Ultimo

Suburb (SAL)

Greater Sydney / Sydney Inner City

 
 
 
 
 
 
 
Data Sources ABSValuer GeneralRental BoardACARA Newest Aug 2026 · Refreshed ABS QuickStats SAL14024 How we calculate this
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Suburb (SAL) Boundary Analysis

This analysis uses Suburbs and Localities (SAL) boundaries, which can materially differ from Statistical Areas (SA2) even when sharing the same name.

SAL boundaries are defined by Australia Post and the Australian Bureau of Statistics to represent commonly-known suburb names used in postal addresses.

Statistical Areas (SA2) are designed for census data collection and may combine multiple suburbs or use different geographic boundaries. For comprehensive analysis, consider reviewing both boundary types if available.

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Sales ActivityProperty Sales Trends in Ultimo

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The median house price in Ultimo is $1.75m, with units at $775k. House values have moved 1.1% a year compounded over five years.

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DemographicsPopulation Growth in Ultimo

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Ultimo has an estimated 10,534 residents, up from 7,410 at the 2021 Census — a change of 3,124 people, or 42.2%. Growth has averaged 4.4% a year over five years, faster than 97% of areas nationally. Overseas migration accounts for 97.0% of that increase. That puts 18,811 residents on each square kilometre. Population is estimated from ABS Estimated Resident Population releases and GNAF address data, re-based from the 2021 Census and updated annually.

Detail

According to evaluations of ABS population updates for the wider region and fresh addresses verified by AreaSearch after the Census, the suburb of Ultimo has a population calculated at approximately 10,534 as of May 2026. This indicates a growth of 3,124 people (42.2%) compared to the 2021 Census, which recorded 7,410 residents. This shift is determined from the resident population of 10,534, calculated by AreaSearch using the most recent ABS ERP statistics (June 2025) and post-Census address verification. Such a population size results in a density of 18,810 persons per square kilometer, placing the locality in the top 10% of all areas evaluated by AreaSearch and highlighting local land as an extremely coveted asset.

The 42.2% expansion in the suburb of Ultimo since the 2021 census outstripped the state increase (7.1%) and Greater Sydney, establishing it as a regional growth leader. The expansion of the suburb of Ultimo was mostly fueled by arrivals from abroad, who accounted for roughly 97.0% of the total demographic growth in recent times. AreaSearch utilizes projections from the ABS and Geoscience Australia for individual SA2 regions, published in 2024 using 2022 as the baseline. For any SA2 regions lacking this coverage, projections from the NSW State Government at the SA2 level are used, published in 2022 using 2021 as the baseline. Growth rates per age cohort from these combined sources are applied across all locations for the years 2032 to 2041. Future demographic forecasts indicate substantial expansion within the highest quarter of regions assessed by AreaSearch, with the suburb of Ultimo expected to gain 2,876 residents by 2041 under combined SA2-level forecasts, representing an overall rise of 27.3% across the 16 years.

Frequently Asked Questions - Population

What is the latest population estimate for the suburb of Ultimo?
Total population for the suburb of Ultimo was estimated to be approximately 10,534 as at May 26. This is based upon an estimated resident population of 10,534 from the ABS up to June 2025.
How has the population in the suburb of Ultimo changed since 2021?
The suburb of ultimo has added approximately 3,124 people and shown a 42.16% increase from the 7,410 people recorded at the 2021 Census period.
What is the population density in the suburb of Ultimo?
The population density in the suburb of Ultimo is estimated at 18,810 persons per square kilometer based on the latest population estimate.
How much has the population grown over the past 10 years in the suburb of Ultimo?
Over the past 10 years, the population in the suburb of Ultimo has shown a compound annual growth rate of 1.5% per annum.
What are the main drivers of population growth in the suburb of Ultimo?
Population growth in the suburb of Ultimo is driven by: Overseas migration (97.0%), Natural increase (3.0%), Interstate migration (0.0%). The primary driver is Overseas migration, contributing 97.0% of overall population gains.

Residential SupplyHousing Development & Building Approvals in Ultimo

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Detail

According to AreaSearch evaluations of building approvals from the ABS, mapped from regional statistical datasets, building activity in Ultimo has been almost non-existent recently, with an estimated 3 homes approved during the last 5 financial years (between FY-21 and FY-25) and 1 during the current FY-26. With a mean of 684.7 new inhabitants per annum for each finished dwelling over the last 5 financial years (between FY-21 and FY-25), the volume of new housing is falling far behind demand, which typically intensifies buyer rivalry and drives up prices. Furthermore, $6.6 million in commercial construction approvals have been logged during this financial year, highlighting the residential focus of the locality.

Compared to Greater Sydney, Ultimo experiences a much lower level of building activity. This restricted pipeline of new builds typically supports demand and valuations for existing properties, even though building work has stepped up lately. This is also lower than the national benchmark, showing the mature state of the market and indicating potential development limits. At the same time, recent building work has consisted solely of detached houses, maintaining the residential vibe of the locality through a focus on standalone homes that draw buyers looking for space. Interestingly, builders are putting up more detached houses than the current stock ratios would suggest (none were recorded at Census), showing ongoing solid demand for family properties despite broader trends towards higher density. With approximately 10286 residents for every approved dwelling, Ultimo behaves as a highly established market.

Frequently Asked Questions - Development

How many dwelling approvals have occurred in the suburb of Ultimo recently?
Dwelling approval activity in the the suburb of Ultimo area has seen 2 residential approvals over the past two financial years, based on AreaSearch's SA2 aggregation method. The suburb of Ultimo's current population of 10,534 has been supported by 0 approvals on average over recent years.
How does the suburb of Ultimo's development activity compare to the broader region?
The suburb of Ultimo has seen 0.01 approvals per 100 people in recent years, compared to 0.65 approvals in the broader region. This means that one dwelling has been approved for every 10286 people in the suburb of Ultimo, compared to one for every 190 in the broader region.
Is the suburb of Ultimo keeping up with housing demand?
With the population expected to increase by 2,876 people by 2041, around 1,438 new dwellings will be necessary. Recent approval levels may be insufficient to meet these forecasts, considering the census average of 2.0 persons per dwelling. This indicates potential housing shortages if current approval trends continue.
What has been the trend in development approvals over the past five years in the suburb of Ultimo?
Looking at development activity over the past five years, the suburb of Ultimo's approval levels have been significantly above the yearly average of 0, indicating strong recent growth in development activity.
How many dwellings will be needed to accommodate future population growth in the suburb of Ultimo?
The population in the suburb of Ultimo is expected to grow by 2,876 people by 2041, necessitating approximately 1,438 new dwellings. This calculation is based on the current census average of 2.0 persons per dwelling in the area.
How does recent development compare to population growth in the suburb of Ultimo?
Over the past five years, the population in the suburb of Ultimo has grown by approximately 4,690 people, while 3 residential approvals were recorded. This equates to a ratio of 1563.3 people added for each new dwelling approval. This high ratio suggests strong population growth relative to housing supply, potentially indicating unmet housing demand.
Are there opportunities for residential developers in the suburb of Ultimo?
Based on recent development activity and a population of 10,534, there appears to be a supply shortfall relative to projected demand, presenting strong opportunities for residential developers. With the population expected to increase by 2,876 people by 2041, around 1,438 new dwellings will be necessary. Current approval trends may be insufficient to meet forecast demand, indicating strong development opportunities.
Approvals Pipeline Development applications near Ultimo

Development applications around Ultimo

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SOURCE: Planning portals and council registers, compiled by AreaSearch. Distance & bearing measured from the suburb midpoint.

