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Mosman vs Palm Beach

Property investment comparison - Mosman, NSW 2088 vs Palm Beach, NSW 2108

Head-to-head across core investment metrics: Mosman wins 2, Palm Beach wins 2. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.

MetricMosmanPalm Beach
Median house price$5.3M$5.3M
Median unit price$1.4M-
Gross rental yield (houses)2.15%1.78%
Gross rental yield (units)-2.67%
1-year house growth-8.4%estimate-1.9%estimate
3-year house growth--
Vacancy rate1.8%2.8%
Population28,3291,652

Mosman vs Palm Beach: what the numbers say

The median house price is $5.3M in Mosman and $5.3M in Palm Beach, so Palm Beach is the cheaper entry point, with Mosman houses about 1% dearer.

On cash flow, Mosman leads: houses there return a gross rental yield of 2.15%, compared with 1.78% in Palm Beach, a gap of 0.37 percentage points.

Over the past year house prices moved -8.4% in Mosman (an estimate) and -1.9% in Palm Beach (an estimate), so recent momentum favours Palm Beach, while Mosman went backwards.

Rental vacancy is 1.8% in Mosman and 2.8% in Palm Beach, so landlords in Mosman face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Mosman is the bigger suburb, with a population of 28,329 against 1,652, roughly 17 times the size of Palm Beach; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Mosman for rental income, Palm Beach for a lower purchase price, Palm Beach for recent price momentum, Mosman for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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