace.

5 Sea Street, Hunters Hill (source: realestate.com.au)

58 Benaroon Avenue, St Ives also illustrated what premium buyers are prepared to pay in St Ives these days. This is an amazing mansion, which broke the suburb’s record for the second time in just one week. Yes, this Hamptons-style home sold for $8.756 million in October, barely seven days after 32 Waterhouse Avenue fetched $8.55 million.

58 Benaroon Avenue, St Ives (source: realestate.com.au)

Both stunning properties were newly built homes, with 58 Benaroon Avenue set on 938 square metres and featuring a private guest wing, a terrace with an outdoor kitchen, and a heated pool and spa with a deck and cabana. Even the powder room comes with Swarovski crystal tapware. No, I’m not joking.

“Copper House,” 7 Myola Road, Newport lets you live right on one of Sydney’s best beaches. This iconic local home transacted for $17.5 million in November. This was another record sale price for beachfront homes between Freshwater and Whale Beach. And again, it spent less than a month on the market before a local family purchased it. The home’s unusual title is based on its unique architectural style, but it also offers an absolute beachfront position on 1146 square metres. The new owners can enjoy a heated lap pool, a hot tub, an outdoor shower, and a built-in barbecue.

7 Myola Road, Newport (source: realestate.com.au)

Prestige outlook 2026

Looking ahead to the new year, Matt predicts 2026 will bring further strong demand to the Northern Beaches and North Shore prestige market. But both demand and price growth will roll out in a steady, moderated way, rather than an explosive surge or even a correction.

The moderated annual growth of around five to six percent will reflect a more sustainable, mature market, supported by low stock, strong lifestyle appeal, and continued prestige buyer activity. Stabilising interest rates should also sustain buyer confidence.

Buying a prestige or ultra-premium property in the Northern Beaches and North Shore is very different from buying a home in the broader market. You need a buyer’s agent with specialist experience, skills, and connections in this unique sector, especially when wanting access to the area’s incredible off-market opportunities. If these suburbs north of the city are on your luxury radar in 2026, contact Matt and the team. They’ll ensure you secure an incredible home, with a lifestyle to match.

  To have one of the friendly Propertybuyer  Buyers' Agents  to contact you:

   or

call us on 1300 655 615 today.