Market commentary · Tamarama 2026

Tamarama in 2026. The power of position.

Twenty sales in nine months. Ten houses, ten units. Almost $110 million, in a suburb of barely 0.3 square kilometres.

Tamarama: the small, deep cove between its sculpted headlands, the coastal walk on the cliff, and the Seidler tower above the beach.

20

Sales, Jan–Sep 2026

10 / 10

Houses / units

$109.7m

Total value traded

$7.99m

House median

$2.09m

Unit median

A market read plainly.

Once known as the “place of wild figs”, Tamarama has become one of Sydney’s most elite and tightly held postcodes. Limited land, compressed turnover and steady demand from high-net-worth buyers make it a market where scarcity sets the price. In Tamarama, prestige is not loud. It is assumed.

The 2026 record now runs to the end of September. Twenty sales have been recorded from 24 January to 26 September: ten houses and ten units, for a combined $109.7 million. The house median is $7.99 million. The unit median is $2.09 million.

The headline is how few there are. Twenty sales in nine months, in a suburb this small, is turnover measured in single addresses. Each one matters, and each one moves the record.

Volume, month by month.

The year front-loaded hard. Eighteen of the twenty sales landed by the end of June, and February and March alone produced eleven. Then the market went close to silent: one sale each in May and June, none in July, one in August and one in September. The last two were both houses, and together they were worth $28.2 million.

HousesUnits

Recorded sales by month of sale. January from 24 Jan; September to 26 Sep. Hover or tab to a month for the split.

Every sale, plotted.

Each dot is one sale. Read across for when it traded, up for what it fetched. In Tamarama the line between house and apartment blurs. 9/63 Fletcher Street sold for $8.8 million, more than six of the ten houses. At the other end, two houses on Tamarama Street sold for $3.1 million and $3.2 million, level with the best units. Position, not property type, sets the price.

HouseUnitHouse median $7.99mUnit median $2.09m

$0$5m$10m$15m$20m JanFebMarAprMayJunJulAugSep

Sale price against date of sale, 2026. Dashed lines mark the medians. Tap or hover a dot for the address.

Where the money traded.

Half the units sold under $2 million, and every unit but one sold under $3.2 million. Houses spread from $3.1 million to $20 million. Three houses sold between $8 million and $10 million, one at exactly $10 million, and one above $20 million. The top is thin, and in a market this small, one result can carry a year.

HousesUnits

Quarter by quarter.

Count the sales and the year looks like a slide: twelve, then six, then two. Count the money and it does not. The July–September quarter’s two house sales were worth $28.2 million, more than the six sales of the quarter before. Volume fell. Value held. That is what a scarcity market looks like.

Jan–Mar

12

sales · $53.6m traded

Houses
6 · $41m
Units
6 · $12.6m

Apr–Jun

6

sales · $27.9m traded

Houses
2 · $13.2m
Units
4 · $14.7m

Jul–Sep to 26 Sep

2

sales · $28.2m traded

Houses
2 · $28.2m
Units
0 · –

The top of the market.

9 Kenneth Street sold for $20,025,000 on 26 September, the year’s top result and 18 per cent of everything traded in 2026. The four highest sales together account for 44 per cent of the year’s value. On the apartment side, 9/63 Fletcher Street at $8.8 million sits in a tier of its own.

Highest house

$20,025,000

9 Kenneth Street

House · 26 September 2026

Second house

$10,000,000

89 Fletcher Street

House · 24 January 2026

Third house

$9,400,000

19 Dellview Street

House · 10 March 2026

Highest unit

$8,800,000

9/63 Fletcher Street

Unit · 16 April 2026

Second unit

$3,150,000

3/4 Silva Street

Unit · 3 March 2026

Third unit

$2,840,000

1/17 Alexander Street

Unit · 13 February 2026

The streets that traded.

Sales came from just ten streets. Fletcher Street is the market: six of the twenty sales, four houses and two units, worth $43 million, close to 40 per cent of the year’s value. Silva Street follows with three, all units. Five streets recorded a single sale.

HousesUnits

Fletcher Street
6$42.96m
Silva Street
3$5.91m
Illawong Avenue
2$10.39m
Tamarama Street
2$6.30m
Carlisle Street
2$3.77m
Kenneth Street
1$20.03m
Dellview Street
1$9.40m
Birrell Street
1$6.30m
Alexander Street
1$2.84m
Gaerloch Avenue
1$1.78m

Every street with a recorded sale in 2026, with the total value traded on each.

