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

As of May 2026, the estimated population of the suburb of Mascot is around 22,887. This figure represents an increase of 1,296 people since the 2021 Census, which recorded a population of 21,591. The latest estimate by AreaSearch, based on examination of the ABS's ERP data release from June 2025 and address validation since the Census date, is 22,882 residents. This results in a population density ratio of approximately 1,900 persons per square kilometer, higher than the average across national locations assessed by AreaSearch. Over the past decade, Mascot has shown resilient growth patterns with a compound annual growth rate of 5.0%, outperforming the SA3 area. Overseas migration contributed about 76.0% to overall population gains during recent periods.

AreaSearch uses ABS/Geoscience Australia projections for each SA2 area, released in 2024 with 2022 as the base year. For areas not covered by this data, NSW State Government's SA2 level projections from 2022 with a 2021 base year are utilized. Growth rates by age group are applied to all areas for years 2032 to 2041. According to aggregated SA2-level projections, Mascot is expected to experience above median population growth, increasing by 4,925 persons to reach a total of 27,812 by the year 2041, reflecting an overall increase of 21.5% over the 16-year period.

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

AreaSearch analysis of ABS building approval numbers indicates Mascot had approximately 42 dwelling approvals per year over the past five financial years, totalling around 210 homes. In FY-26 so far, there have been 114 approvals. This results in an average of about 17 people moving to the area for each dwelling built between FY-21 and FY-25, suggesting supply is lagging behind demand. New homes are being constructed at an average expected cost of $592,000, indicating a focus on premium properties.

Commercial development approvals this financial year totalled $73.4 million, showing high local commercial activity. Compared to Greater Sydney, Mascot has significantly lower building activity, which is 78.0% below the regional average per person. This constrained new construction typically reinforces demand and pricing for existing homes, with activity also under the national average, suggesting an established area potentially limited by planning restrictions. New building activity in Mascot comprises approximately 47.0% standalone homes and 53.0% medium to high-density housing, appealing to downsizers, investors, and entry-level buyers despite ongoing robust demand for family homes. With around 1487 people per dwelling approval, Mascot reflects a highly mature market. According to the latest AreaSearch quarterly estimate, Mascot is projected to add approximately 4920 residents by 2041.

If current construction levels persist, housing supply may lag population growth, potentially intensifying buyer competition and supporting price growth.

Mascot has very high levels of nearby infrastructure activity, ranking in the top 10% nationally

The performance of an area can significantly be influenced by changes in local infrastructure, major projects, and planning initiatives. AreaSearch has identified a total of seventy-seven projects likely to impact the area. Notable projects include the 350 King Street Business Park Development, the 263-273 Coward Street Multi-Level Warehouse Development, the 2 Bourke Street Mixed Use Development, and the Mascot Station Town Centre Precinct. The following list details those projects likely to be most relevant.

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

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Employment performance in Mascot exceeds national averages across key labour market indicators

Mascot's workforce comprises highly educated professionals with a strong representation in services. The unemployment rate is 3.1%, as per AreaSearch's aggregation of statistical area data. As of December 2025, 13,924 residents are employed, with an unemployment rate of 1.1% lower than Greater Sydney's 4.2%.

Workforce participation stands at 70.9%, comparable to Greater Sydney's 68.8%. Census responses indicate that 42.9% of residents work from home, potentially influenced by Covid-19 lockdowns. The leading employment industries are professional & technical, accommodation & food, and retail trade. Mascot shows significant specialization in accommodation & food, with an employment share 1.9 times the regional level.

Conversely, health care & social assistance has lower representation at 8.9%, compared to the regional average of 14.1%. The area hosts 1.4 workers per resident, functioning as an employment hub attracting workers from surrounding regions. Between December 2024 and November 2025, Mascot's labour force decreased by 0.5% alongside a 0.9% employment decline, resulting in a 0.4 percentage point rise in unemployment rate. This contrasts with Greater Sydney, where employment rose by 2.2%, the labour force grew by 2.3%, and unemployment increased marginally. Jobs and Skills Australia's national employment forecasts from May-25 project overall employment growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Mascot's employment mix suggests local employment should increase by 6.7% over five years and 13.4% over ten years, based on a simple weighting extrapolation for illustrative purposes.

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

AreaSearch's latest postcode level ATO data for financial year ending June 30, 2023 shows median income in Mascot is $52,910 and average income is $65,901. This compares to Greater Sydney's median income of $60,817 and average income of $83,003. By March 2026, estimates suggest median income will be approximately $58,370 and average income $72,702, based on Wage Price Index growth of 10.32% since June 2023. Mascot's incomes rank highly nationally, between the 78th and 81st percentiles according to 2021 Census figures. Income distribution shows 35.4% of residents earn between $1,500 - 2,999 weekly (8,101 people), mirroring broader area trends where 30.9% fall into this bracket. Notably, 33.5% earn above $3,000 weekly. High housing costs consume 22.2% of income, but strong earnings place disposable income at the 72nd percentile nationally. Mascot's SEIFA income ranking places it in the 9th decile.

