Haymarket, NSW

FAIR VALUE

7,026 sales · 34 years of data · NSW, Australia

$978,500
Median (All)
$8,400,000
Median (Houses)
$968,000
Median (Apartments)
-2.1%
10yr CAGR
-3.8%
34yr CAGR
91.5%
Strata %
34 years of data · 7,026 sales analysed · 2,500+ suburbs · Updated weekly

Haymarket, NSW Property Market Overview

Haymarket, NSW 2000, situated in the heart of Sydney, presents a unique property market profile. With 34 years of recorded data and a total of 7,026 sales, Haymarket offers a substantial dataset for analysis. The current median property price (all types) sits at $978,500, while houses command a significantly higher median of $8,400,000 and apartments are at $968,000.

Haymarket is notable for its high-density living, reflected in its property mix dominated by apartments. The suburb's location close to the Sydney CBD makes it a vibrant and convenient place to live, influencing property values and investment potential. The area is a cultural hub, known for its markets and diverse community, which also shapes its real estate market.

Currently fair value
Relative to the long-term price trend line
$500K invested 10yr ago → $404,387
Based on the 10-year compound annual growth rate of -2.1%
Predominantly apartments92% apartments
9% of sales are houses and other non-strata properties
Loading chart...

Property Mix

92%
Houses 9%$8,400,000Apartments 92%$968,000

Data You Can Trust

Every figure backed by NSW government sale records

7 million+
verified sale records
2,500+
NSW suburbs covered
34 years
of market history
Weekly
NSW Gov. data updates

What Subscribers See

A preview of the full analysis available for Haymarket

Street Rankings

Top streets in Haymarket, NSW by median sale price

See which streets command the highest prices and how many sales back each ranking.

#StreetTypeSalesMedian Price
1Quay StApartment64$1,042,500
2Steam Mill LaneApartment15$1,110,000
3Hay StApartment38$1,300,000
4Ultimo RdApartment14$865,000

... and 24 more streets available

Subscribers also see:

  • Street price per m² analysis
  • Street annual growth rates (CAGR)
  • Premium vs discount % comparison
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Price per m²

Streets by price per square metre

Compare land and building value across streets — essential for finding underpriced pockets.

#StreetTypeSalesMedian $/m²
1Harbour StApartment43$14,844/m²
2Tumbalong BvdApartment32$16,162/m²
3Thomas StApartment14$11,799/m²
4Ultimo RdApartment14$10,364/m²

... and more $/m² rankings

View full $/m² data
Growth Rates

Fastest growing streets by median price

10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.

#StreetType10yr CAGR
1Thomas StApartment+1.6%
2Harbour StApartment+1.4%
3Goulburn StApartment+2.7%
4Castlereagh StApartment+1.8%

... and more street growth rates

See all growth rates

Past growth rates are not indicative of future performance. This data is for informational purposes only.

Building Analytics

Building-by-building comparison

675
apartment buildings analysed
#AddressSalesMedian$/m²
188 Hay St8$1,272,500$14,602/m²
253 Tumbalong Bvd3$1,030,000$14,728/m²
379 Quay St6$1,275,000$22,407/m²
433 Ultimo Rd14$865,000$10,364/m²

... and 671 more buildings

Compare individual buildings by price per sqm, median unit price, and sales volume. Identify which buildings are gaining or losing value relative to the suburb average.

View full building data
Risk Indicator

Flipper risk & hold period analysis

Available with full access
 

Properties resold within 2 years may signal problems — structural issues, noisy locations, or overpayment. See hold period distribution and flagged streets.

See flipper risk data
Risk Indicator

Settlement times & problem streets

60
average days to settlement

Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.

See settlement data
Suburb Change

Density & development tracking

92%
apartments across 675 buildings

Track which streets are converting from houses to apartments. Understand how density is changing the suburb's character and property values over time.