Project PipelineInfrastructure & Major Projects in Ultimo

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AreaSearch tracks 6 current infrastructure and development projects inside Ultimo, worth an estimated $1.44 billion. A further 144 sit in the immediately surrounding suburbs, taking the tracked pipeline within reach of the area to $192.5 billion. 43 are already under construction and 51 are due for completion within three years. The pipeline spans residential development, communities, precincts & urban renewal and transport & logistics. Records are compiled from Infrastructure Australia, state agencies, council planning portals and public announcements, reviewed and updated daily, then ranked by proximity, construction stage, completion horizon and project scale.

Detail

Few factors shape local performance as much as changes to regional infrastructure, key projects, and planning changes. A total of 20 developments have been flagged by AreaSearch as having a potential impact on the locality. Major works include the Powerhouse Ultimo Revitalisation, apt.Broadway, DigiCo SYD1 Data Centre Expansion (88MW D&O Project), and Central Place Sydney, with the subsequent list detailing the most significant ones.

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Frequently Asked Questions - Infrastructure

What are some of the major infrastructure and planning changes likely to influence the suburb of Ultimo?
Key infrastructure and planning changes likely to influence the suburb of Ultimo include: Powerhouse Ultimo Revitalisation (Construction); apt.Broadway (Approved); DigiCo SYD1 Data Centre Expansion (88MW D&O Project) (Dev. Application); Central Place Sydney (Construction); and The Post House (Construction). These projects represent significant developments that will shape the area's future infrastructure landscape.
What types of infrastructure projects are impacting the suburb of Ultimo?
Infrastructure development impacting the suburb of Ultimo spans multiple sectors including Residential Development, Business Parks & Technology Hubs, and Communities, Precincts & Urban Renewal, among others.
What is the scale of infrastructure investment impacting the suburb of Ultimo?
Infrastructure investment analysis indicates substantial capital deployment exceeding $25.8 billion in projects that will impact the extended area, with a notable concentration of investment within the immediate the suburb of Ultimo vicinity.
How does the suburb of Ultimo's infrastructure development compare to other areas?
The suburb of Ultimo ranks in the top 10% nationally for infrastructure development, reflecting exceptional investment activity compared to similar areas across the country.
Powerhouse Ultimo Revitalisation
Category: Arts & Culture
Stage: Construction | Est. Comp: 2027
Source / Links: Link 1   Link 2  

A 300 million dollar heritage revitalisation of the Powerhouse Museum at Ultimo. The project conserves and restores the original 1899 Ultimo Power Station, the 1902 Turbine Hall and the 1901 Post Office on Harris Street, while retaining the form and scale of the 1988 Wran building. The museum entrance will be reoriented to face The Goods Line, and a new 2,000 square metre landscaped public square will be created at the northern end of The Goods Line.The redevelopment delivers world-class exhibition spaces for applied arts and sciences, a dedicated Powerhouse Academy learning space, and upgraded Harris Street frontage with industry and recreation spaces. Designed by Durbach Block Jaggers with Architectus. Early works contractor DECC commenced site establishment in late 2024, planning approval was granted in March 2025, and main works contractor Richard Crookes Constructions commenced on site in March 2026. The Modification 1 to the State Significant Development Approval was determined on 14 November 2025.

Arts & Culture

Atlassian Central
Category: Business Parks & Technology Hubs
Stage: Construction | Est. Comp: 2026
Source / Links: Link 1   Link 2  

Atlassian Central is a 39-storey, 183-metre tower under construction at 8-10 Lee Street, Haymarket, anchoring the NSW Government's Tech Central innovation precinct adjacent to Central Station. Designed by SHoP Architects and BVN, the building combines a steel exoskeleton with a hybrid mass timber and concrete structure, featuring seven four-storey internal timber 'habitats' built using more than 30,000 cubic metres of cross-laminated timber and glulam. Once complete, it will be the world's tallest commercial hybrid timber building.The tower offers 75,000 square metres of gross floor area (around 59,100 square metres net lettable) and is co-owned by Dexus and Atlassian. The lower five levels integrate a 137-room YHA hostel and the heritage-listed Parcel Shed, which is being adaptively re-used as the building lobby. Sustainability targets include a 50 percent reduction in embodied carbon, 100 percent renewable energy operation, a 5.5-star NABERS Energy commitment and a 6-star Green Star target, supported by an electricity-generating photovoltaic facade. Built and Obayashi Corporation joint venture (BOJV) commenced construction in August 2022. As of mid-2026 the tower has surpassed Milwaukee's Ascent to become the world's tallest hybrid timber tower, with Level 39 top-out scheduled for June 2026 and practical completion targeted for November 2026. Atlassian is expected to occupy five of the seven habitats from late 2028 following fit-out.

Business Parks & Technology Hubs

Mariyung Fleet (New Intercity Fleet)
Category: Transport & Logistics
Stage: Construction | Est. Comp: 2027
Source / Links: Link 1   Link 2  

The Mariyung Fleet is a 610-carriage double-deck electric train fleet (D sets) replacing the ageing V-set and Oscar fleets across the NSW intercity network. Delivered by the RailConnect NSW consortium (UGL, Hyundai Rotem, Mitsubishi Electric Australia), the trains feature wider 2x2 seating with arm rests, tray tables and cup holders, charging ports, dedicated luggage, pram and bicycle spaces, accessible toilets, dedicated wheelchair spaces, CCTV, digital information screens and Automatic Selective Door Operation. The fleet operates in 4, 6, 8 or 10-car formations.Passenger services commenced on the Central Coast & Newcastle Line on 3 December 2024, on the Blue Mountains Line on 13 October 2025, and on the South Coast Line on 14 April 2026. The South Coast Line rollout begins with seven 4 and 6-car sets, scaling to 16 trains by 2027 with 8-car sets later in 2026 and 10-car configurations in 2027. The project includes the Kangy Angy Maintenance Facility (operated by UGL on a 15-year contract) and extensive corridor upgrades including platform extensions, signalling modifications, balise installation and overhead wiring works.

