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 ABS population updates and AreaSearch validation, the Mascot statistical area's population is estimated at around 23,053 as of Nov 2025. This reflects an increase of 1,462 people (6.8%) since the 2021 Census, which reported a population of 21,591 people. The change is inferred from AreaSearch's estimated resident population of 23,031 following examination of ABS's latest ERP data release in June 2024 and an additional 36 validated new addresses since the Census date. This level of population equates to a density ratio of 1,914 persons per square kilometer, above the average seen across national locations assessed by AreaSearch. Over the past decade, Mascot has demonstrated resilient growth patterns with a compound annual growth rate of 6.0%, outpacing the SA3 area. Population growth was primarily driven by overseas migration contributing approximately 76.0% of overall population gains during recent periods.

AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022. For areas not covered by this data, AreaSearch utilises NSW State Government's SA2 level projections released in 2022 with a base year of 2021. Growth rates by age group from these aggregations are applied to all areas for years 2032 to 2041. Based on aggregated SA2-level projections, an above median population growth is projected for the Mascot (SA2), expected to increase by 5,734 persons to 2041, reflecting a total increase of 24.7% 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

AreaSearch analysis of ABS building approval numbers in Mascot shows approximately 42 dwelling approvals per year over the past five financial years ending June 30, totalling around 210 homes. In the current financial year FY-26, up to July, there have been 110 approvals recorded. This results in an average of 17.1 people moving to Mascot annually for each dwelling built between FY-21 and FY-25, indicating significant demand outstripping supply. The average construction cost value for new homes is approximately $592,000, suggesting a focus on premium properties by developers.

Commercial development approvals in FY-26 amount to $73.4 million, reflecting high local commercial activity. Comparatively, Mascot's building activity is 77.0% below the Greater Sydney average per person and also under the national average, indicating an established area with potential planning limitations. New construction comprises 47.0% standalone homes and 53.0% medium to high-density housing, offering accessible entry options for downsizers, investors, and first-time buyers while maintaining demand for family homes. Mascot's population density is around 1485 people per dwelling approval, reflecting a highly mature market. Future projections estimate Mascot's population to grow by approximately 5,692 residents by 2041, potentially leading to housing supply lagging behind population growth if current construction levels persist, which could intensify buyer competition and support price growth.

Future projections show Mascot adding 5,692 residents by 2041 (from the latest AreaSearch quarterly estimate). Should current construction levels persist, housing supply could lag population growth, likely intensifying buyer competition and underpinning price growth.

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

Changes to local infrastructure significantly impact an area's performance. AreaSearch has identified 78 projects likely affecting the region. Notable initiatives include the 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. The following list details projects most relevant to the area.

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

Denotes AI-based impression for illustrative purposes only, not to be taken as definitive under any circumstances. Please follow links and conduct other investigations from the project's source for actual imagery. Developers and project owners wishing us to use original imagery please Contact Us and we will do so.

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

Mascot has a highly educated workforce with strong representation in professional services. Its unemployment rate is 3.0%, according to AreaSearch's aggregation of statistical area data.

As of September 2025, there are 13,895 residents employed, with an unemployment rate of 1.1% lower than Greater Sydney's rate of 4.2%. The workforce participation rate in Mascot is 68.4%, compared to Greater Sydney's 60.0%. Leading employment industries among residents include professional & technical services, accommodation & food, and retail trade. Mascot shows particular strength in the accommodation & food industry, with an employment share of 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%. There are 1.4 workers for every resident, indicating that Mascot functions as an employment hub hosting more jobs than residents and attracting workers from surrounding areas. In the 12-month period up to September 2025, labour force decreased by 1.7% alongside a 2.1% employment decline in Mascot, resulting in an unemployment rate rise of 0.3 percentage points. This contrasts with Greater Sydney where employment rose by 2.1%, the labour force grew by 2.4%, and unemployment rose by 0.2 percentage points. As of 25-Nov-25, NSW employment contracted by 0.03% (losing 2,260 jobs), with the state unemployment rate at 3.9%. This compares favourably to the national unemployment rate of 4.3%. Jobs and Skills Australia's national employment forecasts from May-25 suggest that national employment will expand by 6.6% over five years and 13.7% over ten years. 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, though 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

