City Fringe Apartments in Ultimo
Ultimo: Premium Location with Steady Returns
Why City Fringe Apartments in Ultimo?
Ultimo provides balanced investment returns with 4.6% rental yield and 6.4% projected growth in the current market.
Ultimo is particularly well-suited for buyers seeking city fringe apartments due to its strong market fundamentals, premium positioning, and excellent rental yields.
Key Benefits
Market Insights
City fringe apartments in Surry Hills, Chippendale, and Redfern deliver 4.5-5.5% rental yields, driven by CBD proximity (walkable), creative precinct demand from young professionals, and thriving hospitality/dining scenes on Crown Street and Cleveland Street.
Warehouse conversions command 20-35% premiums over generic high-rises, with buyers and tenants valuing exposed brick, high ceilings, and industrial heritage in tightly held precincts where rezoning limits new supply and preserves character.
Central Park Chippendale and Redfern Station renewal have driven 12-18% capital growth, with tech workers, students (UTS, Sydney Uni), and downsizers attracted by walkability, cultural amenity, and boutique community feel within 2km of CBD.
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