If you were to buy a house locally at the current median price of $1,400,000 and had 10% deposit, then you would need a mortgage for $1,260,000. This is a very large mortgage compared to state.
With a net change of 1661 people, MASCOT 2020 has grown considerably when compared to other suburbs in NSW.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $2,600 which is $563 more every month. As a percentage rise, this makes MASCOT, 2020 the number 243th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
In a list of Australian suburbs ranked by what percentage of the median household income was paid out in home loan repayments, MASCOT NSW would be 1078th with 40.46.