CensusAtlas

Ultimo · Statistical Area 2 (SA2)

Housing & Dwellings in Ultimo

Where and how people live — the homes, how they are held, and what they cost.

Nearly 87% of all homes in Ultimo are flats or apartments, making it an area dominated by high-density living. This concentration of apartments helps explain why the neighborhood has a very high proportion of renters and costs that sit well above the national figures.

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📍 Ultimo, Statistical Area 2 (SA2)

Where Ultimo sits — Median rent (weekly)

$500 —

All statistical area 2 (sa2) areas, 2021. The marker is Ultimo — higher than 88% of areas.

Ultimo$500
2007, NSW $500
New South Wales $420
Australia $375

Housing costs

Rents, mortgages and crowding.

Housing is expensive here, with typical weekly rents of $500 and monthly mortgage payments of $2,500. Both figures are much higher than most other areas and well above the national averages.

Weekly rent distribution

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In Ultimo, the largest group is $350–$549 at 43%, followed by $550–$749 (26%) and $750 or more (13%).

$350–$549 41.3% $550–$749 25.5% $750 or more 12.1% $200–$349 11.8% Under $200 5.9%

Monthly mortgage distribution

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Ultimo splits fairly evenly between $1,800–$2,999 (37%) and $3,000 or more (36%), with $1,000–$1,799 at 15%.

$1,800–$2,999 35.5% $3,000 or more 34.1% $1,000–$1,799 14.5% Under $1,000 11.7%

Owning & renting

How homes are owned or rented.

Renters make up 68.1% of households, a figure far above both the state and national levels. Meanwhile, only 12.4% of homes are owned outright, which is among the lowest proportions seen in similar areas.

How homes are owned or rented

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In Ultimo, Rented is the majority at 68%; Owned outright is next at 12%.

Types of homes

Houses, townhouses, apartments and bedrooms.

Small homes are the norm, with separate houses making up only 0.2% of the stock. Because homes with three or more bedrooms are far less common than across Australia, there are more people per bedroom, averaging 1.20.

Types of homes

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In Ultimo, Flat or apartment is the majority at 88%; Townhouse / semi-detached is next at 12%.

Bedrooms per home

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In Ultimo, the largest group is 2 bedrooms at 42%, followed by 1 bedroom (34%) and 3 bedrooms (15%).

2 bedrooms 40.1% 1 bedroom 32.3% 3 bedrooms 13.7% Studio / none 3.8% 4 bedrooms 3.0% 5 or more 1.4%

Sources

  • Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).

More for Ultimo

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Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in Ultimo [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/117031646/ultimo/topic/housing-dwellings