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Suburb Insights ยท NSW 2009

Pyrmont 2009, New South Wales

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Pyrmont is an inner-city suburb of Sydney, Australia, with a population of approximately 12,658, making it a smaller community. Located 1 km from the Sydney CBD, Pyrmont is a inner city area in New South Wales. The median household income is $125,944 AUD per year (ABS 2021 Census).

Investment Score

85 / 100 Strong

Strong household incomes in Pyrmont underpin solid property demand. Close CBD access strengthens tenant appeal and resale value.

Location

Map shows Pyrmont, New South Wales, Australia.

Key Indicators

Postcode
2009

Official Australia Post postcode for Pyrmont. A postcode may cover multiple suburbs.

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Population
12,658

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$580/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$125,944/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
1 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
3

Estimated 3 schools within or near this suburb based on ABS 2021 data.

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Parks & green spaces
5

Estimated 5 parks and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$2,800/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
N/A

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

As an inner-city location, Pyrmont benefits from proximity to employment, dining, and cultural precincts. Investment properties here typically attract young professionals and downsizers seeking walkable lifestyles. The median rent of $580/week (ABS 2021) indicates a mid-range rental market. Owner-occupiers face a median mortgage repayment of $2,800/month. A median household income of $125,944/year supports premium property values and indicates a well-employed resident base.

Investment Strategy

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Buy & Hold

Pyrmont's established location and strong demographics make it well-suited to a long-term buy-and-hold strategy.

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Rental Yield

Rental returns in Pyrmont are attractive relative to purchase prices, supporting positive cash flow.

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Renovation / Flip

Some renovation potential exists in Pyrmont, though margins may be tighter due to higher base prices or competition.

Risk Factors

Run the numbers on a Pyrmont property

Full Property Analysis

30-year projections for Pyrmont

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2026 Outlook

Growth: Strong Rental Demand: Strong Investor Sentiment: Strong

Pyrmont enters 2026 with positive growth momentum, supported by strong local demographics and sustained demand. Tenant competition in Pyrmont continues to intensify, supporting landlords and rent stability. Overall, investor sentiment toward Pyrmont is positive, backed by solid fundamentals.

Frequently Asked Questions

Is Pyrmont a good suburb for investment?

Pyrmont is a inner city area in New South Wales with a population of 12,658. The median rent is $580/week and the median household income is $125,944/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Pyrmont?

Key demand drivers in Pyrmont include employment proximity and urban lifestyle. The area has approximately 3 schools and 5 parks nearby.

What is the population of Pyrmont?

According to the ABS 2021 Census, Pyrmont has a population of approximately 12,658. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Pyrmont from the Sydney CBD?

Pyrmont is approximately 1 km straight-line distance from the Sydney CBD (calculated from ABS 2021 suburb centroid coordinates). This close proximity means excellent access to employment, dining, and entertainment.

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