Transport & Logistics

The Post House
Category: Business Parks & Technology Hubs
Stage: Construction | Est. Comp: 2028
Source / Links: Link 1   Link 2  

A 45-storey mixed-use tower in the Tech Central precinct, also known as TOGA Central. The development integrates the heritage-listed former Parcels Post Office and delivers 29,228sqm of premium office space, a 204-key boutique hotel, and ground-floor/podium retail. Key features include a rooftop pool, day spa, gym, and the new public Henry Deane Plaza. The project targets a 6-star Green Star and 5.5-star NABERS Energy rating.

Business Parks & Technology Hubs

Harbourside Redevelopment by Mirvac
Category: Precincts & Urban Renewal
Stage: Construction | Est. Comp: 2027
Source / Links: Link 1   Link 2  

A $2 billion transformative mixed-use redevelopment of the former Harbourside Shopping Centre at Darling Harbour, delivered as a 50/50 joint venture between Mirvac and Mitsubishi Estate Co. The project delivers 87,000 sqm of gross floor area including 45,000 sqm of commercial and retail space and 42,000 sqm of residential in a 48-storey tower with approximately 260 luxury apartments and penthouses. The precinct features 10,000 sqm of public open space including a 3,500 sqm waterfront park, a widened promenade, a new laneway network, and 6,000 sqm of green roofs.A 4,000 sqm conference and events centre is also included. The tower core structure passed Level 20 as of late 2025 and the final major development application (SSDA No. 03 Public Domain) was approved by the Independent Planning Commission in June 2025. Staged completion is expected from 2026/2027. The precinct is designed by Snohetta and Hassell Studio.

Precincts & Urban Renewal

apt.Broadway
Category: Communities
Stage: Dev. Approval | Est. Comp: 2027
Source / Links: Link 1   Link 2  

Adaptive reuse of a circa 1910 heritage Grace Brothers warehouse at 1-3 Smail Street, Ultimo, into 160 co-living rental rooms. Designed by AJC Architects with interiors by Alexander and Co, the development targets 5 Star Green Star and Gold WELL ratings and will operate on 100% renewable energy. Amenities include a wellness centre, co-working hub, communal dining areas, and a rooftop terrace. A portion of rooms are allocated to creative and performing arts workers, with 15 permanently affordable homes for low-income earners.Part of a broader $240m+ Ultimo precinct with an adjoining Mountain Street site acquired by apt.Residential in May 2025.

Communities

DigiCo SYD1 Data Centre Expansion (88MW D&O Project)
Category: Business Parks & Technology Hubs
Stage: Under Assessment | Est. Comp: 2027
Source / Links: Link 1   Link 2  

Expansion and optimisation of the existing DigiCo SYD1 (formerly Global Switch) data centre campus to increase total IT capacity to 88MW through vertical extensions and internal reconfigurations. The State Significant Development Application (SSD-69637456) for the 47.5MW capacity increase and two additional levels is under assessment. Separately, a 9MW expansion of liquid-cooled capacity is underway for delivery in early Q4 FY26 (mid-2026).

Business Parks & Technology Hubs

Cockle Bay Park (Cockle Bay Wharf Redevelopment)
Category: Communities, Precincts & Urban Renewal
Stage: Approved | Est. Comp: 2029
Source / Links: Link 1   Link 2  

A state-significant transformation of Cockle Bay Wharf into a vibrant mixed-use precinct. The project features a 183-metre commercial tower providing 75,000 sqm of premium office space, a 14,000 sqm retail and entertainment podium, and over 15,000 sqm of public open space, including a 5,500 sqm elevated park bridging the Western Distributor to reconnect the CBD with the waterfront.

Communities, Precincts & Urban Renewal

Jobs & IndustryEmployment Trends in Ultimo

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6,237 residents of Ultimo are employed, from a labour force of 6,388. Unemployment sits at 2.4%, with participation at 63.9%. Weighted for its industry mix, the area's sectors are forecast to grow about 6.8% nationally over five years. That reflects industry composition only and makes no allowance for local population growth, so in an area growing as fast as this one it understates the likely rise in local jobs. The working-day population is estimated at 18,034, about 171% of the resident population, so the area draws in more workers than it sends out. Unemployment and labour force come from ABS Small Area Labour Markets, updated quarterly; the industry and occupation profile is from the 2021 Census.

Detail

Ultimo possesses a highly qualified workforce, with the tech sector showing notably strong representation, an unemployment rate of only 2.4%, and an estimated job growth of 1.7% over the preceding year, according to AreaSearch regional data. In March 2026, there are 6,237 employed residents, and the unemployment rate is 1.8% lower than the Greater Sydney mark of 4.1%, while workforce participation is considerably lower (63.9% versus 69.1% in Greater Sydney). Census returns indicate that a high 47.8% of the workforce operated from home, though this may have been influenced by COVID-19 restriction periods.

Local jobs are heavily concentrated in professional & technical services, accommodation & food, and education & training. The community shows an exceptionally high concentration in accommodation & food, where employment is 2.6 times the regional average. Conversely, health care & social assistance has a low presence, accounting for just 8.3% of the local workforce compared to 14.1% across Greater Sydney. With 2.0 workers for every local resident at the Census, the locality operates as an employment center, containing more jobs than residents and drawing in workers from neighboring suburbs. According to AreaSearch analysis of SALM and ABS statistics aggregated from regional datasets, employment rose by 1.7% and the labor force grew by 0.9% over the 12 months to March 2026, leading to a 0.8 percentage point decrease in the unemployment rate. Conversely, Greater Sydney recorded a 1.9% rise in employment and a 1.9% expansion in the labor force, alongside a tiny reduction. National employment predictions from Jobs and Skills Australia published in May-25 offer additional context on future demand in Ultimo. These forecasts, spanning five and ten-year horizons, have been aligned with the local employment mix to project growth paths. While national employment is projected to grow by 6.6% over five years and 13.7% over ten years, the rates of change vary widely by industry. Projecting these industry-specific trends onto the local job mix indicates that local employment should grow by 6.8% over five years and 13.7% over ten years (note that this represents a basic weighted projection for visualization and does not incorporate local population forecasts).

