Suburb Profile Report for Mascot NSW (2020)

Mascot House: Median price $1,283,750, Annual capital growth 9.06%, Number of sales 69, Weekly median advertised rent $700

Mascot Unit: Median price $825,000, Annual capital growth 6.78%, Number of sales 185, Weekly median advertised rent $580

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

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 12.86%

While Mascot,2020 ranked number 321th in NSW for increase in median house value (annualised) increase, it is ranked 212th over the last 5 years.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Mascot, 2020. Typically our figures indicate that -4.09% is being offered, which puts this NSW suburb at 3134th most discounted overall in Australia.

Residents and property investors in Mascot have been waiting around 108.1 days to sell a property.

With the median price for a house in Mascot being $1283750 and the advertised rent reaching $700 the gross rental yield for property investors calculates out to be 2.84%

Property value increases in Mascot have tracked lower than the NSW average of 6.92% over the last 12 months.

When looking at the potential capital gains offered to property investors over the last 3 years, Mascot comes in at number 285th in NSW.

The most recent median price for Mascot is $825000, with sellers offering an average of -2.98% off the asking price.

On average over the past year, suburb has had 15.42 sales per month, which equates to 185 per year.

Renters in Suburb are facing rents around $6960 per annum or $580 every week.

YIP MAG Information supplied by:

YIP MAG
April 2016

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Despite house prices in Sydney’s inner south suburb of Mascot pushing past seven figures, that doesn’t seem to have scared away buyers.Full summary Despite house prices in Sydney’s inner south suburb of Mascot pushing past seven figures, that doesn’t seem to have scared away buyers.

The median house price in the suburb has increased by 60% of the past five years and now sits at $1.19 million, but houses are still spending an average of 27 days on the market.

Vendors do seem to be willing to accommodate buyers though, with an average discount of 8% currently on offer.

Some of that discount may be a result of Mascot’s proximity to the Charles Kingsford Smith airport and associated flight-path issues, however the schooling options and public transport links provide some positives for the suburb.

The strong period of capital growth has had an impact on rental returns though, with the median weekly rent of $680 only providing landlords with a yield of 3%.Close
HOUSE UNIT
$1,283,750 $825,000
3.44% -4.15%
12.86% -7.20%
9.06% 6.78%
$700 $580
69 185
2.84% 3.66%
108.1 50.28

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
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Demographics
Total population 10178
Median household income ($/weekly) 1483
Median age of persons 35
Median housing loan repayment ($/monthly) 2600
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 986 9.7
    25-34 years 2079 20.4
    35-44 years 1624 16.0
    45-54 years 1342 13.2
    55-64 years 945 9.3
    Others 3202 31.5
    Age Group
    Census Count Percent(%)
    Registered Married 3667 46.2
    Not Married 3518 44.3
    Defacto Relationship 749 9.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 4921 51.3
    Croatia 530 5.5
    Iraq 441 4.6
    Philippines 268 2.8
    Other 1088 11.3
    Others 2339 24.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 451 4.8
    Christianity 6434 68.4
    Hinduism 241 2.6
    Islam 650 6.9
    No Religion 1503 16.0
    Others 133 1.4
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 290 8.7
    $1,250-$1,499 278 8.4
    $1,500-$1,999 457 13.8
    $2,000-$2,499 352 10.6
    $2,500-$2,999 319 9.6
    Others 1625 48.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3768 46.6
    Not in the labour force 2453 30.4
    Employed, worked part-time 1268 15.7
    Employed, away from work 326 4.0
    Unemployed, looking for work 263 3.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 620 11.6
    Professionals 1194 22.3
    Technicians & trades workers 691 12.9
    Community & personal service workers 528 9.8
    Clerical & administrative workers 959 17.9
    Others 1372 25.6
    Occupation
    Census Count Percent(%)
    Pre-school 120 5.5
    Infants/Primary 621 28.7
    Secondary 520 24.0
    Technical or Further Educational Institution 241 11.1
    University or other Tertiary Institutions 582 26.9
    Others 83 3.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4855 50.6
    Flat, unit or apartment 3488 36.4
    Semi-detached, row or terrace house, townhouse 1227 12.8
    House or flat attached to a shop, office 20 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1344 37.5
    Rented 1202 33.5
    Fully owned 1029 28.7
    Other tenure type 12 0.3
    Tenure Type
Census 2011, ABS
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