Mascot

Mascot lies within the top 10% of areas nationally in terms of population growth performance according to AreaSearch analysis of short and medium-term trends

Based on AreaSearch's analysis, Mascot's population is around 23,038 as of Feb 2026. This reflects an increase of 1,465 people (6.8%) since the 2021 Census, which reported a population of 21,573 people. The change is inferred from the estimated resident population of 23,008 from the ABS as of June 2024 and an additional 41 validated new addresses since the Census date. This population level equates to a density ratio of 7,553 persons per square kilometer, which lies in the top 10% of national locations assessed by AreaSearch, making land in the area a highly sought resource. Over the past decade, Mascot has demonstrated resilient growth patterns with a 6.0% compound annual growth rate, outpacing the SA3 area. Population growth for the area was primarily driven by overseas migration, which contributed approximately 75.8% of overall population gains during recent periods.

AreaSearch adopts ABS/Geoscience Australia projections for each SA2 area, as released in 2024 with 2022 as the base year. For any SA2 areas not covered by this data, AreaSearch utilizes the NSW State Government's SA2 level projections, as released in 2022 with 2021 as the base year. Growth rates by age group from these aggregations are also applied to all areas for years 2032 to 2041. Looking at population projections moving forward, an above-median population growth of statistical areas across the nation is projected, with the area expected to expand by 5,734 persons to 2041 based on the latest annual ERP population numbers, reflecting an increase of 24.8% in total over the 17 years.

AreaSearch analysis of residential development drivers sees Mascot recording a relatively average level of approval activity when compared to local markets analysed countrywide

Mascot has recorded around 42 residential properties granted approval annually, with 210 homes approved over the past 5 financial years (between FY-21 and FY-25) and 110 so far in FY-26. With an average of 17.1 people per year moving to the area for each dwelling built over the past 5 financial years (between FY-21 and FY-25), demand is significantly outpacing supply, which typically puts upward pressure on prices and increases competition among buyers, while new homes are being built at an average construction cost of $171,000€€—below the regional average€€—suggesting more affordable housing options for buyers. Additionally, $73.4 million in commercial development approvals have been recorded this financial year, indicating strong commercial development momentum.

Compared to Greater Sydney, Mascot has significantly less development activity (77.0% below regional average per person). This constrained new construction usually reinforces demand and pricing for existing dwellings. This activity is likewise lower than nationally, reflecting market maturity and pointing to possible development constraints. New building activity shows 46.0% detached houses and 54.0% medium and high-density housing. This skew toward compact living offers affordable entry pathways and attracts downsizers, investors, and first-time purchasers. Interestingly, developers are building more traditional houses than the current mix suggests (21.0% at Census), indicating continued strong demand for family homes despite density pressures. With around 1487 people per dwelling approval, Mascot reflects a highly mature market.

Population forecasts indicate Mascot will gain 5,704 residents through to 2041 (from the latest AreaSearch quarterly estimate). At current development rates, housing supply may struggle to match population growth, potentially heightening buyer competition and supporting price increases.

Mascot has strong levels of nearby infrastructure activity, ranking in the top 30% nationally

Nothing can influence an area's performance as much as changes to local infrastructure, major projects, and planning initiatives. In total, 35 projects have been identified by AreaSearch that are likely to have an impact on the area. Key projects include 350 King Street Business Park Development, 263-273 Coward Street Multi-Level Warehouse Development, 2 Bourke Street Mixed Use Development, and Mascot Station Town Centre Precinct, with the list below detailing those likely to be of most relevance.

Professional plan users can use the search below to filter and access additional projects.

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AreaSearch assessment positions Mascot ahead of most Australian regions for employment performance

Mascot features a highly educated workforce, with professional services showing strong representation and an unemployment rate of only 3.1%. As of December 2025, 13,924 residents are in work, while the unemployment rate is 1.1% below Greater Sydney's rate of 4.2%, and workforce participation is broadly similar to Greater Sydney's 70.2%. Based on Census responses, a high 42.9% of residents were found to work from home, though Covid-19 lockdown impacts should be considered.

