Haymarket

Haymarket lies within the top 10% of areas nationally in terms of population growth performance according to AreaSearch analysis of short and medium-term trends

Based on ABS population updates and AreaSearch validation, as of Nov 2025, Haymarket's estimated population is around 10,325. This reflects an increase of 2,020 people since the 2021 Census, which reported a population of 8,305. The change was inferred from AreaSearch's estimate of 9,716 residents following examination of ABS ERP data release in Jun 2024 and additional validated new addresses since the Census date. This results in a density ratio of 19,855 persons per square kilometer, placing Haymarket in the top 10% nationally by AreaSearch's assessment. Haymarket's growth rate of 24.3% since the 2021 Census exceeded both state (7.6%) and metropolitan area averages. Overseas migration contributed approximately 94.0% of overall population gains during recent periods.

AreaSearch uses ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022, and NSW State Government's SA2-level projections where applicable, released in 2022 with a base year of 2021. Future population trends indicate significant growth in the top quartile of Australian statistical areas, forecasting an increase of 3,847 persons to 2041 based on aggregated SA2-level projections, reflecting a total increase of 33.6% over the 17-year period.

AreaSearch assessment of residential development activity positions Haymarket among the top 25% of areas assessed nationwide

AreaSearch analysis of ABS building approval numbers shows Haymarket approved around 36 new homes annually on average over the past five financial years, totalling an estimated 182 homes. No approvals have been recorded so far in FY-26. Between FY-21 and FY-25, approximately 4.2 people moved to the area per dwelling built yearly. Commercial approvals this financial year amount to $88.8 million, indicating robust local business investment.

Compared to Greater Sydney, Haymarket has about three-quarters the rate of new dwelling approvals per person but ranks in the 86th percentile nationally for development activity. Recent building activity comprises solely medium and high-density housing, with approximately 107 people per dwelling approval. By 2041, Haymarket is projected to gain 3,474 residents, potentially outpacing current housing supply if development rates remain constant, which could increase buyer competition and support stronger price growth.

Population forecasts indicate Haymarket will gain 3,474 residents through to 2041 (from the latest AreaSearch quarterly estimate). If current development rates continue, housing supply may not keep pace with population growth, potentially increasing competition among buyers and supporting stronger price growth.

Haymarket has very high levels of nearby infrastructure activity, ranking in the top 10% nationally

Changes to local infrastructure significantly impact an area's performance. AreaSearch identified 38 projects likely affecting the area. Notable ones are Mariyung Fleet (New Intercity Fleet), Atlassian Central, Central Place Sydney, and Sydney House. The following list details those most relevant:.

Professional plan users can use the search below to filter and access additional projects.

Denotes AI-based impression for illustrative purposes only, not to be taken as definitive under any circumstances. Please follow links and conduct other investigations from the project's source for actual imagery. Developers and project owners wishing us to use original imagery please Contact Us and we will do so.

AreaSearch assessment positions Haymarket ahead of most Australian regions for employment performance

Haymarket has an educated workforce with strong professional services representation. The unemployment rate was 2.8% as of AreaSearch's aggregation of statistical area data.

As of September 2025, there were 5703 residents employed while the unemployment rate was 1.4% lower than Greater Sydney's rate of 4.2%. Workforce participation was 56.4%, compared to Greater Sydney's 60.0%. Leading employment industries among residents included accommodation & food, professional & technical, and finance & insurance. The area had a notable concentration in accommodation & food, with employment levels at 4.6 times the regional average.

Health care & social assistance had limited presence, with 6.4% employment compared to 14.1% regionally. There were 2.9 workers for every resident as of the Census, indicating that the area functioned as an employment hub hosting more jobs than residents and attracting workers from surrounding areas. Between September 2024 and September 2025, labour force decreased by 0.7%, while employment declined by 1.5%, causing unemployment to rise by 0.8 percentage points in Haymarket. This contrasted with Greater Sydney where employment grew by 2.1% and labour force expanded by 2.4%. By 25-Nov-25, NSW employment had contracted by 0.03% (losing 2260 jobs), with the state unemployment rate at 3.9%, compared to the national rate of 4.3%. Jobs and Skills Australia's national employment forecasts from May-25 suggested that Haymarket's employment should increase by 6.7% over five years and 13.4% over ten years, based on industry-specific projections applied to Haymarket's employment mix.

Income levels sit below national averages according to AreaSearch assessment

AreaSearch's data for financial year 2023 shows Haymarket's median income at $39,729 and average income at $99,551. These figures are among the top percentile nationally. Greater Sydney's median income is $60,817 and average income is $83,003. By September 2025, estimated incomes would be approximately $43,249 (median) and $108,371 (average), based on an 8.86% growth in the Wage Price Index since financial year 2023. Census data indicates Haymarket's household income ranks at the 61st percentile ($1,931 weekly) and personal income at the 40th percentile. The largest income segment is 33.1%, earning $1,500 - 2,999 weekly (3,417 residents). Housing affordability pressures are severe, with only 70.0% of income remaining, ranking at the 42nd percentile. Haymarket's SEIFA income ranking places it in the 8th decile.