See density trends

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28 streets and 675 buildings to explore

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3 street rankings
All 28 streets ranked
Cycle chart preview
Full chart — all years
Basic median prices
Price per m² by street
Suburb-level growth only
10-year CAGR by street
Building count only
675 buildings compared
Summary stats only
Flipper risk + settlement data

Based on 7,026 verified property sales across 34 years · Last updated: February 2026

Trusted by 100+ property investors across NSW

Haymarket at a Glance

Region
Inner Sydney
CBD Distance
1km south of Sydney CBD
Train Station
Central Station (various lines)
Council
City of Sydney Council
Property Character
High-density residential and commercial
Community
Young professionals and students

Haymarket, NSW

Map data © OpenStreetMap contributors

Local Amenities


Living in Haymarket, NSW

Living in Haymarket offers a vibrant and cosmopolitan experience. Located in the heart of Sydney, it's known for its bustling atmosphere and cultural diversity, particularly its strong Asian influences. The suburb is home to Market City, a major shopping centre, and is within walking distance of Darling Harbour, offering extensive dining, entertainment, and recreational options.

Haymarket is also close to educational institutions like UTS (University of Technology Sydney) and TAFE NSW. While green spaces within Haymarket itself are limited, nearby parks like Tumbalong Park provide residents with outdoor recreation areas. The suburb is well-serviced by public transport, including Central Station, making it easy to access other parts of Sydney. Haymarket's vibe is energetic and fast-paced, appealing to those who enjoy city living.


Who Buys in Haymarket?

The buyer profile in Haymarket is largely influenced by the suburb's high percentage of strata properties and relatively lower apartment median prices. This makes Haymarket appealing to first home buyers and investors seeking apartment opportunities close to the CBD. While the house median price is significantly higher, the overall market is dominated by apartment sales. The 10-year CAGR of -2.1% might deter some investors seeking rapid capital growth, but the 20-year CAGR of 3.2% suggests longer-term potential. Professionals working in the city also find Haymarket attractive due to its convenient location and transport links.

Market Analysis

Currently, the Haymarket property market is assessed to be near its long-term trend, indicating fair value. This suggests that property prices in Haymarket are aligned with historical performance and underlying economic factors.

This 'fair value' cycle position means that Haymarket's property prices are neither significantly overvalued nor undervalued relative to its historical trends. Buyers and sellers in Haymarket are operating in a market where prices are considered stable and reflect the suburb's intrinsic value. Further analysis of market dynamics is recommended to understand potential future movements.


Is Haymarket a Good Investment?

Haymarket's property market presents a complex investment picture, as highlighted by its varying CAGR figures. The 10-year CAGR of -2.1% contrasts with the 20-year CAGR of 3.2%, indicating fluctuating performance over time. The full-period CAGR of -3.8% further underscores the importance of considering different time horizons when analysing Haymarket's potential.

Currently, Haymarket's property market is assessed to be near its long-term trend, indicating fair value. Factors driving property values in Haymarket include its prime location in the Sydney CBD, its high-density development, and its strong rental demand driven by students and professionals. The high strata percentage (91.5%) suggests that apartment investments are the dominant consideration in this suburb.


Haymarket Market Outlook

As of early 2026, the Haymarket property market is assessed to be near its long-term trend, indicating fair value. Recent price trends suggest stability in the apartment sector, which dominates the suburb's property landscape. While the house market remains relatively small, it commands a significantly higher median price. Further monitoring of market indicators is advisable to understand any potential shifts in the coming months.

Streets & Location in Haymarket, NSW

Haymarket, with its postcode 2000, is defined by its central location and notable streets. Key streets influencing median prices include Tumbalong Boulevard, Pitt Street, and Steam Mill Lane. The suburb comprises 28 streets in total, contributing to its diverse urban landscape. Being so close to the city, Haymarket offers residents easy access to the CBD and surrounding areas.

Market Dynamics

Market transaction patterns in Haymarket indicate an average settlement timeframe of 60 days. This represents the typical duration between the sale agreement and the final transfer of ownership. Given the high proportion of apartments in Haymarket, the market dynamics are largely influenced by apartment sales and investor activity in that sector. Due to data limitations, the quick-flip percentage is not available for Haymarket.

Development & Density

Haymarket is characterised by its high development density, featuring 675 apartment buildings within the suburb. This reflects a trend towards high-rise living and urban consolidation in the area. The predominance of apartments is further emphasized by the 91.5% strata title percentage. The limited number of houses in Haymarket contributes to their higher median price, making apartments the more accessible and prevalent property type.