Frequently Asked Questions - Employment

What is the employment situation in the suburb of Ultimo?
As of March 2026, the suburb of Ultimo has approximately 6,237 employed residents with an unemployment rate of 2.4%. This very low unemployment rate indicates a tight labour market with strong demand for workers. The area ranks in the top 25% nationally for employment performance, indicating a robust job market.
How does the suburb of Ultimo's unemployment rate compare to the broader region?
As of March 2026, the unemployment rate in the suburb of Ultimo stands at 2.4%, which is 1.8 percentage points below Greater Sydney's rate of 4.1%. This lower unemployment rate suggests stronger local employment conditions. For comparison, the national unemployment rate is 4.2%.
What are the major employment sectors in the suburb of Ultimo?
The employment landscape in the suburb of Ultimo is dominated by several key sectors. The largest employers are professional & technical (16.4% of employment), accommodation & food (15.2%), and education & training (9.6%). Other significant employers include retail trade and health care & social assistance.
How has employment changed recently in the suburb of Ultimo?
Over the past year to March 2026, the suburb of Ultimo has experienced employment growth, with total employment increasing while the labour force increased. As a result, the unemployment rate has fall. By comparison, Greater Sydney saw employment increased and its unemployment rate dropped.
What is the workforce participation rate in the suburb of Ultimo?
The workforce participation rate in the suburb of Ultimo is 63.9%, which represents the proportion of working-age residents who are either employed or actively seeking work. This healthy participation rate reflects good employment opportunities and workforce engagement. The local rate trailing the Greater Sydney average of 69.1%, suggesting potential for increased workforce participation.
Which industries are over-represented in the suburb of Ultimo's employment market?
The suburb of ultimo shows notable specialization in accommodation & food, which employs 15.2% of the local workforce compared to 5.8% regionally. With a local vs regional employment ratio of 2.6, this represents a significant industry cluster that likely serves markets beyond the local area. The area also shows above-average employment in 1 other sectors, contributing to a distinctive economic profile.
What are the employment growth prospects for the suburb of Ultimo?
Based on Jobs and Skills Australia projections applied to the suburb of Ultimo's industry mix, employment is expected to grow by 6.8% over the next five years and 13.7% over ten years. This exceeds the national forecast of 6.6% over five years, suggesting the area's industry composition is well-positioned for future growth. Steady growth is anticipated across multiple sectors, providing diverse employment opportunities.
How does the job market in the suburb of Ultimo compare nationally?
The suburb of ultimo's employment market shows strong performance nationally, ranking in the top 25% of areas assessed by AreaSearch. This indicates robust employment conditions and economic vitality compared to other regions. Recent job advertisement trends show the broader employment region saw a 5.9% decline, ranking 29.0th out of 37 regions nationally.
What employment opportunities exist for skilled workers in the suburb of Ultimo?
Skilled workers will find excellent opportunities in the suburb of Ultimo, with knowledge-intensive sectors comprising 45.3% of local employment. Key sectors for skilled workers include professional & technical (16.4%), education & training (9.6%), and health care & social assistance (8.3%). With projected employment growth of 6.8% over five years, demand for skilled workers is expected to remain strong.

EarningsHousehold Income in Ultimo

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Median household income in Ultimo is $1,805 a week (about $94,000 a year), with median personal income at $772 a week. ATO records put median taxable income at $41,108 a year against an average of $61,333. The average runs 49% above the median, a wider spread than most areas and a sign of a concentrated group of high earners. Household income is from the 2021 Census; taxable income is from ATO Taxation Statistics for the latest financial year available, indexed forward using the ABS Wage Price Index.

Detail

According to the most recent postcode level ATO statistics published for financial year 2023, the suburb of Ultimo has a median taxpayer income of $41,108, alongside an average of $61,333. This stands below the national benchmark, and compares to a median of $60,817 and an average of $83,003 in Greater Sydney. Accounting for Wage Price Index growth of 10.32% since financial year 2023, current projections point to approximately $45,350 (median) and $67,663 (average) as of March 2026. Based on 2021 Census data, household, family, and individual incomes are all relatively modest in Ultimo, falling between the 43rd and 53rd percentiles.

In terms of distribution, the $1,500 - 2,999 weekly income bracket contains 32.7% of the population (3,444 individuals), which matches the broader region where this segment comprises 30.9%. Financial pressure from housing is high, leaving residents with only 75.4% of their income, which ranks in the 43rd percentile, while the SEIFA index places the area in the 7th decile for income.

Frequently Asked Questions - Income

What is the median taxable income in the suburb of Ultimo?
Based on Wage Price Index adjustments to March 2026, the estimated median taxable income in the suburb of Ultimo is approximately $45,350. The official ATO data from FY-23 recorded a median of $41,108.
What is the average taxable income in the suburb of Ultimo?
Based on Wage Price Index adjustments to March 2026, the estimated average taxable income in the suburb of Ultimo is approximately $67,663. The official ATO data from FY-23 recorded an average of $61,333.
How does the median taxable income in the suburb of Ultimo compare to the region?
Based on Wage Price Index adjustments to March 2026, the estimated median taxable income in the suburb of Ultimo is approximately $45,350 compared to $67,093 in Greater Sydney. The official ATO data from FY-23 shows $41,108 and $60,817 respectively.
How does the average taxable income in the suburb of Ultimo compare to the region?
Based on Wage Price Index adjustments to March 2026, the estimated average taxable income in the suburb of Ultimo is approximately $67,663 compared to $91,569 in Greater Sydney. The official ATO data from FY-23 shows $61,333 and $83,003 respectively.
What are the main income cohorts in the suburb of Ultimo according to the 2021 Census?
As per the 2021 Census, the income bracket containing the largest proportion (~32.7% / 3,444 persons) of the suburb of Ultimo's population is the $1,500 - 2,999 cohort.
How do the main income cohorts in the suburb of Ultimo compare to the region?
The largest income cohort in the suburb of Ultimo is the $1,500 - 2,999 group, representing about 32.7% of the population. In comparison, Greater Sydney's largest income cohort is the $1,500 - 2,999 group, representing 30.9% of its population, according to the 2021 Census.
What is the median household income in the suburb of Ultimo according to the 2021 Census?
The 2021 Census data indicates that the median household income in the suburb of Ultimo is $1,805/wk.
What is the median family income in the suburb of Ultimo according to the 2021 Census?
According to the 2021 Census, the median family income in the suburb of Ultimo is $2,197/wk.
What is the median personal income in the suburb of Ultimo according to the 2021 Census?
The 2021 Census shows that the median personal income in the suburb of Ultimo is $772/wk.
How does the suburb of Ultimo's income rank nationally?
As per AreaSearch's latest postcode level ATO data released for FY-23, the suburb of Ultimo's median income among taxpayers is $41,108, with an average of $61,333. This is below the national average, and compares to Greater Sydney's median of $60,817 and average of $83,003. Based on Wage Price Index growth of 10.32% since FY-23, current estimates would be approximately $45,350 (median) and $67,663 (average) as of March 2026.
What is the disposable income in the suburb of Ultimo?
The estimated disposable income in the suburb of Ultimo is $5,896 per year according to AreaSearch analysis.
How does the suburb of Ultimo's disposable income compare to the region?
The suburb of ultimo's disposable income is $5,896 compared to $7,412 for Greater Sydney, based on AreaSearch analysis.

