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Ultimo NSW 2007 — House Prices, Rent & Suburb Profile

Ultimo is a suburb in New South Wales (postcode 2007). The median sale price is $775k (+35% since 2012). The median weekly rent is $700/week, a gross rental yield of about 4.7%. It has a population of about 7,410 (ABS Census 2021).

Median sale price
$775k
Median weekly rent
$700/week
Gross rental yield
4.7%
Population (2021)
7,410
Socio-economic (IRSAD %ile)
91

Median sale price trend

YearMedian sale price
2021$760,000
2022$820,000
2023$805,000
2024$745,000
2025$760,000
2026$775,000

Source: NSW Valuer General bulk property sales. Medians shown only where there are enough sales.

Median weekly rent by bedrooms

BedroomsMedian weekly rent
1-bedroom$620
2-bedroom$1,100
3-bedroom$823

Postcode-level median (all property types). Source: NSW DCJ rental bonds.

Housing mix

Predominantly apartment (94% of recorded sales).

Demographics (ABS Census 2021)

  • Population: 7,410
  • Median age: 30
  • Median weekly household income: $1,805
  • Average household size: 2.1

Socio-economic profile (ABS SEIFA 2021)

  • IRSAD (relative advantage/disadvantage): score 1074 · 91th percentile in Australia
  • IEO (education & occupation): score 1139 · 98th percentile

Higher score = relatively more advantaged. This is a socio-economic index, not a measure of school or teaching quality. Source: ABS SEIFA 2021 (CC BY).

Schools in Ultimo

  • Ultimo Public School · Primary School

Schools located within the suburb boundary. For catchments and results, see the official My School / NSW sources.

Transport

Nearest station: Exhibition Centre Light Rail (lightrail), about 0.4 km from the suburb centre.

Land value

Median land value: $1,310,000 (2025 base year). This is land value, not market sale price. Source: NSW Valuer General (CC BY).

Frequently asked questions

What is the median house price in Ultimo?

The median sale price in Ultimo NSW 2007 is $775,000, up 35% since 2012. Based on NSW Valuer General sales data.

What is the average weekly rent in Ultimo?

The median weekly rent in Ultimo (postcode 2007) is $700 per week. Source: NSW DCJ rental bonds.

What is the rental yield in Ultimo?

The estimated gross rental yield in Ultimo is about 4.7%, based on the median weekly rent relative to the median sale price.

What schools are in Ultimo?

Schools located in Ultimo include Ultimo Public School.

Nearby suburbs

Explore house prices & rent in suburbs near Ultimo. Browse all NSW suburbs →

Explore Ultimo on the interactive map →

Prices, rents, school zones, land values and zoning across NSW.

Data: NSW Valuer General (sales & land value), NSW DCJ (rents), ABS Census & SEIFA 2021, TfNSW (transport). Figures are medians and estimates for general information only, not valuations or advice.