Growth & Property Mix

Analysing historical growth rates reveals a complex picture for property investment in Haymarket. The 10-year Compound Annual Growth Rate (CAGR) stands at -2.1%, while the 20-year CAGR is 3.2%. Over the full 34-year period, the CAGR is -3.8%. These figures highlight the varying performance of the Haymarket property market over different timeframes, with a mix of positive and negative growth periods. The high percentage of strata title properties (91.5%) indicates that apartments are the dominant property type in Haymarket.

All data on this page is sourced from NSW government property sale records. Market analysis, cycle positions, growth rates, and all other metrics are provided for informational purposes only and do not constitute financial, investment, legal, or property advice. Always seek independent professional advice before making any property or financial decisions.

This information is based on historical sales data and does not constitute financial, investment, or property advice. Past performance is not indicative of future results. Always consult a qualified professional before making property decisions.

Frequently Asked Questions about Haymarket, NSW

What is the median property price in Haymarket?
The current median property price (all types) in Haymarket is $978,500. Houses have a significantly higher median of $8,400,000, while apartments are at $968,000. This reflects the dominance of apartments in the Haymarket property market.
Is Haymarket overvalued or undervalued?
The Haymarket property market is currently assessed to be near its long-term trend, indicating fair value. This suggests that property prices are aligned with historical performance and underlying economic factors. Buyers and sellers are operating in a market where prices are considered stable.
How has the Haymarket property market performed over 10 years?
Over the past 10 years, the Haymarket property market has experienced a Compound Annual Growth Rate (CAGR) of -2.1%. This indicates a slight decrease in property values over that period. However, it is important to consider longer-term trends for a more comprehensive view.
What percentage of Haymarket is apartments vs houses?
Apartments dominate the Haymarket property market, with a strata title percentage of 91.5%. This indicates that the vast majority of properties in Haymarket are apartments. Houses make up a smaller proportion of the overall property mix.
Where is Haymarket in the property cycle?
Haymarket's property market is currently assessed to be near its long-term trend, indicating fair value. This suggests that prices are neither significantly overvalued nor undervalued relative to historical patterns. Buyers and sellers should be aware of this cycle position when making decisions.
What schools are near Haymarket?
Haymarket is conveniently located near several educational institutions, including UTS (University of Technology Sydney) and TAFE NSW. There are also primary and secondary schools in nearby suburbs like Ultimo and Surry Hills. This makes Haymarket a viable option for families with school-aged children.
What is Haymarket like to live in?
Haymarket offers a vibrant and cosmopolitan lifestyle, with a bustling atmosphere and cultural diversity. Its central location provides easy access to the Sydney CBD, Darling Harbour, and numerous dining and entertainment options. While green spaces are limited, nearby parks offer recreational opportunities.
Is Haymarket good for families?
While Haymarket is close to schools and parks in surrounding suburbs, its high-density living and limited green spaces within the suburb itself may not be ideal for all families. The prevalence of apartments and smaller living spaces might be a consideration. However, its convenient location and access to amenities can be appealing to some families.
How far is Haymarket from Sydney CBD?
Haymarket is located approximately 1 kilometre south of the Sydney CBD. Its central location makes it easily accessible by foot, public transport, or car.
What transport options are in Haymarket?
Haymarket is well-serviced by public transport, with Central Station located nearby, offering access to various train lines. Numerous bus routes also operate in the area, providing convenient connections to other parts of Sydney. Major roads like George Street and Elizabeth Street run through or near Haymarket.
How does Haymarket compare to nearby suburbs?
Compared to nearby suburbs like Surry Hills and Darlinghurst, Haymarket generally offers more affordable apartment options. Median property prices in Haymarket are often lower, making it a more accessible option for first home buyers and investors. However, growth rates may vary, so it's important to compare historical performance.
Is Haymarket a good first home buyer suburb?
Haymarket can be a viable option for first home buyers, particularly those seeking apartment living close to the CBD. The relatively lower apartment median prices compared to surrounding suburbs make it more accessible. However, potential buyers should consider the historical growth rates and long-term investment potential before making a decision.
What are the best streets in Haymarket?
Based on median prices, some of the top streets in Haymarket include Tumbalong Boulevard, Pitt Street, and Steam Mill Lane. These streets are known for their prime locations and desirable properties. Prices on these streets tend to reflect the overall market trends of the suburb.
How many properties have been sold in Haymarket?
Over the past 34 years, a total of 7,026 properties have been sold in Haymarket. This represents a significant volume of transactions and provides a substantial dataset for analysing market trends.
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