Add Row
Add Element
cropper
update
update
Add Element
  • Home
  • Categories
    • Newcastle
    • Property Services Newcastle
    • Business Spotlight
    • Commercial
    • Residential
    • Investment
    • Mortgage & Financing
    • Community News Australia
    • Home Improvement
    • Property Market Trends
    • Property Tips
    • Property Cast Highlights
  • Expert Interviews
    • Registration
February 07.2026
3 Minutes Read

Cardross: A Family Sanctuary in Mosman Awaits for $18M!

Mosman family sanctuary with pool and lush garden for sale.

A Unique Opportunity in Mosman: The Family Sanctuary of Cardross

The Mosman property market has rarely seen a listing as captivating as Cardross, located at 28 David St. The former Foxtel chief Richard Freudenstein, along with his wife Jane, is parting with this stunning family home, renowned not just for its luxury but for the warmth and memories it has fostered. With an asking price of $18 million, this property exemplifies the delicate blend of rich heritage and modern extravagance.

Situated on an expansive 1150sqm in Clifton Gardens, Cardross exemplifies the unique qualities that make Mosman one of Australia’s most desirable suburbs. Richard and Jane were particularly drawn to the home because of its name, which ties to Jane's Scottish lineage. Throughout the years, they have hosted numerous family gatherings, emphasizing the home’s capacity for multi-generational living. Jane recalls, “The apartments had been home to families for years, which made it feel just right for us.”

Architectural Elegance Meets Modern Convenience

Cardross showcases sophisticated renovations that honor its century-old character while introducing modern appointments. Its interiors are flooded with natural light thanks to strategically placed skylights. The renovation has respected the home’s classic features like ornate moldings and wainscotting while presenting the latest in luxury with bespoke joinery and marble-framed fireplaces.

A culinary dream, the central open-plan living area features a Michelin Star-caliber kitchen equipped with a butler’s pantry, cutting-edge appliances, and a climate-controlled wine cellar catering to 780 bottles. Outdoor terraces extend the living space, featuring a luxurious mosaic-tiled pool, expansive lawns, and a well-equipped kitchenette for alfresco dining, making it a true sanctuary for families looking to entertain.

The Current Climate of the Mosman Property Market

As this prized home goes to auction on March 12, it’s essential to consider the overall state of the Mosman real estate market. Recent trends indicate an upswing in luxury property sales, including records set for other mansions in the area—the most notable, a property that fetched around $40 million and another aiming for a staggering $50 million. This demonstrates a clear demand for high-value homes within the blue-chip suburb.

Potential buyers in this segment are not just investing in properties; they are acquiring lifestyles steeped in leisure, community, and prestige. The charms of Mosman are palpable with its scenic harbor views, vibrant village atmosphere, and access to top-notch schools, which greatly appeals to families and affluent individuals alike.

Exploring the Community Connection

Living in Mosman offers a lifestyle where community connection flourishes. As Jane Freudenstein highlights, “We love the walks, the village atmosphere, and the friendships the region offers. All three of our daughters attended Wenona,” affirming the local schools' high standards and community involvement.

With Cardross being a family home for the Freudensteins, its very essence vibrates with warmth and joy, showcasing how places molded by family gatherings can build strong connections that extend into the wider community. Emphasizing this point helps bridge potential buyers with the values of Mosman living.

What Does This Mean for Aspiring Buyers?

The listing of Cardross is more than just a property sale; it's a snapshot of a buoyant real estate market where family sanctuaries are treasured and sought after. For individuals or families looking to invest in Mosman's prestigious neighborhood, understanding the nuances of homes like Cardross offers a perspective on property values, community, and lifestyle.

Potential buyers should consider the opportunity presented with properties that blend luxury with practicality. Investing in a family home not only provides a roof over one’s head but also a space for lasting memories—an essence captured beautifully by Cardross. As the auction date approaches, interest will undoubtedly increase, making now the time to stay informed about such listings.

For those looking to delve deeper into the property market or explore other options, consider subscribing to Property Newcastle. Stay ahead of the trends, news, and expert advice that can guide significant decisions in this vibrant market.

Join the conversation today and ensure you're equipped with the information necessary to navigate the complexities of real estate.