Housing StockHousing & Dwellings in Ultimo

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Ultimo had 2,926 occupied dwellings at the 2021 Census, 0% detached houses and 88% apartments. 13% are owned with a mortgage, 73% rented and 13% owned outright. At that Census the median rent was $500 a week and the median mortgage repayment $2,500 a month, a total housing cost higher than 96% of areas nationally. Rent absorbs 27.7% of household income here and mortgage repayments 32.0%. Dwelling stock, tenure and housing costs are 2021 Census measures — the only source that counts dwellings at this boundary size.

Detail

The mix of housing in Ultimo at the most recent Census was 0.2% standalone houses and 99.8% alternative dwellings (such as semi-detached properties, apartments, and other housing types), compared to the Sydney metro split of 55.9% houses and 44.1% alternative dwellings. Furthermore, the level of home ownership in Ultimo was below the Sydney metro level at 13.2%, with the rest of the properties being mortgaged (13.4%) or occupied by tenants (73.4%). The median monthly mortgage payment locally was higher than the Sydney metro average at $2,500, while the median weekly rent was $500, compared to Sydney metro levels of $2,427 and $470.

On a national scale, mortgage costs in Ultimo are much higher than the Australian average of $1,863, and rents are also well above the national median of $375.

Frequently Asked Questions - Housing

What percentage of homes are owned vs rented in the suburb of Ultimo?
In the suburb of Ultimo, 13.2% of homes are owned outright, 13.4% are owned with a mortgage, and 73.4% are rented.
What percentage of dwellings in the suburb of Ultimo are houses?
According to the latest data, 0.2% of dwellings in the suburb of Ultimo are houses.
What percentage of dwellings in the suburb of Ultimo are apartments or units?
In the suburb of Ultimo, 87.7% of dwellings are apartments or units, with an additional 11.7% being semi-detached dwellings.
What is the level of outright home ownership in the suburb of Ultimo?
Outright home ownership in the suburb of Ultimo stands at 13.2%, compared to 28.7% in Greater Sydney.
What is the median monthly mortgage repayment in the suburb of Ultimo?
The median monthly mortgage repayment in the suburb of Ultimo is $2,500, compared to $2,427 in Greater Sydney.
What is the median weekly rent in the suburb of Ultimo?
The median weekly rent in the suburb of Ultimo is $500, compared to $470 in Greater Sydney.
What is the distribution of rental prices in the suburb of Ultimo?
In the suburb of Ultimo, 3.2% of rentals are $0-149/week, 15.2% are $150-349/week, 58.6% are $350-649/week, 19.5% are $650-949/week, and 3.5% are $950+/week.
What is the average monthly housing cost in the suburb of Ultimo?
The aggregate monthly housing cost in the suburb of Ultimo is $1,925, which represents the average monthly cost across all housing types.
What percentage of income do residents spend on housing in the suburb of Ultimo?
In the suburb of Ultimo, households with mortgages typically spend 32.0% of their income on mortgage repayments, while renters spend 27.7% of their income on rent.
How crowded are homes in the suburb of Ultimo?
The average persons per bedroom ratio in the suburb of Ultimo is 1.2, indicating the level of household density.
How does housing affordability in the suburb of Ultimo compare to the region?
Housing affordability in the suburb of Ultimo shows mortgage holders spending 32.0% of income on repayments (vs 27.0% regionally), while renters spend 27.7% of income on rent (vs 22.6% regionally).
What types of dwellings are most common in the suburb of Ultimo?
The dwelling mix in the suburb of Ultimo consists of 0.2% detached houses, 11.7% semi-detached dwellings, 87.7% apartments, and 0.4% other dwelling types.
What is the weighted average housing cost based on tenure mix in the suburb of Ultimo?
Based on the area's tenure composition, the weighted average monthly housing cost is approximately $1,924. This accounts for outright owners paying no housing costs, mortgage holders paying $2,500/month, and renters paying $2,165/month.
How affordable is housing in the suburb of Ultimo relative to local incomes?
Housing in Ultimo consumes approximately 24.6% of median household income ($7,816 monthly), indicating costs are highly affordable. The generally accepted benchmark is that housing should not exceed 30% of household income.
How do proposed developments compare to existing housing types in the suburb of Ultimo?
Development activity remains minimal in this area with fewer than 5 recent applications recorded.

HouseholdsHousehold Composition in Ultimo

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Ultimo counted 2,926 households at the 2021 Census, an estimated 4,160 today, averaging 2.1 people each. 11% are couples with children, fewer than in 97% of areas nationally, against 27% couples without children. 37% of households are people living alone, and families average 0.4 children. Household and family composition is measured only by the Census, so these are 2021 figures.

Detail

Family households represent the largest share at 45.4% of the total, consisting of 10.5% couples with children, 27.1% couples without children, and 5.1% single parents. Non-family households account for the remaining 54.6%, with single-person households at 36.6% and shared group households making up 18.1% of the total. The median household size of 2.1 residents is smaller than the Greater Sydney average of 2.7.

Frequently Asked Questions - Households

How many households are in the suburb of Ultimo?
As of the 2021 Census, the suburb of Ultimo had 2,926 households. Based on population growth patterns, this has grown by approximately 42.2% to an estimated 4,160 households today.
What is the typical household size?
The median household size in the suburb of Ultimo is 2.1 people. This compares to 2.7 in Greater Sydney and reflects the area's household composition mix.
What types of households are most common?
Family households dominate at 45.4% of all households. The remaining households consist of lone person households (36.6%), group households (18.1%), and other household types (0.0%).
How are families structured in the area?
Among the 1,328 family households, 10.5% are couples with children, 27.1% are couples without children at home, and 5.1% are single parent families. This mix shapes local demand for schools, family services, and housing types.
How does the suburb of Ultimo compare to regional household patterns?
Compared to Greater Sydney, the suburb of Ultimo shows distinct household patterns. Group households are notably over-represented at 18.1% (versus 4.2% regionally). Conversely, family households are under-represented at 45.4% compared to the regional 72.6%. The prevalence of shared households suggests a younger demographic or affordability considerations.
What is the average family size?
Families in the suburb of Ultimo have an average of 0.4 children, slightly below the Greater Sydney average of 1.5. This influences local demand for child-related services and larger family homes.
What are the marriage patterns in the suburb of Ultimo?
Marriage patterns reveal 23.3% of the adult population are currently married, while 67.0% have never married. This compares to 48.3% married and 36.4% never married across Greater Sydney.
How significant are single-person households?
Single-person households represent 36.6% of all households in the suburb of Ultimo, higher than the regional average of 23.2%. This affects demand for smaller dwellings and single-person accommodation.
Are shared living arrangements common?
Group households (unrelated people sharing) account for 18.1% of households, well below the Greater Sydney average of 4.2%. This low rate suggests limited student or young professional shared accommodation.
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EducationSchools & Education in Ultimo

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57.2% of adults in Ultimo hold a university qualification, including 36.1% with a bachelor degree and 18.9% with postgraduate qualifications, higher than 96% of areas nationally. A further 7.6% hold a vocational qualification. 3 schools serve the area, with 1,790 enrolment places and an average ICSEA of 1,138 against a national benchmark of 1,000. Qualifications come from the 2021 Census; school enrolments, ICSEA and results come from ACARA's current release.

