Affordable Apartments in Ultimo
Quality apartments under $600k in growth suburbs. First home buyer grants, stamp duty concessions, and expert value analysis.
$1100k
4.6%
6.4%
Why Choose Affordable Apartments in Ultimo?
Entry-level apartments under $600,000
First Home Buyer Grant eligibility
Reduced or no stamp duty available
Strong rental yields (4.5-5.5%)
Capital growth in emerging corridors
Low strata fees and maintenance costs
Ultimo Market Insights
Ultimo provides balanced investment returns with 4.6% rental yield and 6.4% projected growth in the current market.
Sydney's most affordable apartments cluster in Western and South-Western suburbs (Liverpool, Bankstown, Hurstville) where $450k-$550k secures modern 2BR units with parking, delivering 4.8-5.5% gross yields and access to Metro rail infrastructure.
First Home Buyer Grant ($10,000) combined with stamp duty concessions (nil for purchases under $650k) reduces effective purchase price by $30,000-$40,000, making suburbs like Wolli Creek, Arncliffe, and Wiley Park accessible at ~$520k for 1-2BR apartments.
Affordable precincts near new Metro stations (Bankstown line conversion, Western Sydney Airport corridor) are projected to deliver 8-12% annual capital growth through 2027, with Campsie, Belmore, and Lakemba offering exceptional value-to-amenity ratios.
Recent Sales in Ultimo
85/71 Main Street
Sold Price
$1,070,000
177/50 Main Street
Sold Price
$1,110,000
24/486 Main Street
Sold Price
$1,220,000
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Expert insights on affordable apartments in Ultimo