Property Market Trends

3 Views

0 Comments

Write A Comment

*
*
Related Posts All Posts
02.07.2026

What the $103 Million Sale of Corrimal Village Means for Newcastle's Real Estate Market

Update The Big Deal: Colliers Sells Corrimal Village for $103 Million In a major boost for the Illawarra region, a significant retail asset—the Corrimal Village shopping centre—has been sold for $103 million. This represents the largest non-metro neighbourhood centre sale in Australia since 2021, revealing a robust appetite for retail property, particularly those serving essential needs. Understanding the Significance of the Sale The sale, facilitated by Colliers and executed on behalf of MA Financial, was completed at a solid passing yield of 5.13%. James Wilson, Head of Retail Middle Markets at Colliers, emphasized its importance, stating that it demonstrates the demand for high-quality, daily-needs retail environments. Corrimal Village, conveniently located just six kilometers from Wollongong's city center, is anchored by well-known brands like Woolworths and Dan Murphy's, along with 33 specialty retailers. What Does This Mean for Local Real Estate? This transaction not only illustrates the current health of the property market but also highlights an increasing interest in defensive retail investments. Investors are keen on neighbourhood centres due to their stability and enduring income potential, especially in times of economic uncertainty. The property market in Newcastle, too, has shown resilience, with healthy demand for commercial and residential listings. As local populations grow and areas develop, there’s ongoing opportunity in Newcastle’s real estate market. The Future of Neighbourhood Shopping Centres Looking ahead, the demand for neighbourhood centres like Corrimal Village is expected to remain strong. The centre’s strategic location within a growing population zone further enhances its value proposition. With limited competing retail options and established consumer markets, these types of properties are likely to attract continued investment, paving the way for potential redevelopment and mixed-use opportunities as urban demographics shift. For those observing the property for sale in Newcastle, this trend underscores the importance of strategic investment decisions. As explored, larger neighbourhood retail assets are being favored in the market, indicating a shift toward properties that promise both stability and growth. Whether you're looking to invest in retail properties or residential real estate, staying informed about these dynamics can serve as a critical advantage. Keep an eye on Newcastle’s evolving property landscape, where opportunities may align with this growing interest in quality retail assets.

02.06.2026

Do We Really Want Property Prices to Keep Rising in Australia?

Update Do We Really Want Rising Property Prices? The Australian housing market has long been perceived as a symbol of success—something that homeowners aspire to and investors rely on for stability. However, as property prices continue to skyrocket, an uncomfortable conversation emerges: Do we truly want these prices to keep rising? In exploring this question, we uncover a complex web of social, economic, and political implications that affect every Australian. The Disparity of Wealth in Australia Over the last two decades, the wealth disparity in Australia has gradually widened, and a significant factor is the concentration of property assets among the wealthy. According to a report by The Australia Institute, the richest 10% of Australians have seen their property assets grow by an average of $2.2 million per household. In stark contrast, the bottom half of households received only 7% of this benefit. This disparity is not just a statistic; it has deep-rooted consequences for social cohesion and economic stability as home ownership rapidly becomes unattainable for many Australians. A System Designed for the Affluent As famed demographer Simon Kuestenmacher pointed out, the Australian housing market is engineered for prices to rise, benefiting specific groups: homeowners, investors, and banks. High property values signify wealth and stability for these individuals, enabling them to borrow against equity and invest further. But with each rise in prices, first-time buyers and renters are increasingly marginalized. The question remains: at what cost does this prosperity come? Should we not question a system that rewards the few while disenfranchising the many? A Look at Current Trends in Newcastle Newcastle serves as a microcosm of these national trends. The area has been witnessing ongoing growth in property values, driven by demand for affordable housing options and desirable locations. Right now, a median income individual with a 20% deposit can afford a home costing about $513,000, while the average home price in Newcastle is edging closer to $800,000. This increasing gap significantly impacts the ability of young professionals and families to enter the property market, posing dire implications for the future of the Newcastle community. Future Implications of Rising House Prices If the current trend continues, the gap between income and home values could lead to a generational wealth divide, driving young Australians into debt or forcing them to live with their parents longer. Without intervention, this crisis poses risks to social stability, as people feel disillusioned about home ownership and financial independence. Strategies must be developed to ensure growth in house prices aligns more closely with wage growth, thus allowing gradual and sustainable affordability improvements. Policies for Sustainable Growth While the notion of rising property values has long been ingrained in the Australian psyche, it’s essential to rethink our approach. Policies must be put in place that mitigate excessive price increases and promote a healthier investment landscape. This might include reviewing negative gearing laws, closing tax loopholes that disproportionately favor the wealthy, and fostering effective land-use policies that emphasize affordability. The Role of Consumers in Change Ultimately, consumers play an essential role in shaping the future of the property market. Becoming more informed about market trends, understanding the impacts of policy changes, and advocating for fairer systems can lead to meaningful change. The need for a collective voice is paramount to challenge existing paradigms that favor short-term gain over long-term stability. Call to Action If you’re concerned about the current state of the property market and its implications for your future, subscribe to Property Newcastle today for the latest trends, news, and expert advice delivered straight to your inbox. Stay informed, lead the conversation, and help shape a more equitable property market for all.

