Mascot unit stock increases by 245% in a year: Investar
Mascot has the biggest unit stock for sale increase in Sydney, according to a recent Investar report.
The property investment firm says that Mascot’s unit stock has risen from 31 to 107, a growth of 245% year on year.
This is followed by Kensington with 120% and Bondi Junction with 115%.
Suburb | Postcode | Current median price | Current sales stock | Sales stock 1 year ago | Sales stock growth |
Mascot | 2020 | $850,000 | 107 | 31 | 245% |
Kensington | 2033 | $989,000 | 44 | 20 | 120% |
Bondi Junction | 2022 | $930,000 | 43 | 20 | 115% |
Surry Hills | 2010 | $800,000 | 50 | 24 | 108% |
North Sydney | 2060 | $949,500 | 67 | 37 | 81% |
A two bedroom unit at 288/635 Gardeners Road, Mascot (above) has been listed for sale.
Similarly a two bedroom unit at 1271-1277 Botany Road, Mascot (below) has been listed for between $859,000 to $898,000.
A two bedroom unit at 309/9 John Street, Mascot (below) was sold this February for $865,000.
Similarly a two bedroom unit at 144/635 Gardeners Road, Mascot (below) was sold September last year for $878,000.