Property value increases in Ultimo have tracked higher than the NSW average of 8.14% over the last 12 months.
If we look at median property appreciation over just the last three months, Ultimo has given property investors a paper return of -2.03%. This puts Suburb as 424 on a list of fastest fasting appreciating suburbs in NSW
Sellers are offering property buyers an average discount of -7.20% to buyers in Ultimo at the moment, which is less than average for the rest of NSW.
A $580 per week rent on the median house gives suburb investors a gross yield of circa 4.16%, without taking into account capital value appreciation, which has been averaging out at 10.60%.