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Living in Ultimo, Sydney – Suburb Guide for Buyers, Sellers & Investors

Mar 31, 2025

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Located on the edge of Sydney’s CBD, Ultimo is a bustling, multicultural suburb offering a vibrant inner-city lifestyle. Known for its proximity to major universities, cultural hubs, and dining precincts, Ultimo is increasingly popular with students, professionals, and investors alike.

Demographics and Housing in Ultimo

Ultimo is home to a diverse population of multicultural residents. The area attracts a youthful demographic, due in part to its education facilities. A significant portion of Ultimo’s dwellings are medium to high-density apartments, making it ideal for those seeking low-maintenance, urban living.

Facilities and Local Lifestyle

Home to the University of Technology Sydney (UTS) and TAFE NSW Ultimo, the suburb has strong educational credentials. Community facilities like the Ultimo Community Centre provide recreational classes, events, and library services that help foster a close-knit community atmosphere.

Parks and Outdoor Spaces

Ultimo offers welcome green spaces for city dwellers. Wentworth Park is perfect for sport and dog walking, while The Goods Line provides a landscaped pedestrian route connecting the suburb to Darling Harbour. These public spaces make Ultimo a surprisingly leafy and walkable inner-city option.

Dining and Local Businesses

Harris Street is a hotspot for cafes, global eateries and small businesses, while Broadway Shopping Centre provides everything from fashion and supermarkets to cinemas. The nearby Darling Square precinct expands your choices even further, with high-end dining and late-night options.

Just a short stroll away, the iconic Paddy’s Markets in Haymarket offers everything from fresh produce to fashion and homewares. It’s a popular destination for locals and visitors alike looking for variety and value. Right next door, the newly opened Hay Street Market adds another layer of culinary excitement, with over 40 food stalls serving diverse cuisines in a vibrant, hawker-style setting. Together, these markets enrich Ultimo’s dynamic food scene and offer an accessible slice of Sydney’s multicultural flavours.

Transport and Connectivity

Ultimo enjoys exceptional public transport links. Central Station, one of Sydney’s key rail hubs, sits on the suburb's edge, offering easy access to the rest of the city and beyond. The Inner West Light Rail line runs through Ultimo, and several major bus routes service Broadway and Harris Street, ensuring residents are always well-connected.

Why Buy or Sell Property in Ultimo?

With strong rental demand, an unbeatable city-fringe location, and access to top-tier amenities, Ultimo presents a compelling option for both buyers and investors. Whether you're looking to buy, sell, or lease property in Ultimo, our experienced team can help you navigate the local market and secure the best outcome in this tightly held suburb.

 


Contact us today for a free property appraisal or to learn more about real estate opportunities in Ultimo, Sydney.

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