Stickybeak

Ultimo 2007 suburb insights

Thinking about buying in Ultimo (2007)? This page consolidates 16 data cards from NSW government, the ABS, and Transport for NSW to help you build a complete picture of what ownership and life in the City of Sydney suburb actually looks like. The analysis covers affordability signals — median sale prices, rental yield, and first home buyer eligibility — alongside lifestyle indicators including school catchments and walkability, risk factors such as flood and bushfire exposure, and suburb-change metrics covering the development pipeline and price trajectory. Jump between the four sections using the sticky navigation above, or scroll through the full analysis below.

Last refreshed April 2026 (most cards). Per-card sources show exact dates.

All data has limits. See our data caveats.

Affordability

Can I afford Ultimo?

Can I afford Ultimo?

Serviceability check

What would a typical mortgage look like in Ultimo? Based on the suburb median of $750,000 (units) and the local median household income.

Monthly repayment
$3,702/mo

6.3% variable · Apr 2026

Repayment-to-income
47.3%

Tight

Loan assumptions
$600,000 loan
20% deposit ($150,000)
30-year P&I

Repayments here would take 47% of the typical local household's gross income. Possible, but tight.

Repayment burden vs Sydney median income
Ultimo47.3%
Sydney median income41.3%
30% stress line

Assumes a 20% deposit and a 30-year P&I owner-occupier loan at the current Sydney variable rate. Your actual rate, deposit, and income will differ.

Sources: RBA Table F6 (rate), ABS Census 2021 G02 (income), suburb median sale.
Can I afford Ultimo?

Rental market in Ultimo

Median weekly rent from lodged bonds. Sep 2025. Based on 73 new bond lodgements this quarter.

Rents here are at the higher end for Sydney. Higher holding costs for investors; higher savings pressure for renters.

Median weekly rent · Unit · 2 bed
$1,050per week
Sep 2025 · 73 bonds lodged
Quarterly trend · last 12 quarters
Dec 22: $890 per week (52 bonds)Mar 23: $900 per week (53 bonds)Jun 23: $920 per week (69 bonds)Sep 23: $975 per week (76 bonds)Dec 23: $950 per week (51 bonds)Mar 24: $1,100 per week (96 bonds)Jun 24: $1,000 per week (62 bonds)Sep 24: $1,000 per week (72 bonds)Dec 24: $900 per week (63 bonds)Mar 25: $1,013 per week (104 bonds)Jun 25: $975 per week (56 bonds)Sep 25: $1,050 per week (73 bonds)Dec 22Jun 24Sep 25

Nearby suburbs · same combination

Chippendale2008
$1,190▲$140
1.0 km away
Forest Lodge2037
$1,100▲$50
1.2 km away
Pyrmont2009
$980▼$70
1.3 km away
Haymarket2000
$1,250▲$200
1.5 km away
NSW DCJ Rental Bond Board · Sep 2025 · CC BY. Cells with 10 or fewer bond lodgements are suppressed; cells with 30 or fewer have the bond count suppressed but rent published. Figures are transacted rents, not asking rents.

Lifestyle

Ultimo Lifestyle

Source: ABS Census 2021, Postal Areas (CC BY 4.0).

Dealbreakers

Any dealbreakers?

Any dealbreakers?

Air quality in Ultimo

9
GoodAQI · NSW DCCEEW
01:51 AEST
Ultimo-UTS station · 0.5 km from centroid
12-month median: AQI 30 · Good

Air quality is generally safe for outdoor activity.

Pollutants
nearest station
NO₂i
1.1pphm
1hr reading
AQI · last 12 months · daily mean
Ultimo-UTS station · 365 daily points
Source: NSW DCCEEW Air Quality API (CC BY 4.0). Historical data updated weekly; live readings cached 60 minutes.
View dealbreakers as a standalone report →

Change

How might Ultimo change?

DEVELOPMENT PIPELINE · NSW PLANNING PORTAL · 2007

What’s in the pipeline

NSW Planning Portal feed paused at the source for postcode 2007. Expected back by Q3 2026.

NSW PLANNING PORTAL
How might Ultimo change?

Investor activity in Ultimo

2007 · ATO Taxation Statistics · ~18-month lag
Source: ATO Taxation Statistics (CC BY 2.5 AU).

What to do next

Three steps to move from research to action.

1
Get pre-approved

Know your budget before you inspect. A pre-approval letter strengthens your offer.

Read our guides
2
Set a listings alert

See new listings in Ultimo under the median ($1,900,000).

Search on Domain
3
Join the contract-review waitlist

Have your Section 66W reviewed before you sign.

Join the waitlist

Track Ultimo.

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Compare Ultimo with another suburb

Also in City of Sydney

Comparing suburbs in the same area can sharpen your decision. Browse suburb insights for other City of Sydney postcodes, or explore the full City of Sydney suburb index.

Alexandria 2015Camperdown 2050Chippendale 2008Darlinghurst 2010

Other Inner South suburbs

Chippendale 2008Cronulla 2230Hurstville 2220Kogarah 2217Sutherland 2232

Frequently asked questions

What suburb is postcode 2007?
Ultimo is the primary suburb with postcode 2007 in New South Wales. In some cases multiple suburbs share the same postcode — Ultimo is the main locality.
Which local government area is Ultimo in?
Ultimo (2007) is located in the City of Sydney local government area in New South Wales.
What data does Stickybeak show for Ultimo?
Stickybeak shows 16 data cards for Ultimo (2007) covering affordability (median sale prices, rental yield, first home buyer eligibility), lifestyle (schools, childcare, walkability, commute times), risk factors (flood zones, bushfire prone land, air quality, traffic volume), and suburb growth signals (development pipeline, price trajectory, demographics).
Is Ultimo flood prone?
Flood risk varies street by street in Ultimo. Check the Dealbreakers section on this page for the latest NSW flood zone mapping sourced from official state government data. Always verify at the property level with a Section 10.7 certificate before purchasing.
What are the best schools near Ultimo?
The Schools card on this page lists primary and secondary schools within the catchment area for Ultimo (2007), including their NAPLAN performance data and distance from the suburb centre.
Is Ultimo (2007) eligible for the First Home Buyer scheme?
The First Home Buyer eligibility card on this page shows which NSW and federal government schemes — including the First Home Guarantee, stamp duty exemptions, and the First Home Super Saver scheme — apply to purchases in Ultimo (2007). Eligibility depends on the purchase price and your individual circumstances.
How is Ultimo changing?
The Change section on this page covers new housing supply from the development pipeline, historical price trajectory, and demographic shifts for Ultimo (2007) using data from NSW Planning, the ATO, and the ABS.

Explore Ultimo in depth

Dig deeper into specific topics for Ultimo 2007: see flood risk, schools, walkability, and rental market as standalone pages. Or browse the full City of Sydney suburb index to compare nearby options.