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Suburb Guide: Ultimo

  • Anthony
  • Jul 9
  • 2 min read

Suburb Rental Report: Ultimo, NSW 2007 (2025)


Overview


Ultimo is one of the most sought-after suburbs for students in Sydney, thanks to its unbeatable proximity to UTS, the University of Sydney, and TAFE NSW. Located on the edge of the CBD, Ultimo offers inner-city convenience without being right in the middle of the hustle. With walkable streets, student-friendly amenities, and high demand for rentals, competition is fierce, but the location is worth it.


Average Rent Prices (2025)


  • Studio Apartment: $770 per week

  • 1-Bedroom Apartment: $890 per week

  • 2-Bedroom Apartment: $1,150 per week

  • Shared Room: $390–$460 per week


Prices in Ultimo have jumped due to low supply and strong, consistent demand. Many apartments are located in secure buildings with modern amenities, but they rent out quickly, especially during university intake periods.


Transport & Location


Ultimo’s central location makes it one of the best-connected areas in Sydney:


  • Walk to UTS, TAFE NSW, and the University of Sydney in under 10 minutes

  • Central Station is nearby, offering access to all major train lines

  • Buses, light rail, and walkable paths are all easily accessible


Everything you need is within walking distance, making Ultimo perfect for a car-free lifestyle.


Suburb Vibe & Lifestyle


Ultimo is buzzing with student life, young professionals, and multicultural energy. It offers:


  • Broadway Shopping Centre, cafes, and 24/7 convenience stores

  • Public libraries and quiet study hubs

  • Parks and green spaces like Wentworth Park


It’s a safe and lively suburb, perfect for those who want to stay close to uni and city life.

broadway

Who Is This Suburb Best For?


  • UTS and University of Sydney students

  • International students and newcomers

  • Couples or housemates who want maximum convenience


It’s especially ideal for students who want to avoid long commutes entirely.


Rental Demand & Competition


Ultimo is always in high demand:


  • Inspections are usually packed, especially before semester starts

  • Studio and 1-bedroom apartments are the first to go

  • Agents receive multiple applications per listing


It’s easy to miss out if your documents aren’t ready or your application lacks confidence.


FMH Tip for Ultimo


Ultimo is incredibly competitive, and agents move fast. Find My Home can strengthen your application, follow up directly with agents, and help you avoid delays, so you have the best chance of getting approved. We also offer support in multiple languages, making the process smoother and more accessible.


Final Thoughts


If you want to live close to campus and avoid the hassle of long commutes, Ultimo is one of the best locations in Sydney. While competition is high and prices aren’t the lowest, getting a place here is possible with the right support.


Need help renting in Ultimo?


Find My Home guides you through the entire process, even if you're new to Australia or feel more confident communicating in your own language.



Disclaimer: Rental prices are estimates based on publicly available listings as of 2025 and may vary. Availability and approval are not guaranteed. Find My Home provides application support and guidance but does not act as a licensed real estate agent or guarantee housing outcomes.

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