510/62 Mountain Street

Ultimo NSW 2007

The size of Ultimo is approximately 0.6 square kilometres. It has 3 parks covering nearly 2.1% of total area. The population of Ultimo in 2011 was 7,111 people. By 2016 the population was 8,837 showing a population growth of 24.3% in the area during that time. The predominant age group in Ultimo is 20-29 years. Households in Ultimo are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ultimo work in a professional occupation. In 2011, 29.6% of the homes in Ultimo were owner-occupied compared with 25% in 2016.

Ultimo has 6,541 properties. Over the last 5 years, Houses in Ultimo have seen a 63.93% increase in median value, while Units have seen a 16.91% increase. As at 31 July 2024:

• The median value for Houses in Ultimo is $2,593,961 while the median value for Units is $752,054.
• Houses have a median rent of $900 while Units have a median rent of $720.