Ultimo has had a pretty good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 16.44% to date .
Situated 1.52km from the CBD, Ultimo is one of Sydney localities in the postcode 2007.
At number 412th in the list of Australian suburbs ordered by increase in median house value over the last year, Ultimo, 2007 is in the top 30% with a property value increase of 11.13% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Ultimo,2007 has racked up an average of 11.13% over the period. This ranks it number 102th in the whole country for real estate investors looking at median house price increases.
Sellers are offering property buyers an average discount of -4.08% to buyers in Ultimo at the moment, which is less than average for the rest of NSW.