Is ULTIMO a good suburb for positive geared property investment in Australia?

ULTIMO in NSW currently features property rental yields up to 2.6% with a 12-month capital growth value of Down -9.2%. Under standard conditions, suburbs with yields above 5.0% represent strong positive gearing potential.

What is the median house price in ULTIMO 2007?

The median house price in ULTIMO 2007 is approximately $1,725,000 based on the latest tracked market indices.

Investment Spotlight • Australia

ULTIMO 2007

State: NSW

Updated: 6 August 2026

PosiProp AI Investment Summary

ULTIMO (NSW 2007) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 2.6% and has experienced a 12-month capital growth of Down -9.2%, with a median house buy price of $1,725,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.

Positive Gearing Potential Verified: Suburb rental index metrics qualify Richmond for positive cash flow portfolios. Review the price brackets and explore the live listings below.

Market Yield & Price Indices

2 house • buy

$1,712,500

Down -3.8% 2.6% Yield

3 house • buy

$1,725,000

Down -9.2% 2.6% Yield

4 house • buy

$2,180,000

Not available 2.8% Yield

all house • buy

$1,725,000

Down -9.2% 2.6% Yield

Suburb Market Profile

Last month Ultimo had 152 properties available for rent and 47 properties for sale. Median property prices over the last year range from $1,725,000 for houses to $740,000 for units. If you are looking for an investment property, consider houses in Ultimo rent out for $1,100 PW with an annual rental yield of 2.6% and units rent for $795 PW with a rental yield of 6.9%. Ultimo has seen an annual compound growth rate of -9.2% for houses and 12.7% for units.

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