Haymarket features a more urban dwelling mix with significant apartment living, with a higher proportion of rental properties than the broader region

The dwelling structure in Haymarket, as per the latest Census, consisted of 0.2% houses and 99.8% other dwellings (semi-detached, apartments, 'other' dwellings). In comparison, Sydney metro had 2.3% houses and 97.7% other dwellings. Home ownership in Haymarket was at 10.0%, with mortgaged dwellings at 10.7% and rented ones at 79.3%. The median monthly mortgage repayment in the area was $2,600, below Sydney metro's average of $2,705. The median weekly rent figure was recorded at $650, compared to Sydney metro's $550. Nationally, Haymarket's median monthly mortgage repayments were significantly higher than the Australian average of $1,863, while rents were substantially above the national figure of $375.

Haymarket features high concentrations of group households, with a higher-than-average median household size

Family households constitute 49.6% of all households, including 8.6% couples with children, 33.6% couples without children, and 4.1% single parent families. Non-family households account for the remaining 50.4%, with lone person households at 27.6% and group households comprising 22.9%. The median household size is 2.4 people, which is larger than the Greater Sydney average of 1.9.

Haymarket demonstrates exceptional educational outcomes, ranking among the top 5% of areas nationally based on AreaSearch's comprehensive analysis of qualification and performance metrics

Haymarket's educational attainment is notably higher than broader averages. Among residents aged 15 and above, 52.9% have university qualifications, compared to Australia's 30.4% and NSW's 32.2%. Bachelor degrees are the most prevalent at 35.7%, followed by postgraduate qualifications (15.7%) and graduate diplomas (1.5%). Vocational pathways account for 24.3% of qualifications, with advanced diplomas at 17.6% and certificates at 6.7%.

Educational participation is high, with 48.1% of residents currently enrolled in formal education. This includes 17.7% in tertiary education, 1.7% in primary education, and 1.5% pursuing secondary education.

Transport servicing is high compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

Transport analysis shows 72 active transport stops in Haymarket. These include train, lightrail, and bus stops. There are 98 individual routes serving these stops, providing a total of 61,565 weekly passenger trips.

Transport accessibility is rated excellent, with residents typically located 114 meters from the nearest stop. Service frequency averages 8,795 trips per day across all routes, equating to approximately 855 weekly trips per individual stop.

Haymarket's residents boast exceedingly positive health performance metrics with very low prevalence of common health conditions across all age groups

Health outcomes data shows excellent results across Haymarket, with a very low prevalence of common health conditions across all age groups. The rate of private health cover is exceptionally high at approximately 66% of the total population (6,832 people), compared to 68.5% across Greater Sydney and 55.7% nationally. The most common medical conditions in the area are asthma and mental health issues, affecting 2.6% and 2.6% of residents respectively, while 91.9% declare themselves completely clear of medical ailments, compared to 77.4% across Greater Sydney.

Haymarket has 4.0% of residents aged 65 and over (412 people), which is lower than the 9.7% in Greater Sydney. Health outcomes among seniors are particularly strong, broadly in line with the general population's health profile.

Haymarket is among the most culturally diverse areas in the country based on AreaSearch assessment of a range of language and cultural background related metrics

Haymarket has a high level of cultural diversity, with 80.0% of its residents speaking a language other than English at home and 85.8% born overseas. The dominant religion in Haymarket is Buddhism, practiced by 31.2% of the population, compared to 7.1% across Greater Sydney. In terms of ancestry, the top three groups are Chinese (39.0%), Other (32.4%), and English (8.3%).

These figures differ significantly from regional averages: Chinese is substantially higher than the regional average of 13.0%, Other is also notably higher at 16.1%, while English is lower than the regional average of 19.8%. Additionally, there are notable differences in the representation of Korean (2.9% vs regional 1.1%), Vietnamese (2.4% vs regional 1.2%), and Spanish (0.7% vs regional 1.0%) groups.

Haymarket hosts a very young demographic, ranking in the bottom 10% of areas nationwide

At 30 years, Haymarket's median age is younger than Greater Sydney's average of 37 and Australia's median of 38. Compared to Greater Sydney, Haymarket has a higher proportion of residents aged 25-34 (42.4%) but fewer residents aged 5-14 (1.9%). This concentration of 25-34 year-olds is significantly higher than the national average of 14.5%. According to post-2021 Census data, the proportion of residents aged 15-24 has increased from 20.1% to 21.3%, while those aged 35-44 have risen from 18.3% to 19.4%. Conversely, the proportion of residents aged 55-64 has decreased from 4.2% to 3.2%. By 2041, demographic modeling suggests Haymarket's age profile will change significantly. The number of residents aged 25-34 is projected to grow by 780 people (an 18% increase) from 4,377 to 5,158.