Pyrmont NSW Property Investment
City of Sydney · 2009 · Score: 73/100 · Buy
Pyrmont Short-Term Rental (Airbnb) Market
Pyrmont NSW Investment Brief
BUY — $1,870,814 median with 9.7%/yr growth over 5 years.
THE MARKET
Pyrmont has compounded at 9.7%/yr over 5 years — a house that cost $1,177,599 in 2021 is worth $1,870,814 today. Properties are sitting on market for 45 days (roughly balanced conditions). At the same growth rate, today's median reaches $2,972,102 by 2031.
- Median house: $1,870,814 | Units: $1,331,791
- Gross yield: 2.9% | Net yield: 1.4%
- 5yr price CAGR: 9.7%/yr | 3yr forecast: 11.5%/yr
- Population: 12,658 | Owner-occupier rate: 36% | Affluence: Very High
- Supply pipeline: Low — Price growth outpacing new supply, limited development pipeline
RENTAL SNAPSHOT
- Vacancy: 2.0% (improving) | Rental demand: High
- Median weekly rent: $1,050/wk | Days on market: 45 (stable)
- Balanced market — vacancy manageable but monitor trend.
SHORT-TERM RENTAL
- Median nightly rate: $230/night | Occupancy: 72%
- Estimated annual STR gross: ~$60,444/yr
- vs long-term rent: $54,600/yr (+11% STR premium — factor in higher management costs)
INFRASTRUCTURE & CATALYSTS
- New Intercity Fleet (NSW Trains) (Under Delivery)
- Sydney Metro City & Southwest (Operational)
- Sydney Gateway (Under Construction)
- Beaches Link Tunnel (Sydney) (Announced)
- Transport: The Star station 0.2km away
BULL CASE
If Pyrmont maintains 3%+ annual growth and vacancy stays below 1.4%, median prices could reach $2,151,436 within 3 years with yields compressing slightly as capital values rise.
BEAR CASE
A market correction or interest rate shock could see prices in Pyrmont pull back 10-15% from $1,870,814, with vacancy rising to 3.6% and rental yields softening as tenants gain leverage.
KEY RISKS
- No significant risk factors identified for this suburb
COMPARABLE MARKETS
- Canley Vale (NSW): $1,345,042 median, 2.7% yield, 30.0% 1yr growth
- Holroyd (NSW): $1,497,415 median, 2.5% yield, 4.2% 1yr growth
- Berala (NSW): $1,695,375 median, 2.3% yield, 5.1% 1yr growth
THE PLAY
Pyrmont presents a compelling investment opportunity. The combination of solid fundamentals and high rental demand supports entry at current price levels. Proceed with due diligence on specific properties. Target gross yields above 2.9% and prioritise properties with value-add potential. Consider timing entry around the current boom phase of the market cycle.
- Entry range: $1,683,733 – $2,057,895
- Minimum gross yield to target: 4.5%
- Watch signal: vacancy dropping below 2% and days on market falling below 35
This analysis is for informational purposes only and does not constitute financial, legal, or investment advice. Seek professional advice before making investment decisions.
Gentrification Index
Growth Forecast
low confidenceBasis: 5yr CAGR 9.7% + 10yr CAGR 6.8%
- +Low rental vacancy (2.0%) — constrained supply
- −Population decline (-0.2%/yr) — demand headwind
- −High supply pipeline (6957 new approvals) — may cap price growth
Suburb Metric Thresholds
Macro Environment
Macro Indicators
Cash Rate
4.35%
▲ 0.25%Cash rate as at 2026-05-06 · Credit data 2026-04
Suburb Supply & Demand
Suburb Supply Pipeline — New Dwelling Approvals
753
2020
2,161
2021
1,184
2022
1,108
2023
1,751
2025
New dwelling approvals — higher numbers mean more future supply
Socio-Economic Profile
Source: ABS Census 2021SEIFA Index · Postcode 2009
Decile 8 of 10 — Low disadvantage
Population
12,658
Education (IEO)
10/10
Econ. Resources (IER)
1/10
10-Year Investment Projection
Modelled on Pyrmont NSW data — rent, capital growth, tax, and depreciation over 10 years.
Pre-filled: $1050/wk median rent for Pyrmont. Capital growth and rent increase are editable assumptions.
Schools
In your catchment
These are the government-school zones containing this suburb centroid. Specific addresses within the suburb may fall in different catchments — confirm with the school directly.
Nearby Suburbs
Analyse a Property in Pyrmont
Get instant STR rules, granny flat feasibility, rental yield, and full investment strategy comparison for any address in Pyrmont.
Analyse a Property →Data sourced from ABS, state government property sales, and Airbnb market analytics. For informational purposes only — not financial advice.