ABS 2021 Census · Updated 31 March 2026
Ultimo is an inner-city suburb of Sydney, Australia, with a population of approximately 7,410, making it a smaller community. Located 2 km from the Sydney CBD, Ultimo is a inner city area in New South Wales. The median household income is $93,860 AUD per year (ABS 2021 Census).
Above-average earnings in Ultimo support sustained property values. Its proximity to the CBD adds a strong location premium.
Map shows Ultimo, New South Wales, Australia.
Official Australia Post postcode for Ultimo. A postcode may cover multiple suburbs.
Australia Post Postcode Finder →Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.
ABS Census Data →Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.
State Rental Authority →Annual median household income (before tax) for all households. Source: ABS 2021 Census.
ABS Census Data →Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.
Estimated 2 schools within or near this suburb based on ABS 2021 data.
Find schools near Ultimo on My School →Estimated 3 parks and green spaces near this suburb. Source: ABS 2021 data.
Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.
ABS Census Data →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 →As an inner-city location, Ultimo 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 $500/week (ABS 2021) indicates a mid-range rental market. Owner-occupiers face a median mortgage repayment of $2,500/month. The median household income of $93,860/year reflects a solid demographic, supporting sustainable rental demand. With only 0% separate houses, Ultimo has a significant apartment and unit market — typical of inner-city investment corridors.
Solid fundamentals in Ultimo support capital growth over a medium to long hold period.
Strong tenant demand in Ultimo underpins consistent rental income and low vacancy risk.
Selective flip opportunities exist in Ultimo for investors with local market knowledge.
Run the numbers on a Ultimo property
Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.
Create free account →The outlook for capital growth in Ultimo is encouraging heading into 2026, driven by constrained supply and buyer competition. Rental demand remains robust, with low vacancy rates and growing tenant pools keeping yields competitive. Overall, investor sentiment toward Ultimo is positive, backed by solid fundamentals.
Ultimo is a inner city area in New South Wales with a population of 7,410. The median rent is $500/week and the median household income is $93,860/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.
Key demand drivers in Ultimo include employment proximity and urban lifestyle. 0% of dwellings are separate houses. The area has approximately 2 schools and 3 parks nearby.
According to the ABS 2021 Census, Ultimo has a population of approximately 7,410. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.
Ultimo is approximately 2 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.