Detail

Level of education in Ultimo is much higher than the broader averages, with 57.2% of residents aged 15+ holding a university degree, compared to 30.4% across Australia and 32.2% in NSW. This major educational lead leaves the locality well placed for knowledge-sector opportunities. Bachelor degrees are the most common at 36.1%, followed by postgraduate degrees (18.9%) and graduate diplomas (2.2%). Vocational training represents 19.6% of qualifications for those aged 15+ – consisting of advanced diplomas (12.0%) and certificates (7.6%). Enrolment in education is remarkably high, with 45.6% of inhabitants currently undertaking formal study.

This includes 24.0% attending tertiary institutions, 2.7% in primary school, and 1.6% in secondary school.

Frequently Asked Questions - Education

What percentage of people in the suburb of Ultimo have university qualifications?
57.2% of people aged 15 and over in the suburb of Ultimo have university qualifications, compared to 38.0% in the broader region.
What percentage of people in the suburb of Ultimo have no formal qualifications?
23.3% of people aged 15 and over in the suburb of Ultimo have no formal qualifications, compared to 34.2% regionally.
How does the suburb of Ultimo's education level compare to national averages?
The suburb of ultimo ranks in the 96th percentile nationally for education based on AreaSearch's analysis of qualification and performance metrics.
What types of qualifications are most common in the suburb of Ultimo?
The most common qualifications in the suburb of Ultimo are: Bachelor Degree (36.1%), Postgraduate (18.9%), Advanced Diploma (12.0%).
What proportion of the suburb of Ultimo's population is currently attending educational institutions?
45.6% of the population in the suburb of Ultimo is currently engaged in formal education, with 2.7% in primary school, 1.6% in secondary school, 24.0% at university.
What is the ICSEA score for schools in the suburb of Ultimo?
The average ICSEA (Index of Community Socio-Educational Advantage) score for schools in the suburb of Ultimo is 1138, indicating above-average socio-educational advantage compared to the national average of 1000.
How many schools are located within the suburb of Ultimo?
There are 3 schools within the suburb of Ultimo, with a combined enrollment of approximately 1,790 students.
What types of schools are available in the suburb of Ultimo?
The suburb of ultimo includes 1 primary school, 1 secondary school, 1 combined school.

Schools Detail

AmenitiesServices & Amenities in Ultimo

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Getting AroundTransport & Commuting in Ultimo

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Public transport in Ultimo reaches 14 stops on 34 routes, timetabled for about 10,600 services a week. The typical home sits about 140 m from its nearest stop. Buses carry the largest share of public transport commuters. Households keep an average of 0.2 vehicles. Stop and service counts are built from operators' published GTFS timetables and refresh with each timetable release; vehicle ownership is from the 2021 Census.

Detail

Analysis of public transit options indicates 14 active stops operating in Ultimo, consisting of various bus options. These transit points are serviced by 34 separate routes, which combine to support 10,627 passenger trips per week. Transit access is classified as excellent, with residents generally living 136 meters from the nearest stop. Because the suburb is mostly residential, the majority of workers commute to other areas, with walking being highly popular at 26%, and 22% using trains. Vehicle ownership stands at an average of 0.2 per home, below the metropolitan average.

A high 47.8% of residents worked from home (2021 Census; this may reflect COVID-19 trends). Service frequency averages 1,518 runs per day across all transit lines, which represents roughly 759 weekly trips per active stop.

Frequently Asked Questions - Transport

How many public transport stops are in Ultimo?
There are 14 public transport stops within the suburb of Ultimo.
How frequent are the transport services in Ultimo?
the suburb of Ultimo has 10,627 weekly trips across 34 routes, averaging 1,518 trips per day.
How far are residents from public transport in Ultimo?
On average, residential properties are 136 meters from the nearest transport stop.

Transport Stops Detail

HealthcareHealth Services in Ultimo

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85.5% of residents in Ultimo report no long-term health condition, a healthier profile than 87% of areas nationally. 2.0% need daily assistance with core activities, and 51.2% hold private health cover. The standardised death rate runs at 4.6 per 1,000 residents. Health conditions, assistance needs and insurance are 2021 Census measures; the death rate comes from current ABS releases.

Detail

Health metrics show excellent outcomes throughout Ultimo, according to AreaSearch analysis of mortality statistics and chronic illness rates, which indicates very low levels of common health issues across all age brackets, while the rate of private health insurance is relatively low at about 51% of the population (~5,394 people). This compares to 59.9% across Greater Sydney. The most common health conditions in the locality are mental health difficulties and asthma, affecting 5.8 and 4.8% of residents, respectively, while 85.5% of the population reported no chronic medical conditions compared to 74.6% in Greater Sydney.

Residents aged 65 and over make up 4.3% of the community (452 people), which is lower than the Greater Sydney figure of 15.5%. Senior health outcomes are especially strong, with national rankings exceeding those of the general local population.

Frequently Asked Questions - Health

How many people in the suburb of Ultimo have private health insurance?
Around 51.2% of people in the suburb of Ultimo are covered by private health insurance, which compares to 59.9% in the broader region of Greater Sydney.
What percentage of the population requires ongoing medical assistance in the suburb of Ultimo?
In the suburb of Ultimo, 2.0% of the population is identified as requiring ongoing medical assistance. This figure is slightly different from the regional average, where 5.2% of people in Greater Sydney require similar assistance.
How prevalent is asthma in the suburb of Ultimo?
4.8% of people in the suburb of Ultimo are diagnosed with asthma. In comparison, 6.4% of the population across Greater Sydney is affected by asthma.
What percentage of people have diabetes in the suburb of Ultimo?
Diabetes affects 1.6% of the the suburb of Ultimo population, while in the surrounding region, 4.3% of people are diagnosed with diabetes.
What is the percentage of people with heart disease in the suburb of Ultimo?
1.0% of people in the suburb of Ultimo have heart disease. Across the region of Greater Sydney, 3.2% of the population is affected by heart disease.
How does the suburb of Ultimo compare to the region in terms of overall private health coverage?
In the suburb of Ultimo, 51.2% of the population are estimated to have private health insurance. Comparatively, Greater Sydney sees an estimated private health coverage rate of 59.9%.

