Pyrmont, NSW

UNDERVALUED

19,994 sales · 36 years of data · NSW, Australia

$1,150,000
Median (All)
$2,225,000
Median (Houses)
$1,138,000
Median (Apartments)
0.6%
10yr CAGR
5.8%
36yr CAGR
72.3%
Strata %
36 years of data · 19,994 sales analysed · 2,500+ suburbs · Updated weekly

Pyrmont, NSW Property Market Overview

Pyrmont, NSW, 2009, is a vibrant inner-city suburb of Sydney, known for its waterfront location and proximity to the CBD. AusPropertyInsights.app data reveals a comprehensive view of the Pyrmont property market, with records spanning 36 years and a total of 19,994 sales. The current median property price (all types) in Pyrmont sits at $1,150,000, reflecting its desirability and convenient location.

Pyrmont's property landscape is diverse, encompassing both houses and apartments. The current median house price is $2,225,000, while the median apartment price is $1,138,000. The suburb's rich history and ongoing development contribute to its unique character and appeal to a wide range of residents.

Currently undervalued
Relative to the long-term price trend line
$500K invested 10yr ago → $530,823
Based on the 10-year compound annual growth rate of 0.6%
Predominantly apartments72% apartments
28% of sales are houses and other non-strata properties
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Property Mix

28%
72%
Houses 28%$2,225,000Apartments 72%$1,138,000

Data You Can Trust

Every figure backed by NSW government sale records

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

What Subscribers See

A preview of the full analysis available for Pyrmont

Street Rankings

Top streets in Pyrmont, NSW by median sale price

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

#StreetTypeSalesMedian Price
1Murray StApartment28$1,710,000
2Cadigal AveApartment16$1,895,000
3Darling Island RdApartment12$6,225,000
4Refinery DrApartment27$2,800,000

... and 93 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
1Allen StApartment3$10,398/m²
2Wattle CresApartment8$10,070/m²
3Harris StApartment21$10,833/m²
4Harris StHouse8$15,232/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
1Cross StApartment+5.9%
2Darling Island RdApartment+8.1%
3Pirrama RdApartment+4.1%
4Pyrmont Bridge RdApartment+4.1%

... 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

569
apartment buildings analysed
#AddressSalesMedian$/m²
1209 Harris St21$860,000$10,833/m²
235 Bowman St3$3,000,000$16,760/m²
38 Darling Island Rd4$2,500,000$21,788/m²
41 Wattle Cres8$1,062,500$10,070/m²

... and 565 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

62
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

72%
apartments across 569 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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97 streets and 569 buildings to explore

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3 street rankings
All 97 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
569 buildings compared
Summary stats only
Flipper risk + settlement data

Based on 19,994 verified property sales across 36 years · Last updated: February 2026

Trusted by 100+ property investors across NSW

Pyrmont at a Glance

Region
Inner West
CBD Distance
2km west of Sydney CBD
Train Station
Town Hall Station (T1 North Shore Line, T2 Inner West & Leppington Line, T3 Bankstown Line, T4 Eastern Suburbs & Illawarra Line)
Council
City of Sydney Council
Property Character
High-density residential with commercial waterfront
Community
Young professionals and established couples

Pyrmont, NSW

Map data © OpenStreetMap contributors

Local Amenities


Living in Pyrmont, NSW

Living in Pyrmont offers a vibrant urban lifestyle with a blend of historical charm and modern conveniences. The suburb boasts stunning waterfront views, numerous parks like Pirrama Park and Giba Park, and a variety of cafes, restaurants, and shops. For families, Pyrmont Public School provides local education options.

Pyrmont is well-connected, with the Fish Market light rail station and numerous bus routes providing easy access to the CBD and surrounding areas. Shopping options include the Pyrmont Village Shopping Centre and nearby Darling Harbour. The suburb's proximity to the Sydney Fish Market adds to its unique character. Pyrmont fosters a strong sense of community, with numerous local events and initiatives.


Who Buys in Pyrmont?

The buyer profile in Pyrmont is diverse, influenced by the high percentage of strata properties and the suburb's proximity to the CBD. With a median apartment price of $1,138,000, Pyrmont attracts young professionals and downsizers seeking a convenient urban lifestyle. The higher median house price of $2,225,000 suggests some appeal to families, though apartments are more prevalent. Given the historical growth rates and the current cycle position, Pyrmont also attracts investors seeking potential capital appreciation.

Market Analysis

Currently, the Pyrmont property market is assessed to be below its long-term trend, indicating undervalued territory. This cycle position reflects the ongoing fluctuations within the broader Sydney property market and the specific dynamics influencing Pyrmont.

Understanding Pyrmont's position in the property cycle is crucial for interpreting current market conditions. While the market is currently considered undervalued, various factors, including interest rates, economic growth, and local development, can influence future price movements. Further analysis of historical trends and local market indicators can provide a more detailed understanding of Pyrmont's property market trajectory.


Is Pyrmont a Good Investment?

Pyrmont's historical growth patterns suggest a long-term appreciation in property values. The suburb's 36-year CAGR of 5.8% demonstrates its resilience and consistent growth over time. While the 10-year CAGR is lower at 0.6%, the 20-year CAGR of 3.8% indicates a more substantial growth trend over a longer period.

