922/55 Church Avenue, Mascot NSW 2020

Large three-bedroom apartment | 172 sqm with two car spaces | Flood overlay flagged | Strong rental yield potential | Young professional demographic This property offers a rare configuration advantage in the Mascot market: a genuinely spacious three-bedroom floorplan with two secure car spaces, which positions it well above the typical two-bedroom unit stock that dominates the area. The 60% owner-occupancy rate signals a stable building community, and the young demographic profile (73% aged 20–39) supports consistent rental demand. For a buyer seeking a long-term hold with dual-income potential or a family-sized apartment without moving to a house, this unit is competitively positioned. The flood overlay is the primary risk and should be factored into both insurance costs and future resale liquidity; buyers should obtain a flood certificate and review strata levies for any related premiums. The 2015 last sale price provides a useful baseline for assessing current value, though market movement since then must be considered. The building’s recent sales activity suggests reasonable turnover, which can aid future exit strategy. For an owner-occupier, this property works as a spacious home with strong amenity; for an investor, the rental spread of $1,190–$1,400 per week supports positive gearing if acquired near valuation. Hold for medium-term capital growth supported by location fundamentals, and treat the flood risk as a negotiation point rather than a deal-breaker.