Suburb Profile Report for Mascot NSW (2020)

Mascot House: Median price $1,262,500, Annual capital growth 7.67%, Number of sales 67, Weekly median advertised rent $750

Mascot Unit: Median price $880,000, Annual capital growth 6.94%, Number of sales 271, Weekly median advertised rent $700

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

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • Expert Report
  • House Report
  • Unit Report

Property investors who have had real estate in Mascot, 2020 should be relatively unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -7.85%

Mascot,2020 was ranked 3220 in Australia by increase in median property value over the quarter.

Sellers are offering property buyers an average discount of -8.12% to buyers in Mascot at the moment, which is less than average for the rest of NSW.

Residents and property investors in Mascot have been waiting around 107.185 days to sell a property.

Mascot, 2020’s gross rental yield is 3.09%

Giving property investors a an average capital gain of -4.03% for the last year, Mascot, 2020 is the 886th highest performer in Australia in this respect.

While Mascot,2020 ranked number 161th in NSW for increase in median house value (annualised) increase, it is ranked 60th over the last 5 years.

Sellers are offering property buyers an average discount of -5.07% to buyers in Mascot at the moment, which is less than average for the rest of NSW.

Using the current median advertised rental of $700 and the average annual increase in value of a median property of 6.94%, investors should hope to achieve an overall return of 4.14%

Information supplied by:


May 2017

M
O

W
E

Airport’s home gets a shock from new stock

Median unit price: $845,000

Stock on market: 160%

12-month growth: -6.11%

The home of the Sydney Airport, the suburb of Mascot saw its stock of apartments skyrocket over the past 12 months. 

This sharp spike in supply has caused unit prices to drop by 6% following a consistent trend of positive growth up until the past year. Nonetheless, Mascot looks to be recovering from the shock as the February 2017 quarter figures suggested that unit values were on their way up once more. 

Demand in Mascot is definitely spurred by its role as an administrative centre of the Bayside Council. Moreover, this suburb is only 7km away from the Sydney CBD. As a result, the median apartment price remains steep at $845,000.

There is a shopping centre on Botany Road, and the local railway station is undergoing redevelopment to further maximise the space for commercial and residential purposes.


 
Metrics i HOUSE UNIT
$1,262,500 $880,000
-2.88% 0.00%
-7.85% -4.03%
7.67% 6.94%
$750 $700
67 271
3.09% 4.14%
107.185185185185 95.4565217391304

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Balanced (H), Balanced (U)
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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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