Employment among residents is concentrated in professional & technical, accommodation & food, and retail trade. The area has a particular employment specialization in accommodation & food, with an employment share 1.9 times the regional level. Conversely, health care & social assistance shows lower representation at 8.9% versus the regional average of 14.1%. The ratio of 0.9 workers for each resident, as at the Census, indicates substantial local employment opportunities.

Based on AreaSearch analysis of SALM and ABS data, over the 12 months to December 2025, labour force levels decreased by 0.5% alongside a 0.9% employment decline, causing the unemployment rate to rise by 0.4 percentage points. In contrast, Greater Sydney experienced employment growth of 2.2% and labour force growth of 2.3%, with a marginal rise. Jobs and Skills Australia's national employment forecasts from May-25 can offer further insight into potential future demand within Mascot. These projections, covering five and ten-year periods, have been mapped against the local employment profile to estimate growth patterns. While national employment is forecast to expand by 6.6% over five years and 13.7% over ten years, growth rates differ significantly between industry sectors. Applying these industry-specific projections to Mascot's employment mix suggests local employment should increase by 6.7% over five years and 13.4% over ten years (please note this is a simple weighting extrapolation for illustrative purposes and does not take into account localised population projections).

Income analysis reveals strong economic positioning, with the area outperforming 60% of locations assessed nationally by AreaSearch

As per AreaSearch's latest postcode level ATO data released for FY-23, the Mascot SA2's median income among taxpayers is $56,034, with an average of $67,579. This is in line with national averages, and compares to Greater Sydney's median of $60,817 and average of $83,003. Based on Wage Price Index growth of 8.86% since FY-23, current estimates would be approximately $60,999 (median) and $73,566 (average) as of September 2025. Census 2021 income data shows household, family and personal incomes all rank highly in Mascot, between the 78th and 81st percentiles nationally. Income analysis reveals the largest segment comprises 35.4% earning $1,500 - 2,999 weekly (8,155 residents), mirroring the metropolitan region where 30.9% occupy this bracket. The substantial proportion of high earners (33.5% above $3,000/week) indicates strong economic capacity throughout the suburb. High housing costs consume 22.2% of income, though strong earnings still place disposable income at the 71st percentile and the area's SEIFA income ranking places it in the 8th decile.

Mascot features a more urban dwelling mix with significant apartment living, with a higher proportion of rental properties than the broader region

Dwelling structure within Mascot, as evaluated at the latest Census, comprised 21.1% houses and 79.0% other dwellings (semi-detached, apartments, 'other' dwellings), in comparison to Sydney metro's 55.9% houses and 44.1% other dwellings. Meanwhile, the level of home ownership within Mascot lagged that of Sydney metro, at 16.6%, with the remainder of dwellings either mortgaged (25.1%) or rented (58.3%). The median monthly mortgage repayment in the area was above the Sydney metro average at $2,600, while the median weekly rent figure was recorded at $600, compared to Sydney metro's $2,427 and $470. Nationally, Mascot's mortgage repayments are significantly higher than the Australian average of $1,863, while rents are substantially above the national figure of $375.

Mascot features high concentrations of group households, with a lower-than-average median household size

Family households dominate at 65.4% of all households, comprising 23.8% couples with children, 31.8% couples without children, and 6.8% single parent families. Non-family households make up the remaining 34.6%, with lone person households at 21.7% and group households comprising 12.9% of the total. The median household size of 2.5 people is smaller than the Greater Sydney average of 2.7.

Mascot performs slightly above the national average for education, showing competitive qualification levels and steady academic outcomes

Educational attainment in Mascot significantly surpasses broader benchmarks, with 48.7% of residents aged 15+ holding university qualifications compared to 30.4% in Australia and 32.2% in NSW. This substantial educational advantage positions the area strongly for knowledge-based opportunities. Bachelor degrees lead at 32.1%, followed by postgraduate qualifications (14.9%) and graduate diplomas (1.7%). Trade and technical skills feature prominently, with 25.1% of residents aged 15+ holding vocational credentials, including advanced diplomas (12.9%) and certificates (12.2%).

