203/56 Bay Street Ultimo NSW 2007
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2 Story 2 Bedroom Inner City Aparment
Property Details for 203/56 Bay St, Ultimo
203/56 Bay St, Ultimo is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. The place is currently for rent with Richardson & Wrench Pyrmont/Glebe.
About Ultimo 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 2016 was 8845 people. By 2021 the population was 7410 showing a population decline of 16.2% 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 $3000 - $3999 per month on mortgage repayments. In general, people in Ultimo work in a professional occupation.In 2021, 24.60% of the homes in Ultimo were owner-occupied compared with 25.00% in 2016.
Ultimo has 6,543 properties. Over the last 5 years, Houses in Ultimo have seen a 10.64% increase in median value, while Units have seen a 6.73% increase. As at 31 March 2026:
- The median value for Houses in Ultimo is $1,575,706 while the median value for Units is $779,214.
- Houses have a median rent of $1,098 while Units have a median rent of $750.
Suburb Insights for Ultimo 2007
Market Insights
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