AreaSearch's latest postcode level ATO data for financial year ending June 30, 2023 shows median income in Mascot suburb is $52,910, average income is $65,901. This compares to Greater Sydney's median of $60,817 and average of $83,003. By September 2025, adjusted for Wage Price Index growth of 8.86%, estimated median income in Mascot would be approximately $57,598, average at $71,740. According to the 2021 Census, incomes in Mascot rank between 78th and 81st percentiles nationally. Income distribution shows 35.4% of residents (8,160 people) earn between $1,500 - $2,999 weekly, mirroring broader area at 30.9%. Notably, 33.5% earn above $3,000 weekly. Housing costs consume 22.2% of income, but strong earnings place disposable income at the 72nd percentile. Mascot'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

The dwelling structure in Mascot, 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 26.0% houses and 74.0% other dwellings. Home ownership in Mascot was at 16.6%, with the remaining dwellings either mortgaged (25.1%) or rented (58.2%). The median monthly mortgage repayment in Mascot was $2,600, aligning with Sydney metro's average, while the median weekly rent was $600 compared to Sydney metro's $2,600 and $550 respectively. Nationally, Mascot's mortgage repayments were significantly higher than the Australian average of $1,863, with rents substantially above the national figure of $375.

Mascot features high concentrations of group households, with a fairly typical 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 matches the Greater Sydney average.

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

Mascot has a notably high level of educational attainment. Among residents aged 15 years and above, 48.7% hold university qualifications, surpassing Australia's national average of 30.4% and New South Wales' rate of 32.2%. This indicates a significant educational advantage for the area. Bachelor degrees are the most prevalent, with 32.1%, followed by postgraduate qualifications at 14.9% and graduate diplomas at 1.7%.

Vocational credentials are also prominent, with 25.1% of residents holding such qualifications. Advanced diplomas account for 12.9%, while certificates make up 12.2%. Educational participation is high in Mascot, with 33.5% 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

Mascot has 81 active public transport stops, offering a mix of train and bus services. These stops are served by 25 different routes, together facilitating 12,840 weekly passenger trips. Transport accessibility is rated as excellent, with residents on average located 137 meters from the nearest stop.

Services run an average of 1,834 trips per day across all routes, equating to approximately 158 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

Mascot has excellent health outcomes, as indicated by data showing a low prevalence of common health conditions across all age groups. The rate of private health cover is high at approximately 53%, covering about 12,218 people, which is higher than the average SA2 area but lower than Greater Sydney's 58.1%.

Asthma and mental health issues are the most prevalent conditions in Mascot, affecting 4.7% and 4.3% of residents respectively. A significant majority, 84.4%, report having no medical ailments, compared to 78.7% across Greater Sydney. The area has a lower proportion of seniors aged 65 and over at 8.2% (1,890 people), compared to Greater Sydney's 12.6%. Despite this, health outcomes among seniors in Mascot are strong and largely align with the general population's health profile.

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 most culturally diverse populations in Australia, with 59.7% speaking a language other than English at home and 63.0% born overseas. Christianity is the predominant religion in Mascot, accounting for 43.9% of its population. Buddhism, however, is more prevalent in Mascot compared to Greater Sydney, with 9.1% of residents identifying as Buddhist.

The top three ancestry groups in Mascot are Other (25.3%), Chinese (22.5%), and English (11.0%). Notably, Spanish (1.1%), Greek (3.3%), and Korean (0.9%) ethnicities are overrepresented compared to 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 substantially under Australia's median of 38. Relative to Greater Sydney, Mascot has a higher concentration of residents aged 25-34 (34.3%) but fewer aged 5-14 (6.5%). This 25-34 concentration is well above the national average of 14.5%. Post-2021 Census data shows the 35 to 44 age group grew from 15.1% to 16.8% of Mascot's population. Conversely, the 15 to 24 cohort declined from 16.6% to 14.5%. 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 1,483 people (44%) from 3,342 to 4,826. Conversely, numbers in the 35 to 44 age range are expected to fall by 268.