Educational participation is notably high, with 33.4% of residents currently enrolled in formal education. This includes 11.8% in tertiary education, 5.2% in primary education, and 3.7% pursuing secondary education.

Transport servicing is high compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

Public transport analysis reveals 66 active transport stops operating within Mascot, comprising a mix of trains and buses. These stops are serviced by 25 individual routes, collectively providing 10,703 weekly passenger trips. Transport accessibility is rated as excellent, with residents typically located 137 meters from the nearest transport stop. As a primarily residential area, most residents commute outward; the car remains the dominant mode at 50%, with 26% by train and 10% by bus. Vehicle ownership averages 0.7 per dwelling, which is below the regional average. A high 42.9% of residents work from home (2021 Census; may reflect COVID-19 conditions).

Service frequency averages 1,529 trips per day across all routes, equating to approximately 162 weekly trips per individual stop.

Mascot's residents boast exceedingly positive health performance metrics with very low prevalence of common health conditions across all age groups

Health outcomes data demonstrates outstanding results across Mascot, based on AreaSearch's assessment of mortality rates and chronic condition prevalence. There is a very low prevalence of common health conditions across all age groups, and the rate of private health cover leads the average SA2 area at approximately 53% of the total population (~12,117 people), compared to 59.9% across Greater Sydney.

The most common medical conditions in the area were found to be asthma and mental health issues, impacting 4.7% and 4.3% of residents, respectively, while 84.4% declared themselves as completely clear of medical ailments compared to 74.6% across Greater Sydney. The area has 8.3% of residents aged 65 and over (1,919 people), which is lower than the 15.4% in Greater Sydney. Health outcomes among seniors are particularly strong, with national rankings broadly in line with the general population.

Mascot is among the most culturally diverse areas in the country based on AreaSearch assessment of a range of language and cultural background related metrics

Mascot is among the most culturally diverse areas in the country, with 59.7% of its population speaking a language other than English at home and 63.0% born overseas. The main religion in Mascot is Christianity, which makes up 44.0% of people in Mascot. However, the most apparent overrepresentation is in Buddhism, which comprises 9.1% of the population, substantially higher than the Greater Sydney average of 4.1%.

In terms of ancestry (country of birth of parents), the top three represented groups in Mascot are Other, comprising 25.3% of the population, which is substantially higher than the regional average of 16.0%, Chinese, comprising 22.5% of the population, which is substantially higher than the regional average of 8.4%, and English, comprising 11.1% of the population, which is notably lower than the regional average of 19.0%. Additionally, there are notable divergences in the representation of certain other ethnic groups: Spanish is notably overrepresented at 1.1% of Mascot (vs 0.6% regionally), Greek at 3.3% (vs 1.9%) and Korean at 0.9% (vs 1.1%).

Mascot hosts a very young demographic, ranking in the bottom 10% of areas nationwide

At 30 years, Mascot's median age is materially younger than the Greater Sydney average of 37 and is substantially under the Australian median of 38. Relative to Greater Sydney, Mascot has a higher concentration of 25 - 34 residents (33.3%) but fewer 5 - 14 year-olds (6.6%). This 25 - 34 concentration is well above the national 14.4%. Post-2021 Census data shows the 35 to 44 age group has grown from 15.1% to 17.4% of the population. Conversely, the 15 to 24 cohort has declined from 16.6% to 14.4%. Demographic modeling suggests Mascot's age profile will evolve significantly by 2041. The 15 to 24 age cohort is projected to grow steadily, expanding by 1,505 people (45%) from 3,317 to 4,823. Conversely, numbers in the 35 to 44 age range are expected to fall by 397.