Property investors who have had real estate in Mascot, 2020 should be pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 13.22%
Mascot,2020 has offered an average of 13.22% return per annum in house price rises to property investors over the last three years.
Mascot, 2020 is offering NSW ‘s 896th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this NSW.
Situated 7.04km from the CBD, Mascot is one of Rockdale localities in the postcode 2020.
If you compare the increase in value of investment property in Mascot, 2020 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was -2.86%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Mascot has increased when compared to the 5 year average annual rate.
At number 358th of NSW’s most discounted properties, Mascot is in the TOP 30% of the state/territory when listing in order of most discounted to least.
Using the current median advertised rental of $590 and the average annual increase in value of a median property of 7.04%, investors should hope to achieve an overall return of 3.61%