Statistical Area 2 (SA2) · Area profile
Pyrmont
1 km²
High weekly incomes and a high proportion of luxury apartments define the professional character of Pyrmont. This inner-city area is a hub for well-educated young adults, with many working from home and a very high percentage of residents born overseas. It is a dynamic community where almost every home is within a short walk of essential services and public transport. The neighbourhood is predominantly composed of flats and apartments, reflecting its dense, urban setting in the heart of Sydney.
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The community is relatively young, with a typical resident aged 37 and far fewer children and seniors than the national average. De facto relationships are very common here, appearing at a rate well above the New South Wales and national figures.
More than half of residents were born overseas, a figure far above the national average. English and Chinese are the most common ancestries, and China is the most frequent country of birth outside Australia.
Language diversity is high, with 39.9% of people using another language at home, far exceeding the national figure of 22.3%. Mandarin and Cantonese are the most spoken non-English languages.
A large proportion of residents report no religion, at 44.3%, which is well above the national figure of 38.9%. Christianity remains the next most common affiliation at 33.4%.
The area is highly qualified, with 51.8% of adults holding a bachelor degree or higher, far above the national average of 26.3%. Most residents have completed Year 12, and many hold postgraduate degrees.
Pyrmont is a wealthy area where the typical household earns $2,422 a week, well above the national figure of $1,746. About 40% of households earn $3,000 or more weekly, among the highest proportions for similar areas.
Residents are in good health, with rates of long-term health conditions and mental health conditions well below those found in the rest of Australia. Only 2.6% of people need help with daily activities.
Unpaid care and housework are less common here than in most areas, which is consistent with the high number of young professionals. Only 12% of residents volunteer, which is a little below the national figure.
The First Nations community is small, though they have a much higher Year 12 completion rate (56.6%) and higher typical personal income compared to national figures. Unemployment among First Nations people here is 0.0%.
Homes are typically small, with only 2.1 people per household and a high number of people living alone. Almost half of all families are couples without children.
Apartments dominate the landscape, making up 93.7% of homes. Renting is very common at 61.7%, and weekly rents are among the highest in the region at typically $580.
The area is highly connected, with 52.4% of people working from home and 28.8% of homes having no car. Public transport use for commuting is a little above the national average.
Pyrmont is a highly mobile area, with 57% of people moving in the last five years. This is far above the national average and is helped by a high number of recent overseas arrivals.
Job prospects are strong, with 67% of adults working or looking for work. Employment is concentrated in professional and technical roles, as well as finance and insurance.
The area is ranked as having the highest overall advantage, supported by an exceptionally high score for education and job skills. It has also seen a population growth of 9% since 2021.
The local climate is mild, with average minimum temperatures well above the state average. Annual rainfall is also much higher than the New South Wales average.
Pyrmont is a walker's paradise with a score of 9.5. Every single home is within a 15-minute walk of groceries, health services, parks, and public transport.