Ancestry & LanguageCultural Diversity in Ultimo

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71.2% of Ultimo residents were born overseas and 62.7% speak a language other than English at home, more culturally diverse than 97% of areas nationally. The largest reported ancestries are Chinese (27.7%) and English (11.9%). Ancestry, language and country of birth are counted only by the Census, so these are 2021 figures.

Detail

Ultimo ranks among the most multicultural communities in the nation, with 62.7% of residents speaking a non-English language at home and 71.2% born outside Australia. Christianity is the main religion, practiced by 22.2% of local residents. However, the most notable variation is in Buddhism, which is followed by 13.9% of the population, a level much higher than the Greater Sydney average of 4.1%. Looking at ancestral backgrounds (parental country of birth), the three largest groups in Ultimo are Chinese, representing 27.7% of the community, which is far above the regional average of 8.4%, Other, at 24.2%, which is also much higher than the regional level of 16.0%, and English, at 11.9%, which is significantly below the regional average of 19.0%.

There are also clear differences in the size of other ethnic communities: Spanish ancestry is higher at 1.1% of Ultimo (vs 0.6% regionally), Korean is at 1.7% (vs 1.1%), and Russian is at 0.6% (vs 0.4%).

Frequently Asked Questions - Diversity

What is the level of cultural diversity in the suburb of Ultimo?
Ultimo is among the most culturally diverse areas in the country, with 62.7% of its population speaking a language other than English at home and 71.2% born overseas.
What is the most common religion in the suburb of Ultimo?
The main religion in Ultimo was found to be Christianity, which makes up 22.2% of people in Ultimo. However, the most apparent overrepresentation was in Buddhism, which comprises 13.9% of the population, substantially higher than the Greater Sydney average of 4.1%.
What are the top countries of origin in the suburb of Ultimo?
In terms of ancestry (country of birth of parents), the top three represented groups in Ultimo are Chinese, comprising 27.7% of the population, which is substantially higher than the regional average of 8.4%, Other, comprising 24.2% of the population, which is substantially higher than the regional average of 16.0%, and English, comprising 11.9% of the population, which is notably lower than the regional average of 19.0%. Additionally, there are notable divergences in the representation of certain other ethnic groups: Spanish is notably overrepresented at 1.1% of Ultimo (vs 0.6% regionally), Korean at 1.7% (vs 1.1%) and Russian at 0.6% (vs 0.4%).
How does the percentage of people born overseas compare to the regional average?
71.2% of the the suburb of Ultimo population was born overseas, compared to 40.5% regionally.
What percentage of the the suburb of Ultimo population speaks a language other than English at home?
62.7% of the population in the suburb of Ultimo speaks a language other than English at home, compared to 39.5% in the wider region.
How many people in the suburb of Ultimo identify as Australian Aboriginal?
0.9% of the the suburb of Ultimo population identifies as Australian Aboriginal, compared to 1.3% in the region.
What is the citizenship status of the population in the suburb of Ultimo?
45.8% of the the suburb of Ultimo population holds citizenship, compared to 80.8% in the wider region.

Age StructureAge Profile of Ultimo

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The median resident of Ultimo is 27, younger than 96% of areas nationally. That is 3 years younger than at the 2021 Census. 68.6% of residents are aged 15 to 34. Age cohorts are not raw Census counts: the Census split is re-based to the latest ABS population estimates and state projections.

Detail

With a median age of 27 years, Ultimo is significantly younger than the Greater Sydney average of 37 and the national average of 38 years. Compared to Greater Sydney, Ultimo has a larger share of residents aged 25 - 34 (37.8%) but fewer children aged 5 - 14 (2.9%). This concentration of 25 - 34 year-olds is much higher than the national share of 14.6%. Since the 2021 Census, the local population has grown younger, with the median age dropping 3.1 years from 30 to 27. In particular, the 15 to 24 age bracket rose from 20.6% to 30.8% of the population, while the 25 to 34 group increased from 35.8% to 37.8%.

In contrast, the 35 to 44 age bracket fell from 17.3% to 13.5% and the 45 to 54 cohort decreased from 8.1% to 5.0%. Demographic projections show that the age profile in Ultimo will change considerably by 2041. The 35 to 44 age group is expected to grow significantly, increasing by 1,082 people (76%) from 1,422 to 2,505. On the other hand, the 25 to 34 group is projected to shrink by 862 people.

Frequently Asked Questions - Age

What is the median age in the suburb of Ultimo?
According to the latest data, the median age in the suburb of Ultimo is 27 years.
How does the suburb of Ultimo's median age compare to broader areas?
At 27 years, Ultimo is 10 years younger than the Greater Sydney average (37 years) and 11 years younger than the national average (38 years).
What age groups are over-represented in the suburb of Ultimo?
The most over-represented age group in the suburb of Ultimo compared to the Greater Sydney region is the 25 - 34 group, making up 37.8% of the population.
What age groups are under-represented in the suburb of Ultimo?
The most under-represented age group in the suburb of Ultimo compared to the Greater Sydney region is the 5 - 14 group, making up 2.9% of the population.
Are there age groups with notable population variances?
Yes, certain age groups in the suburb of Ultimo show significant variance compared to the Greater Sydney region. The most over-represented age groups are 25-34 year-olds (37.8% vs 16.1%) and 15-24 year-olds (30.8% vs 13.2%). The most under-represented age groups are 5-14 year-olds (2.9% vs 11.9%) and 65-74 year-olds (2.2% vs 8.1%).
What is the percentage of children (0-14 years) in the suburb of Ultimo?
The percentage of children aged 0-14 years in the suburb of Ultimo is 5.0%.
What is the percentage of older people (65+ years) in the suburb of Ultimo?
The percentage of people aged 65 and over in the suburb of Ultimo is 4.3%.

Data & MethodBoundaries, Sources & Method for Ultimo

Data currency Refreshed

9 of 14 data sections on this page were updated within the last 12 months — the newest current to Aug 2026.

Everything is aggregated to the Suburb (SAL) boundary shown above, on a 2021 Census baseline. Only 3 sections — housing, households and cultural diversity — still wait on the 2026 Census.

