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Pyrmont

POSTAL CODE: NSW, 2009
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A survey of average capital gains or median home price increase in suburbs across the country shows that the NSW suburb obtained a 0% decrease over a ten-year period. It ranks 4577th on our list of suburbs that property investors should look into.

PYRMONT, 2009 has a capital gain of 0% for the past year, which is average compared to its 0% growth within a five-year period.

With the median home price in PYRMONT sitting at $1,925,000, and the average rent at $990, property owners could potentially earn a 2.67% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in PYRMONT are high, as opposed to average gains per annum over the past five years.

PYRMONT, 2009 in NSW belongs to the local government area of Sydney.

Surburb overview

Pyrmont, NSW 2009, is an inner-city suburb of Sydney located just 2 kilometres southwest of the central business district. Known for its proximity to Darling Harbour, Pyrmont offers a mix of residential and commercial spaces, making it a popular choice for young professionals, families, and investors. The suburb has a population of around 13,500, with a diverse demographic that includes residents from various cultural backgrounds, such as English (16%), Chinese (14.6%), and Australian (11.2%).

Pyrmont comprises high-density apartment complexes and a few restored heritage terraces, catering to professionals seeking modern city living. The suburb’s housing market has experienced consistent growth due to ongoing developments and its appeal as a waterfront precinct.

Public transportation in Pyrmont is well-integrated with the rest of Sydney, featuring light rail stations such as Pyrmont Bay and The Star and various bus routes. Despite its dense urban environment, Pyrmont has several small parks and waterfront areas, including Pyrmont Point Park and Pyrmont Bridge. The suburb also has notable attractions like The Star Casino, Sydney Fish Market, and the Lyric Theatre.

Pyrmont’s vibrant atmosphere is further enhanced by its dining and entertainment options along Harris Street, which range from casual eateries to fine-dining restaurants. The area hosts the Pyrmont Growers Market monthly, offering fresh produce and local delicacies.

Pyrmont is a thriving suburb that combines the convenience of inner-city living with a unique waterfront lifestyle. This makes it a desirable location for those seeking work-life balance and a lively urban environment.

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