1034/111 High Street, Mascot NSW 2020

1034/111 High Street, Mascot NSW 2020
1-bedroom in Mascot | dual parking rare for unit | rental yield 4.2-5.4% | strong NBN and 5G coverage | no flood or bushfire risk The property’s dual parkingโ€”one car space and a separate garageโ€”is an uncommon configuration for a compact 1-bedroom unit, giving it a clear edge over comparable listings in the area. Its position within Mascot, with FTTP NBN and 5G available, supports strong tenant demand from professionals who value connectivity and convenience. This unit is best suited for an investor seeking reliable rental income or a first-time buyer wanting a foothold in Sydney’s inner-ring market with lower entry costs than neighbouring suburbs. The wide valuation spreadโ€”from $735,000 to $980,000โ€”signals that pricing is not yet settled, and a buyer should budget for an independent appraisal to avoid overpaying. The compact floorplan limits future capital growth compared to larger units, so the opportunity lies in holding for steady rental cash flow rather than short-term appreciation. Use this property as a long-term income asset, not a flip.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 1034/111 High Street, Mascot NSW 2020
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Market Insight:

Mascot presents a market of distinct segments, with its apartment sector demonstrating robust growth, appealing strongly to young professionals drawn by high rental yields and proximity to the city. While house prices have softened recently, indicating a more measured market, the suburb’s high mortgage commitments and rental affordability pressures highlight significant constraints. Future performance will hinge on broader economic factors and the sustained demand from its core demographic within this well-located urban hub.
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PropCred Estimated Value

Bedrooms

1

Bathroom

1

Parking

1

Land

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