The ledger — source, cycle and currency by section

Section Source & update cycle Currency
Updated within the last 12 months 9 sections
Population ABS, GNAF, Geoscience Australia Annual (ABS ERP) May 2026 3 months ago headline measures · 2021 Census baseline
Re-based to the ABS Estimated Resident Population (June 2025 release) and updated with new dwellings from GNAF address data. Current to May 2026, with the 2021 Census supplying the small-area baseline.
Age profile ABS, Geoscience Australia, State governments Annual May 2026 3 months ago headline measures · 2021 Census baseline
Age cohorts are re-based to the latest ABS population estimates and state projections, current to May 2026. Each cohort is held as a Census baseline and a current estimate.
Development & approvals ABS, GNAF Monthly (ABS approvals) Jun 2026 2 months ago headline measures · May 2026 baseline
Property sales & rents Valuer General, Rental Board, ABS Weekly sales, quarterly rents Aug 2026 this month all 21 measures
Sales from the state Valuer General register, refreshed weekly, and rents from quarterly rental bond lodgements. Both are read live each time this page loads, current to Aug 2026.
Infrastructure projects Infrastructure Australia, State agencies, Local governments Daily Aug 2026 this month all 6 projects tracked here
Project pipeline maintained continuously from Infrastructure Australia, state agencies, local government and public announcements. Records are added and revised daily; this area was last updated Aug 2026.
Employment ABS, DEWR, JSA Quarterly (ABS SALM) Mar 2026 5 months ago headline measures · 2021 Census baseline
Unemployment and labour force from ABS Small Area Labour Markets, current to Mar 2026. The growth outlook applies Department of Employment (now Jobs and Skills Australia) forecasts for all 19 industry divisions to the local industry mix, so it measures sector composition rather than local expansion and makes no allowance for population growth. Job demand comes from the same agency via its Internet Vacancy Index; industry and occupation structure from the 2021 Census.
Education ABS, ACARA Annual (ACARA) Aug 2026 this month headline measures · 2021 Census baseline
Transport ABS, State Transport Departments Each timetable release Jul 2026 last month headline measures · 2021 Census baseline
Services & amenities Provider directories, ACECQA Continuous Jul 2026 last month all 14 measures
Annual and financial-year sources 2 sections
Income ABS, ATO Annual (ATO) FY 2023 3 years ago headline measures · 2021 Census baseline
ATO taxable income statistics for FY 2023, indexed forward using the Wage Price Index. Census household income provides the distribution detail.
Health ABS, ATO Annual 2024 2 years ago headline measures · 2021 Census baseline
Census-measured — next update: 2026 Census 3 sections No more current small-area source exists for these, so they are labelled as Census-measured rather than implied to be current.
Housing ABS 5-yearly (Census) 2021 Census next update 2026 all 30 measures
Households ABS 5-yearly (Census) 2021 Census next update 2026 all 18 measures
Cultural diversity ABS, Geoscience Australia 5-yearly (Census) 2021 Census next update 2026 all 44 measures

"Currency" is the most recent release feeding that section. Where the Census supplies the structural baseline underneath a current headline figure, the row says so.

How the numbers are built

Population

The Census provides the small-area baseline, aggregated from mesh blocks to this boundary. It is then re-based to the ABS Estimated Resident Population (June 2025 release), and new dwellings built since Census night are counted from address data. The headline figure is therefore a current estimate for May 2026, not a 2021 count (7,410 at the 2021 Census → 10,534 now). Annual growth rates are compound (CAGR), not simple averages.

Age profile

Cohort shares are not raw Census counts. Every cohort is held as a pair — the Census baseline and a current estimate — and the split is re-based using ERP and state population projections, current to May 2026. Median age is the Census median plus modelled change since. Charts that show both are labelled "2021 Census vs Current Estimate".

Property sales

Sourced from the state valuation authority's sales register — current, not Census, and refreshed weekly. Medians are calculated from settled transactions in the period shown; periods with very low transaction counts are flagged or suppressed, because a handful of sales can move a median substantially.

Rents

Derived from state rental bond lodgement data, by dwelling type and bedroom count. Bonds are lodged at the start of a new tenancy, so this reflects new lettings, not the whole rented stock.

Development & infrastructure

Building approvals come from current ABS releases; development applications are collected from council and state planning portals; the infrastructure pipeline is compiled from Infrastructure Australia and local government sources. Applications are matched to this boundary by address or coordinates, so very recent lodgements may not yet appear.

Employment & income

Industry and occupation structure comes from the Census, but the headline labour-market indicators do not. Unemployment and labour force are derived from ABS Small Area Labour Markets (quarterly). The employment outlook applies Department of Employment forecasts for all 19 industry divisions to this area's own industry mix (the agency is now Jobs and Skills Australia), as does the Internet Vacancy Index used for job demand. Because it is weighted on industry composition alone, that outlook carries no allowance for local population growth — in fast-growing areas the real rise in local jobs will typically be higher. Income combines Census household income with ATO taxable-income statistics for FY 2023, indexed forward using the Wage Price Index.

Education, transport & amenities

School enrolments, ICSEA and performance come from ACARA's current release, not the Census. Public transport stops and service frequency are derived from GTFS timetable feeds published by state transport departments. Services and amenities are proximity and count scores built from provider directories, refreshed on their own cycle. The Census contributes only the travel-to-work and qualification measures.

Rankings and benchmarks. Where we rank this area, the comparison set is every area of the same boundary type — suburbs against suburbs, SA2s against SA2s. Benchmarks compare this area against its greater capital city region and the national figure for the same measure and period.

Limits worth knowing. Small areas carry larger error margins, and the ABS introduces small random adjustments to Census counts to protect confidentiality — so totals may not sum exactly. Estimates re-based from regional data describe the area's expected trajectory, not a direct count of it. Figures are indicative for research and are not financial, planning or valuation advice.

Cross-check us. The Census baseline for this boundary is at ABS 2021 Census QuickStats (SAL14024). QuickStats reports 2021 only — the figures on this page are more current wherever the ledger shows a later date.

Common questions about this page

How do Ultimo suburb boundaries differ from Statistical Areas?
This page uses Suburbs and Localities (SAL) boundaries (suburb-style geography). SAL represents commonly-known suburb names used in addresses, while Statistical Areas (SA2) are designed for census/statistical reporting. Even when sharing the same name, SAL and SA2 boundaries often cover different geographic areas with different populations.
Where does the data on this Ultimo page come from?
AreaSearch compiles this page from official and industry sources — including ABS, Geoscience Australia, Valuer General, Provider directories, DEWR, JSA, State Transport Departments and ACARA — then aggregates them to the boundary shown and calculates the rankings, growth rates and benchmarks itself. Property sales come from the state valuation authority, rents from state rental bond lodgements, development applications from council and state planning portals, school data from ACARA, and public transport from state transport departments.
Is the Ultimo data on this page just from the 2021 Census?
No. Most of this page is maintained well beyond the Census. Sourced entirely from current releases: development & approvals (Jun 2026), property sales & rents (Aug 2026), infrastructure projects (Aug 2026) and services & amenities (Jul 2026). Built on a Census baseline but carrying newer measures on top: population (to May 2026), age profile (to May 2026), employment (to Mar 2026), income (to FY 2023), education (to Aug 2026), transport (to Jul 2026) and health (to 2024). Population and age cohorts in particular are re-based to the latest ABS Estimated Resident Population rather than left at 2021 counts. Only housing, households and cultural diversity remain wholly Census-based, because no more current small-area dataset exists for those measures.

Nearby Areas