At number 302th 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 22.88% recorded in median house prices.
Across a shorter period, Ultimo, 2007 has seen a median price increase of 5.53% over the last quarter.
Ultimo is 1088th on a list of best yielding suburbs for rents in NSW with a 2.17% return
NSW has seen average median house prices change by 8.63% which means that Ultimo, 2007 has done well for property investors by showing a capital gain of 8.32% over the last year
Across a shorter period, Ultimo, 2007 has seen a median price increase of -1.10% over the last quarter.
Property buyers and investors in Ultimo 2007 should be seeing an average reduction in asking price of around -4.62% . This means that Ultimo is holding prices well when compared to other suburbs in NSW.
Often selling an investment property can take time, and in Ultimo the average time real estate has been on the market is 87.84 days.
Advertised rents are around the $600 mark per week – giving a return of 3.87% based on the median price in Suburb