Unit 511, 243-271 Pyrmont STREET Pyrmont NSW 2009
This property is Off Market
- The Average property price in this area is $2,435,408, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 2.15 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential Land Contamination risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
- 10/23/2024 243 PYRMONT ST $381,500
- 10/21/2024 35 BOWMAN ST $3,000,000
- 10/15/2024 122 SAUNDERS ST $1,200,000
- 10/11/2024 2 BUNN ST $800,000
- 10/11/2024 120 PYRMONT ST $1,280,000
About Pyrmont - Ultimo
With an average age of 33, households expect an average monthly mortgage payment of $2,900 or a weekly rent payment of $510. The average family earns a weekly income of $2,750 with a typical household size of 1.7 and a 94.72% employment rate.
Consistent high demand relative to supply is a key feature in Pyrmont driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Pyrmont are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The high percentage of professional people in Pyrmont classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Pyrmont requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
Public Transport
Casino Wharf
Fish Market Wharf
Pyrmont Bay Wharf
Fish Market
John Street Square
The Star
Pyrmont Bay
Convention
Fish Market Wharf
Pirrama Park Wharf
General Points of Interest
Skyview Shopping Plaza
Australian Air Cadets Memorial
Gunyama Park Aquatic and Recreation Centre
Pelican
Wombat
Fanny Durack Aquatic Centre
Camperdown Fitness
War Memorial
Woolstores Alexandria Monument
Crone Architects
Population
(Country of Birth not stated 21%)
Are people healthy?
There are a recorded 1340 asthma sufferers and 650 people living with diabetes. In addition, 554 people have a heart/vascular condition and 1055 people live with three or more chronic diseases.A good place to invest in property?
Pyrmont - Ultimo a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
New South Wales State average 59 / 100
Income
56 / 100
31 / 100
Industry
68 / 100
22 / 100
Population
49 / 100
19 / 100
House Prices
88 / 100
60 / 100
Jobs
54 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsUltimo PS SSC Blackwattle Bay
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Glebe Public School
Glebe, NSW, 2037 State K-6 -
Ultimo Public School
Ultimo, NSW, 2007 State K-6 -
Sydney Secondary College Blackwattle Bay Campus
Glebe, NSW, 2037 State 11-12 -
International Grammar School
Ultimo, NSW, 2007 Independent K-12
Property Story
Unit 511, 243-271 Pyrmont Street, Pyrmont, Nsw, 2009 is a residential property . The estimated distance to the sea is 2.15km and at least 4.03KM to vegatation considered to be a factor in bushfire risk.Local Developments
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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