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.