Sydney - North Sydney and Hornsby Property Market & Development Rates — May 2026 | Suburbtrends

Sydney - North Sydney and Hornsby Property Market: Prices, Vacancy & Trends

As of May 2026, median house prices across the Sydney - North Sydney and Hornsby SA4 range from $1,808,000 (Hornsby) to $3,700,000 (North Sydney - Mosman). The stock-weighted rental vacancy rate is 4.9%, ranging from 2.6% in Ku-ring-gai to 7.2% in North Sydney - Mosman. Top median house rent is $2300/week in Mosman - North.

Source: Suburbtrends, 12-month rolling medians · Updated monthly
$3.70M
North Sydney - Mosman median house
$3.40M
Chatswood - Lane Cove median house
-0.5%
Top SA3 growth (Chatswood - Lane Cove)
4.9%
SA4 vacancy (weighted)
$2300/wk
Top house rent (Mosman - North)
787
Houses listed for sale

What is the median house price in the Sydney - North Sydney and Hornsby?

Median house prices across the Sydney - North Sydney and Hornsby's SA3 markets span $1,808,000 to $3,700,000, with North Sydney - Mosman the most expensive market and Hornsby the most affordable.

SA3 house markets, Sydney - North Sydney and Hornsby — 12 months to May 2026
SA3 marketMedian house12-mth changeMedian unitDays on market
North Sydney - Mosman$3,700,000−3.1%$1,270,00027
Chatswood - Lane Cove$3,400,000−0.5%$1,071,00027
Ku-ring-gai$3,400,000−0.6%$1,000,00028
Hornsby$1,808,000−2.3%$767,50026
Listings on market by SA3 — for sale and for rent, current month
SA3 marketHouses for saleHouses for rentUnits for saleUnits for rent
Ku-ring-gai352146344149
Chatswood - Lane Cove17952461343
Hornsby1454417760
North Sydney - Mosman11163370400

Listings counts are the current-month average of properties advertised for sale or rent. Unit stock can be thin in regional markets — some SA2 unit markets carry only a handful of active listings at any time.

SA2 median prices, houses and units — 12 months to May 2026
SA2 areaSA3House medianHouse 12-mthUnit median
Artarmon Chatswood - Lane Cove$5,030,000$1,137,000
Chatswood - EastChatswood - Lane Cove$4,820,000+16.1%$1,251,000
WilloughbyChatswood - Lane Cove$4,200,000+28.8%$1,035,000
Lindfield - RosevilleKu-ring-gai$3,967,000−0.8%$1,000,000
Mosman - NorthNorth Sydney - Mosman$3,950,000−28.2%$1,200,000
Mosman - SouthNorth Sydney - Mosman$3,850,000−8.3%$1,150,000
Cremorne - CammerayNorth Sydney - Mosman$3,750,000+31.6%$1,410,000
North Sydney - Lavender Bay North Sydney - Mosman$3,700,000$1,065,000
Gordon - KillaraKu-ring-gai$3,650,000−6.4%$1,100,000
Castle Cove - NorthbridgeChatswood - Lane Cove$3,600,000+14.3%$915,000
St IvesKu-ring-gai$3,500,000+9.4%$1,100,000
TurramurraKu-ring-gai$3,500,000+16.7%$850,000
Chatswood (West) - Lane Cove NorthChatswood - Lane Cove$3,290,000+20.4%$985,000
St Leonards - Naremburn Chatswood - Lane Cove$3,250,000$1,095,000
Neutral Bay - KirribilliNorth Sydney - Mosman$3,085,000−6.5%$1,285,000
Wahroonga (East) - WarraweeKu-ring-gai$3,060,000−12.6%$1,030,000
Crows Nest - WavertonNorth Sydney - Mosman$3,000,000+16.1%$1,255,000
Greenwich - RiverviewChatswood - Lane Cove$2,911,000−27.6%$940,000
Lane CoveChatswood - Lane Cove$2,901,000−13.0%$940,888
PymbleKu-ring-gai$2,850,000−9.5%$915,000
Wahroonga (West) - WaitaraHornsby$2,420,000+0.4%$810,000
Normanhurst - Thornleigh - WestleighHornsby$1,975,000−0.8%$1,450,000
Hornsby - WestHornsby$1,910,000+2.6%$876,000
Hornsby - East Hornsby$1,800,000$730,000
Asquith - Mount ColahHornsby$1,725,000+1.5%$1,125,000
Berowra - Brooklyn - CowanHornsby$1,680,000+10.2%

† Thin market: fewer than 40 sales in 12 months, or a distorted price mix — medians are volatile and 12-month changes are not reported. A dash indicates too few unit sales to report a reliable median.

Which Sydney - North Sydney and Hornsby areas are growing fastest?

Among SA2 areas with robust sales volumes, the strongest 12-month house price growth to May 2026 was Cremorne - Cammeray +31.6%, Willoughby +28.8%, Chatswood (West) - Lane Cove North +20.4%, Turramurra +16.7%, Chatswood - East +16.1%. The softest market was Mosman - North (-28.2%).

What is the rental vacancy rate in the Sydney - North Sydney and Hornsby?

The stock-weighted rental vacancy rate across the Sydney - North Sydney and Hornsby SA4 is 4.9% as at May 2026. Conditions range from 2.6% in Ku-ring-gai to 7.2% in North Sydney - Mosman.

