57/460-480 Jones Street · Ultimo NSW 2007

Currently listed — $895,000

2 bed · 1 bath · 2 car · ApartmentUnitFlat

View the live listing →

⏱ Days on market — this campaign

0 days since our daily sweep first saw this listing.

The portal's own campaign may have started slightly earlier than our first sighting. Longer campaigns tend to mean more negotiating room — the board's "Longest listed" sort exists for exactly that reason.

Rent evidence — asking vs transacted, Ultimo · postcode 2007

$935–$1250/wk is what 2-bed units in 2007 actually transact for (middle half of 39 bonds lodged, Q2 2026 · median $1150/wk — NSW Fair Trading, CC BY).

2019Q1 → 2026Q2: $560 → $750/wk · +5% over the last 12 months (latest four quarters averaged against the previous four) — quarterly new-tenancy medians for units in 2007, all bedroom counts pooled.

Asking rents are what agents hope for; bond figures are what tenants actually signed at (NSW Fair Trading bond lodgements, CC BY). No yield % is derived here: each rent above is a different grain from this home's price, and a ratio of two grains reads as precision it doesn't have. New-tenancy rents run hotter than sitting rents. Not financial advice.

Growth trend — Ultimo units at auction

Too few same-bed sales for a measured growth rate yet. Recent quarterly sold medians (all unit sizes — thin samples move these):

2024Q3 $803k (5) · 2024Q4 $1078k (6) · 2025Q1 $750k (4) · 2025Q2 $955k (3)

Suburb-level, from published auction results. No single building has enough sales for a block-level series, so this is the honest grain; sales-mix shifts move raw medians, and the measured rate (when shown) controls for bed count.

Agencies' own published sales nearby — Ultimo, around 2 beds

Prices as published on the selling agency's own website (their sold pages) — includes private-treaty sales the auction results never see. Only sales the agency chose to publish a figure for appear here.

Similar properties — on the market now

The 6 listings above are on the market now: same unit category, within 1 bedroom of 2, asking within 20% of this one, in Ultimo or a suburb whose centre is within 3 km — ordered by how close the asking price is. That is the whole rule: a filter, not a recommendation, and nothing here judges which home is better.

Construction risk — what no listing tells you

Building Commission NSW / Strata Community Association 2023 Strata Defects Survey: 53% of newly registered strata buildings reported at least one serious defect in common property (39% in the 2021 survey). Defects are common, not exceptional — and new does not mean safe (Opal Tower was under a year old).

Get an independent structural and strata inspection before you commit — the defect base rate makes it the single highest-value dollar in the purchase.

We cannot see inside a building — no one can from public records. This section states base rates and observable adjacency only, and will never call a building safe.

What's changing in Ultimo — recent local signals

2025-12-15 — Education invest — 1 2-14 MOUNTAIN STREET ULTIMO 2007 ($13467k) (institutional-signals.json (PAN-598691, OnlineDA))

Dated public signals compiled for this suburb — openings, closures, site sales and institutional moves. Facts with sources, not forecasts.

School catchments

Ultimo PS (primary) · SSC Balmain (secondary)

7 primary schools within 2 km · ICSEA ~1102 — the socio-educational advantage of the school community (My School, national average ~1000): a demographic measure, never a results or quality score.

Suburb-centre approximation for Ultimo — addresses near a boundary can differ. Verify the exact address at School Finder. Intake zones cover government schools only.