02.06.2026

RBA Increases Cash Rate to 3.85%: Implications for Newcastle Property Investors

Update RBA's Rate Hike: What It Means for Newcastle Property Buyers The Reserve Bank of Australia (RBA) has raised the cash rate to 3.85%, setting off alarm bells for homeowners, tenants, and potential property buyers across the country, particularly in Newcastle. This is the first rate increase since November 2023, and it comes as inflation continues to rise, impacting economic stability and household budgets. The Inflation Challenge Facing the RBA Governor Michele Bullock emphasized the potential risks of continuing inflation during a press conference following the rate announcement. The RBA has struggled to keep inflation within its target range of 2-3%. "It's a bit of an art," Bullock stated, acknowledging the complexity of accurately forecasting economic conditions. With inflation recently hitting 3.8%, homeowners must now prepare for a potential new era of elevated borrowing costs. Impacts on Newcastle House Prices and Rental Rates The recent increase in the cash rate means significant changes for the property market in Newcastle. For homeowners, the rise translates into an additional $90 monthly payment for a $600,000 mortgage. This shift challenges many families trying to maintain budgeting stability amid fluctuating costs of living. For prospective buyers, higher borrowing costs may dissuade some from entering the market, thus cooling the once-booming Newcastle property sales. Conversely, rental prices may see a rise as some families pivot from purchasing to renting as a stop-gap during these uncertain times. Current Real Estate Trends in Newcastle The Newcastle real estate market has been resilient amid changing economic landscapes. Reports of competitive bidding at property auctions and an influx of first-time buyers seeking homes indicate that interest remains strong. Investors looking at Newcastle property prices should tread carefully, balancing the potential for increased returns against the risk of decreasing liquidity in high-interest scenarios. Long-Term Predictions for Property Investment Experts predict that the rising rates may lead to a longer-term stabilization in prices rather than abrupt changes. The trajectory of property prices will heavily depend on the RBA’s future decisions regarding interest rates and inflation. should the RBA engage in further hikes, the demand for more affordable property in suburbs around Newcastle may increase. How Can Homebuyers and Investors Navigate This Market? Potential buyers and investors need to adopt a strategic approach in the current climate. Staying informed on the Newcastle property market while utilizing tools such as property valuation methods helps to create sound investment strategies. Engaging with experienced Newcastle real estate agents can provide insights on best-buy neighborhoods and upcoming opportunities, including commercial property Newcastle or investment property options. Emotional Considerations for Homeowners The challenges posed by rising interest rates can stir anxiety among mortgage holders and aspiring buyers alike. It's crucial to balance financial concerns with emotional wellbeing. Homebuyers should not let fear dictate their decisions but instead focus on informed choices that align with long-term goals. Local Impact of National Trends The decisions made by the RBA deeply affect local communities like Newcastle. Understanding how national trends influence regional markets empowers citizens to make informed choices regarding their real estate investments. In these uncertain times, it’s essential for consumers to stay ahead of the curve. For continuous updates and expert analysis on Newcastle’s property landscape, subscribe to Property Newcastle today. Lead the conversation on property and keep informed about your investment decisions!

Terms of Service

Privacy Policy

Core Modal Title

Sorry, no results found

You Might Find These Articles Interesting

T
Please Check Your Email
We Will Be Following Up Shortly
*
*
*