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

Mascot's dwelling structure, as per the latest Census, consisted of 21.1% houses and 78.9% other dwellings (semi-detached, apartments, 'other' dwellings). In comparison, Sydney metro had 55.9% houses and 44.1% other dwellings. Home ownership in Mascot was at 16.6%, with mortgaged dwellings at 25.1% and rented ones at 58.2%. The median monthly mortgage repayment was $2,600, higher than Sydney metro's average of $2,427. The median weekly rent in Mascot was $600, compared to Sydney metro's $470. Nationally, Mascot's mortgage repayments were significantly higher than the Australian average of $1,863, and rents were substantially above the national figure of $375.

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

Family households account for 65.3% of all households, including 23.8% couples with children, 31.9% couples without children, and 6.8% single parent families. Non-family households make up the remaining 34.7%, with lone person households at 21.7% and group households comprising 12.9%. The median household size is 2.5 people, which 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

Mascot's educational attainment is notably high. Among residents aged 15+, 48.7% have university qualifications, exceeding Australia's national average of 30.4% and New South Wales' rate of 32.2%. This educational advantage is evident in various qualifications: bachelor degrees at 32.1%, postgraduate qualifications at 14.9%, and graduate diplomas at 1.7%. Vocational credentials are also prevalent, with 25.1% of residents holding such qualifications, including advanced diplomas (12.9%) and certificates (12.2%).

Educational participation is high in Mascot, with 33.5% of residents currently enrolled in formal education. This includes tertiary education (11.8%), primary education (5.2%), and secondary education (3.7%).

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

Mascot has 81 active public transport stops, serving a mix of train and bus routes. These are covered by 25 individual routes, offering 12,840 weekly passenger trips in total. Transport accessibility is high, with residents typically living 137 meters from the nearest stop. Most residents commute outward daily. Cars remain the dominant mode at 50%, followed by train at 26% and bus at 10%. Vehicle ownership averages 0.7 per dwelling, below regional norms.

According to the 2021 Census, 42.9% of residents work from home, possibly due to COVID-19 conditions. Service frequency averages 1,834 trips per day across all routes, translating to approximately 158 weekly trips per stop.

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

Mascot's health outcomes data shows excellent results based on AreaSearch's assessment of mortality rates and chronic condition prevalence. The area has a very low prevalence of common health conditions across all age groups.

Mascot's private health cover rate is approximately 53% of its total population (~12,130 people), leading the average SA2 area rate but trailing Greater Sydney's 59.9%. Asthma and mental health issues are the most prevalent medical conditions in Mascot, affecting 4.7% and 4.3% of residents respectively. A higher proportion of Mascot residents, 84.4%, report being completely clear of medical ailments compared to Greater Sydney's 74.6%. Mascot has a lower percentage of residents aged 65 and over at 8.2% (1,876 people) compared to Greater Sydney's 15.5%. Despite this, health outcomes among seniors in Mascot are strong and align with national rankings for 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 has one of the highest language diversity in Australia, with 59.7% of its residents speaking a non-English language at home. Born overseas constitutes 63.0% of Mascot's population. Christianity is the predominant religion, accounting for 43.9%.

Buddhism stands out with 9.1%, significantly higher than Greater Sydney's average of 4.1%. In terms of ancestry, 'Other' tops at 25.3%, substantially higher than the regional average of 16.0%. Chinese ancestry is also high at 22.5% compared to the region's 8.4%. English ancestry stands out at 11.0%, notably lower than the regional average of 19.0%. Notably, Spanish (1.1%), Greek (3.3%), and Korean (0.9%) ethnicities are overrepresented in Mascot relative to their regional averages.

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 Greater Sydney's average of 37 and is substantially under Australia's median of 38. Relative to Greater Sydney, Mascot has a higher concentration of residents aged 25-34 (34.2%) but fewer residents aged 5-14 (6.6%). This 25-34 concentration is well above the national average of 14.6%. Post-2021 Census data shows that from June 2021 to June 2022, the 35 to 44 age group grew from 15.1% to 17.5% of Mascot's population. Conversely, the 15 to 24 cohort declined from 16.6% to 14.3%. Demographic modeling suggests that by 2041, Mascot's age profile will evolve significantly. The 15 to 24 age cohort is projected to grow steadily, expanding by 1,380 people (42%) from 3,272 to 4,653. Conversely, numbers in the 35 to 44 age range are expected to fall by 483.