The 2026 ledger.

Every recorded sale, January to September. Filter by type, or sort by date or price.

20 sales

Address Type
24 Jan89 Fletcher StreetHouse$10,000,000
6 Feb22 Tamarama StreetHouse$3,200,000
13 Feb1/17 Alexander StreetUnit$2,840,000
13 Feb4/25 Carlisle StreetUnit$1,070,000
16 Feb20 Tamarama StreetHouse$3,100,000
23 Feb4/35 Fletcher StreetUnit$1,960,000
3 Mar3/4 Silva StreetUnit$3,150,000
10 Mar19 Dellview StreetHouse$9,400,000
12 Mar364 Birrell StreetHouse$6,300,000
20 Mar21 Fletcher StreetHouse$9,000,000
24 Mar5/21 Illawong AvenueUnit$2,210,000
26 Mar2/1 Silva StreetUnit$1,381,000
2 Apr37 Fletcher StreetHouse$5,400,000
7 Apr14/1 Silva StreetUnitStandard$1,375,000
16 Apr9/63 Fletcher StreetUnit$8,800,000
29 Apr13 Fletcher StreetHouse$7,800,000
11 May5/17 Gaerloch AvenueUnit$1,780,000
6 Jun4/17 Carlisle StreetUnit$2,700,000
27 Aug16 Illawong AvenueHouse$8,175,000
26 Sep9 Kenneth StreetHouse$20,025,000

2025 set the ceiling.

For context, 2025 saw an estimated 43 sales and more than $203 million change hands, with six results above $11 million. The suburb’s house record remains $45 million, ‘Lang Syne’ on Gaerloch Avenue in 2023, an eastern beaches record.

2 Mirimar Avenue · house · Dec 2025

$20,500,000

The year’s leading result, on one of the suburb’s smallest and most tightly held streets. It last traded at $12.5 million in 2018. Price withheld on public portals; recorded in industry sales data.

10 Carlisle Street · 612sqm site · Mar 2025

$20,100,000

Traded as a nine-unit block for $15 million in 2021. The land and the position, not the improvements, carry the value. Recorded in industry sales data.

1/22 Gaerloch Avenue · house · 2025

$15,000,000

Elevated above the cove on the street that holds the suburb’s record.

283 Birrell Street · house · Oct 2025

$14,500,000

On the ridge line at Tamarama’s boundary, with views back across the gully to the ocean.

27 Carlisle Street · house · Sep 2025

$12,350,000

‘The Carlisle’ by Penman Brown, a four-storey architectural home with pathway access to the sand. Design pedigree still moves a Tamarama price beyond what position alone achieves.

1A Ashley Street · house · Oct 2025

$11,750,000

On the high ground between Tamarama and Bronte. The sixth sale of 2025 above $11 million.

2026 has already produced a result at that level. 9 Kenneth Street, at just over $20 million, sits just below the two 2025 leaders.

My view.

Tamarama is one of the purest scarcity markets in Sydney. There is very little land, very little turnover and very little chance of replicating what already exists. The best homes here do not behave like ordinary property. They behave like rare assets.

The 2026 numbers say it plainly. Twenty sales, ten streets, and nearly 40 per cent of the money on one of them. When a market goes quiet for a quarter and still trades $28 million on two sales, the buyers have not gone anywhere. They are waiting for the right address.

For owners, Tamarama rewards patience and precision. For buyers, it requires readiness. The best opportunities are often contested quietly, and in many cases before the broader market sees them.

Tamarama is no longer a secret. It is a statement.

Entering or exiting the Tamarama market? With twenty sales in nine months, timing, representation and strategy are everything.

Request an appraisal

Methodology. Tamarama is postcode 2026. The 2026 figures are calculated from a property export of 20 recorded Tamarama sales dated 24 January to 26 September 2026 (export dated 2 October 2026). Houses and units are as classified in the export. Medians, totals, price bands, quarterly figures and street counts are calculated directly from that file. A recorded-sales export may not capture every transaction, particularly recent or price-withheld sales, so volumes should be read as a minimum. The 2025 figures (an estimated 43 sales above $203 million) and the 2025 results are drawn from recorded sales data, public sold records and industry sales data; 2 Mirimar Avenue and 10 Carlisle Street were price-withheld on public portals, and those figures reflect industry data. The suburb house record ($45 million, 31 Gaerloch Avenue, 2023) is as reported by Domain. Sales data is indicative, not a valuation. Past results are not a guarantee of future outcomes.