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While it's not known what Karl and Jasmine, 37, paid for their new home, their rental property sold for over $8million.
It will be the second move in as many years for the veteran Today host and his shoe designer wife.
Moving in: According to a report by The Daily Telegraph on Thursday, the couple recently purchased a family home in Castlecrag on the lower North Shore
In March last year, they traded another rental in Mosman for their current home in Castlecrag, before then purchasing in the area.
The median house price for properties in Castlecrag is currently at a $3,295,000 record high, according to realestate.com.au.