The current assessment of Pyrmont's market being below its long-term trend suggests potential opportunities for future growth. The high percentage of strata properties and the ongoing development contribute to the dynamics of the Pyrmont property market. The suburb's prime location, coupled with its vibrant lifestyle and amenities, continues to drive demand and influence property values.


Pyrmont Market Outlook

As of early 2026, the Pyrmont property market is currently assessed to be below its long-term trend. Recent price trends have reflected broader market fluctuations, influencing the current cycle position. The ongoing development and the suburb's inherent desirability continue to shape the market conditions in Pyrmont, NSW.

Streets & Location in Pyrmont, NSW

Pyrmont boasts 97 streets, each contributing to the suburb's unique character. Some of the streets with higher median prices include TAMBUA ST, MURRAY ST, and BOWMAN ST. Located within the 2009 postcode, Pyrmont enjoys a prime position close to the Sydney CBD and Darling Harbour, offering residents easy access to employment, entertainment, and cultural amenities.

Market Dynamics

The average settlement time for properties in Pyrmont is 62 days, reflecting a relatively standard transaction timeframe. While data on quick-flip activity is currently unavailable, the settlement period provides insight into the overall efficiency of the Pyrmont property market. The high proportion of apartments suggests a dynamic market influenced by both owner-occupiers and investors.

Development & Density

Pyrmont exhibits a high development density, characterised by 569 apartment buildings. This reflects the suburb's transformation from an industrial area to a modern, residential hub. The high percentage of strata properties (72.3%) underscores the prevalence of apartment living in Pyrmont. This development density contributes to Pyrmont's vibrant urban environment and diverse community.

Growth & Property Mix

Over the past 10 years, Pyrmont has experienced a compound annual growth rate (CAGR) of 0.6%. Looking further back, the 20-year CAGR stands at 3.8%. Considering the entire 36-year data period, Pyrmont has achieved a CAGR of 5.8%. The property mix in Pyrmont is heavily skewed towards apartments, with strata titles accounting for 72.3% of properties.

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 Pyrmont, NSW

What is the median property price in Pyrmont?
The current median property price (all types) in Pyrmont is $1,150,000. This reflects the mix of houses and apartments in the suburb, with the median house price at $2,225,000 and the median apartment price at $1,138,000.
Is Pyrmont overvalued or undervalued?
According to our analysis, the Pyrmont property market is currently below its long-term trend. This suggests that the suburb is currently in undervalued territory, relative to its historical performance.
How has the Pyrmont property market performed over 10 years?
Over the past 10 years, the Pyrmont property market has experienced a compound annual growth rate (CAGR) of 0.6%. This reflects fluctuations in the broader market and specific factors influencing Pyrmont's property values.
What percentage of Pyrmont is apartments vs houses?
Apartments make up a significant portion of the property market in Pyrmont. Strata properties, primarily apartments, account for 72.3% of all properties in the suburb, indicating a high density of apartment living.
Where is Pyrmont in the property cycle?
Our analysis indicates that Pyrmont is currently below its long-term trend in the property cycle. This assessment is based on historical price data and current market conditions in the suburb.
What schools are near Pyrmont?
Pyrmont Public School is located within the suburb, providing primary education options for local families. There are also a number of other schools in nearby suburbs like Ultimo and Glebe.
What is Pyrmont like to live in?
Pyrmont offers a vibrant urban lifestyle with a mix of residential, commercial, and waterfront spaces. Residents enjoy easy access to the CBD, Darling Harbour, parks, restaurants, and cultural attractions.
Is Pyrmont good for families?
Pyrmont can be suitable for families, particularly those who appreciate a convenient inner-city lifestyle. While apartments are more prevalent, there are parks, schools, and family-friendly amenities in the area.
How far is Pyrmont from Sydney CBD?
Pyrmont is located approximately 2 kilometres west of the Sydney CBD. This proximity allows for easy commuting and access to the city's employment, entertainment, and cultural offerings.
What transport options are in Pyrmont?
Pyrmont is well-connected by public transport, with the Fish Market light rail station providing access to the city and surrounding areas. Numerous bus routes also service the suburb, and major roads like the Western Distributor offer convenient car access.
How does Pyrmont compare to nearby suburbs?
Compared to nearby suburbs like Ultimo and Darling Harbour, Pyrmont offers a similar mix of residential and commercial properties. Median prices in Pyrmont are generally comparable to these neighbouring areas, reflecting their similar proximity to the CBD and waterfront locations.
Is Pyrmont a good first home buyer suburb?
Pyrmont's median apartment price of $1,138,000 may make it accessible for some first home buyers, especially those seeking inner-city living. The high percentage of apartments provides more affordable options compared to houses, though prices remain relatively high compared to outer suburbs.
What are the best streets in Pyrmont?
Some of the streets with higher median property prices in Pyrmont include TAMBUA ST, MURRAY ST, and BOWMAN ST. These streets are often sought after due to their location, property types, and overall appeal.
How many properties have been sold in Pyrmont?
Over the past 36 years, a total of 19,994 property sales have been recorded in Pyrmont. This demonstrates a consistently active property market in the suburb.
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