PHOTOS: Jennifer Hawkins and Jake Wall are selling their $20 million trophy home

Model Jennifer Hawkins and her husband Jake Wall are bidding farewell to their Newport mansion.

The new parents of baby daughter Frankie Violet have listed the lavish property which sits in the suburb of Newport, on Sydney's Northern Beaches.

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PHOTOS: Jennifer Hawkins and Jake Wall are selling their $20 million trophy home

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The new parents are making the move in order to be closer to family.

“It’s going to be really sad to say goodbye to this beautiful home and location,” Hawkins told Title Deeds as reported by Domain. “It has been absolutely amazing to live in Newport and this house was perfect for entertaining family and friends being by the water."

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“We really made some amazing memories here but I’m looking forward to designing a house with Jake with a similar aesthetic closer to family.”

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“I’ve always dreamed of living on an acreage by the ocean and now that we’ve just had our daughter Frankie we’d like to live closer to family while she’s young but still close to our work in the city, so we have our eye on Avoca, MacMasters and Wamberal.”