Officers were called to Awaba Street in Mosman at 11pm last night after reports a 16-year old was stabbed in the thigh at a house.

He alleged he had been stabbed by two men who then fled.

He treated by NSW Ambulance paramedics before being taken to hospital in a stable condition.

A crime scene was established, and investigations commenced into the circumstances surrounding the incident.

Following inquiries, police arrested two men – aged 18 and 20 – at the scene.

They were taken to Chatswood Police Station.

The younger man has now been charged with armed with intent commit indictable offence, affray, common assault and stalk / intimidate intent fear physical harm.

The older man was charged with wound person with intent to cause grievous bodily harm and affray.

They have been refused bail to appear before Parramatta Local Court today.

Houses on the street sell for up to $9.4m.