Rental vacancy by SA3, rolling 3-month rate — trailing 6 months
SA3 marketDec 25Jan 26Feb 26Mar 26Apr 26May 26Rental stock
Ku-ring-gai2.5%2.9%3.3%3.5%2.7%2.6%613
Chatswood - Lane Cove3.4%3.9%3.8%3.8%2.9%3.3%1,163
Hornsby5.9%5.0%3.9%5.1%5.3%4.9%486
North Sydney - Mosman8.5%7.7%7.6%8.0%7.2%7.2%1,436

Suburbtrends Vacancy Index methodology: vacant rental listings as a share of total rental stock, rolling 3-month basis. SA4 weighted rate uses current rental stock weights.

What are the rents in the Sydney - North Sydney and Hornsby?

Median house rents across the Sydney - North Sydney and Hornsby run to $2300/week in Mosman - North at the top of the region. Unit rents typically sit below houses; bedroom splits below show where stock supports a reading.

House rents by SA2 — weekly median and bedroom splits, 12 months to May 2026
SA2 areaMedian2-bed3-bed4-bed
Mosman - North$2300$985$1750$2300
Mosman - South$2100$1250$1900$2300
Gordon - Killara$1650$760$1150$1600
Greenwich - Riverview$1645$980$1150$1850
Castle Cove - Northbridge$1600$995$1395$1850
St Ives$1600$650$1200$1500
Willoughby$1500$990$1300$1850
Lindfield - Roseville$1500$875$1200$1550
Pymble$1500$800$1100$1450
Wahroonga (East) - Warrawee$1500$680$1150$1450
Cremorne - Cammeray$1500$950$1450$2250
Neutral Bay - Kirribilli$1500$1100$1400$2000
Artarmon$1450$795$1300$1800
Chatswood - East$1450$850$1280$1545
Turramurra$1400$750$1050$1400
Crows Nest - Waverton$1400$1080$1500$1990
Chatswood (West) - Lane Cove North$1350$750$1200$1500
North Sydney - Lavender Bay$1350$1050$1350$1800
St Leonards - Naremburn$1300$1000$1400$1650
Lane Cove$1280$750$1250$1550
Wahroonga (West) - Waitara$990$700$920$1250
Normanhurst - Thornleigh - Westleigh$950$625$870$1100
Asquith - Mount Colah$900$620$850$1070
Hornsby - West$900$640$870$990
Hornsby - East$890$600$890$995
Berowra - Brooklyn - Cowan$850$650$850$950
Unit rents by SA2 — weekly, where stock supports a reading, 12 months to May 2026
SA2 areaMedian2-bed3-bed
St Leonards - Naremburn$950$1150$1400
Lindfield - Roseville$900$900$1300
North Sydney - Lavender Bay$900$1150$1650
St Ives$870$850$1200
Chatswood - East$865$975$1500
Pymble$860$850$1200
Cremorne - Cammeray$850$890$1325
Mosman - North$850$900$1600
Gordon - Killara$830$840$1150
Mosman - South$820$850$1500
Crows Nest - Waverton$810$850$1250
Castle Cove - Northbridge$800$800$1350
Greenwich - Riverview$800$830$1100
Willoughby$790$800$1250
Wahroonga (East) - Warrawee$790$760$1150
Artarmon$780$780$1100
Turramurra$780$780$1200
Neutral Bay - Kirribilli$780$895$1450
Chatswood (West) - Lane Cove North$750$780$1100
Lane Cove$750$750$1050
Normanhurst - Thornleigh - Westleigh$730$750$850
Wahroonga (West) - Waitara$730$740$900
Asquith - Mount Colah$700$700$880
Hornsby - East$650$665$830
Hornsby - West$630$645$820
Berowra - Brooklyn - Cowan$600$670$850

Rents are median advertised asking rents over 12 months. Bedroom splits are reported where enough listings support a reading; a dash indicates too few. Unit rents are shown only for SA2s with sufficient rental stock.

For developers & lenders Suburbtrends is building Development Rates for the Sydney - North Sydney and Hornsby — new-build sale, land and construction rates per sqm by SA2, with traced site purchases and MCG-prepared cost bands. Join the waitlist →

How this data is compiled

Suburbtrends compiles transaction, listings and rental records monthly across every SA2, SA3 and SA4 in Australia. Medians and percentiles are calculated on a 12-month rolling basis; vacancy follows the Suburbtrends Vacancy Index methodology (vacant rental listings as a share of total rental stock, rolling 3 months). Development Rates covers completed strata projects of 4–40 dwellings, with each project's site purchase traced through the title record to derive the land component. Thin markets are flagged and 12-month changes suppressed where sample sizes do not support them. Boundaries follow the ABS ASGS Edition 3. This page was last updated with data to May 2026, and is refreshed in the first week of every month.

Kent Lardner, Head of Research at Suburbtrends
Kent Lardner
Head of Research, Suburbtrends · 30+ years in property data analytics

Kent's research is regularly cited in the Australian Financial Review, news.com.au and industry media. He previously led data science teams at major property data firms and founded Suburbtrends to publish independent, suburb-level market research. Full profile and press citations →

© 2026 Suburbtrends · Independent Australian property research · Market data on this page may be cited with attribution to Suburbtrends and a link to this URL. Development Rates figures shown are headline regional rates; figures are estimates derived from transaction and title records and do not constitute financial advice.