Ultimo at a glance
10,534
People
$1,565,000
Median sale
$600/wk
Median rent
1.99%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
$1,565,000
Last sold
14 Oct 2025
2
Bedrooms
1
Bathrooms
0
Car spaces
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$1,565,000
14 Oct 2025 · derived via latest_sale
Ultimo at a glance
10,534
People
$1,565,000
Median sale
$600/wk
Median rent
1.99%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
Vs Ultimo
0.0%
Median sale
Suburb $1,565,000
0.00 pp
Gross yield
Suburb 1.99%
Suburb median $1,565,000 from 5 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
NSWPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Rental
No advertised rent is recorded. Suburb median rent $600/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
Current comparable rental listings within 400 m of this lot are not loaded. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownArea
Ultimo at a glance
10,534
People
$1,565,000
Median sale
$600/wk
Median rent
1.99%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Kho & Lee Property GroupOffered for the first time in over a century, this character-filled terrace is tucked away in a charming Ultimo laneway and blends original details with rare versatility across multiple levels. Offering a spacious basement, light-filled living spaces, comfortable bedroom level and airy attic retreat, the home presents endless scope to live in now with the opportunity to update and enhance to taste. With its unique layout and timeless charm, this is a rare opportunity not to be missed.
- Offering flexibility across basement, ground, bedroom, and attic levels
- Rare basement with shower and toilet, ideal for retreat or rumpus room
- Spacious attic with cross ventilation, ideal as third bedroom or study
- Motorised ladder providing easy access to attic level
- Open-plan living and dining on entrance level
- Original kitchen with scope to modernise and add value
- Stained glass windows throughout the property
- Exposed brickwork and archway adding warmth and period character
- Two good-sized bedrooms, one with built-in wardrobes
- Brand new carpet installed in bedrooms, attic and hallway
- Full bathroom servicing the bedroom level
- Balcony on the first floor with eastern light
- Rental potential of $1,000 - $1,100 per week
- Unique design with strong potential for further renovation or value-add
Set in a prime Ultimo location, the home is just moments from Darling Harbour, Broadway Shopping Centre, Chinatown, and the CBD, with Sydney University and UTS a short stroll away. Excellent transport connections including Central Station, light rail, and the upcoming Pyrmont Metro ensure effortless travel, while nearby cafés, parks, and the soon-to-be revitalised Sydney Fish Market bring lifestyle and future growth right to your doorstep.
Outgoings:
Water Rate: $252 p/q approx.
Council Rate: $334 p/q approx.
Disclaimer:
This information was prepared with all due care and is current at the time of publication. We cannot warrant its accuracy, currency, completeness, reliability or suitability, especially material supplied by third parties. The material is provided for general information only; the reader should seek independent advice relevant to your circumstances.
Listing description written by Sarah Li, Kho & Lee Property Group — reproduced as published, not verified by Districts.
NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownNSW Valuer General land values are not loaded for this property yet.
Net yield / holding costs
UnknownNSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.