With a capital gain of 20.44% for the last 12 months, Ultimo, 2007 has performed for property investments than its average annual 25.83% property growth over the last 5 years.
On average over the past year, suburb has had 1.08 sales per month, which equates to 13 per year.
Property investors should expect to get $780 weekly from the median priced house in this suburb.
At number 59th in the list of Australian suburbs ordered by increase in median house value over the last year, Ultimo, 2007 is in the top 10% with a property value increase of 25.54% recorded in median house prices.
Ultimo,2007 was ranked 136 in Australia by increase in median property value over the quarter.
Vendor discounting in Ultimo is giving property investors an average Vendor Discount of around -5.93%. This puts suburb at number 71th in NSW when ranking the most discounted suburbs.
Ultimo, 2007’s gross rental yield is 3.70%