Pyrmont
Suburb profile, market snapshot and recent listings for Pyrmont, NSW 2009.
About Pyrmont
Welcome to Pyrmont
Pyrmont sits on a compact peninsula just west of the Sydney CBD, wrapped on three sides by Darling Harbour and Cockle Bay and linked to the city centre by the Pyrmont Bridge and the light rail. Once the engine room of Sydney's maritime and industrial trade, it's now one of the most densely populated pockets of inner Sydney, all high-rise apartments, converted warehouses and harbour views, within easy walking distance of Barangaroo, Ultimo, Haymarket and the Sydney CBD itself.
It's a suburb built for apartment living and inner-city convenience rather than backyard space, and it tends to suit professionals, downsizers and investors who want to be close to work and entertainment without the noise of the CBD proper. With a population of 12,658 and a median age of 37, Pyrmont has a young, working demographic that fills its cafes, wine bars and waterfront paths on weekday evenings and weekends alike.
Lifestyle & dining
Life in Pyrmont revolves around the water. The promenades around Darling Harbour and Cockle Bay are lined with restaurants and bars, and the suburb's own pockets of Union Street and John Street have developed a genuine local cafe culture that feels a step removed from the tourist bustle nearby. The Star casino and entertainment complex anchors one end of the peninsula, bringing restaurants, bars and a steady flow of visitors, while Pyrmont's quieter residential streets around Pirrama Park offer a more low-key, neighbourhood feel.
Being wedged between Darling Harbour, Barangaroo and the CBD means residents have some of Sydney's best dining, festivals and harbour-side events on their doorstep, from fireworks displays to food markets, without having to leave the peninsula.
Shopping
Everyday shopping is well covered by the Harris Street and Union Street strip, along with a full-line supermarket in the suburb, while Star Casino's retail offerings and the nearby Darling Harbour precinct add extra options for dining and leisure shopping. For bigger retail fixes, the shops of Haymarket and the Sydney CBD, including the Queen Victoria Building and Pitt Street Mall, are only a short walk or light rail trip away.
Getting around
Pyrmont's transport links are one of its biggest drawcards. The L1 light rail line runs through the suburb connecting it directly to the CBD, Central Station and beyond, while regular buses and ferries at Darling Harbour add further options. The Pyrmont Bridge, a pedestrian and light rail crossing, provides a direct walking route into the city centre, and many residents find they can leave the car behind altogether given the proximity to Sydney, Haymarket and Ultimo.
For drivers, the Western Distributor and the ANZAC Bridge give quick access to the Inner West and beyond, though parking within Pyrmont itself is at a premium, as is typical of high-density inner-city suburbs.
Parks & recreation
Despite its density, Pyrmont has decent green space for its size. Pirrama Park and Pyrmont Point Park both offer harbour-front lawns, walking paths and playgrounds with views across to Anzac Bridge and the working harbour, while Jones Bay Wharf and the foreshore walks link up with Barangaroo Reserve for longer waterside strolls. The Sydney Fish Market, on the suburb's edge, remains a drawcard for both its produce and its lively atmosphere, particularly on weekends.
Housing & architecture
Pyrmont's housing stock reflects its transformation from industrial precinct to residential hub. Current listings show apartments and units make up 88% of the market, with houses and townhouses each accounting for just 5% and other dwelling types the remaining 1%. The architecture ranges from converted 19th-century wool stores and warehouses with exposed brick and timber beams to glassy modern high-rise towers, many built during the suburb's major redevelopment through the 1990s and 2000s.
The property market
With apartments dominating the market so heavily, the median unit price in Pyrmont currently sits at $1.25 million, reflecting strong demand for a suburb that offers harbour views, light rail access and CBD proximity in one package. Buyers and investors are typically drawn to the mix of heritage conversions and newer towers, and the suburb's compact footprint, bordered by Darling Harbour, Sydney, Haymarket, Ultimo and Barangaroo, means new supply is limited, supporting ongoing interest from both owner-occupiers and investors chasing inner-city rental demand.
Market snapshot
Pyrmont property market
Median sale price
$1.25m
Unit · 2 bed
Median rent
$1,050
per week
Gross rental yield
4.4%
annual rent ÷ sale price
Typical price range
Entry
$856k
Median
$1.25m
Premium
$2.71m
Days on market
51
Auction clearance
34%
Sold this year
113
Median sold price trend · Unit 2 bed
Compound growth -1.5% / yr over 4 yrs
Median price by bedrooms · Unit
Property types on market
Share of current listings in Pyrmont by dwelling type.
Who lives here
Demographics
ABS Census 2021 figures for Pyrmont, NSW 2009.
Population
12,658
residents (2021)
Median age
37
years
Household income
$2,422
median, per week
Median rent
$580
per week
Median mortgage
$2,800
per month
Mortgage / income
27%
comfortable
Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.
Recent results
Recently sold in Pyrmont
$1.05m
167/2-26 Wattle Crescent
Sold ~July 2026
$1.03m
124/2-26 Wattle Crescent
Sold ~July 2026
$2.75m
53/1-27 Murray Street
Sold ~July 2026
$1.16m
10/2-14 Bunn Street
Sold ~July 2026
$2.44m
16-18 Bulwara Road
Sold ~July 2026
$875k
1142/243 Pyrmont Street
Sold ~July 2026
$885k
5/152-164 Bulwara Road
Sold ~July 2026
$730k
36/313 Harris Street
Sold ~July 2026
Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.
Explore the area
Properties & amenities in Pyrmont
Compare the area
Price map around Pyrmont
Every listing for sale near Pyrmont, coloured by price — so you can see how it stacks up against the streets and suburbs next door.
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Common questions
Pyrmont suburb FAQ
What is the median property price in Pyrmont?
The median unit price in Pyrmont, NSW is $1.25m for a 2-bedroom home. Over the past year, median sold prices have fallen about 2.2%.
How much is rent in Pyrmont?
The median weekly rent in Pyrmont is around $1,050 per week.
Is Pyrmont a good place to live?
Pyrmont is an established residential suburb in NSW, with a population of around 12,658.
What is the population of Pyrmont?
Pyrmont has a population of 12,658 (ABS 2021 Census), with a median age of 37.
How long do homes take to sell in Pyrmont?
Properties in Pyrmont take around 51 days to sell on average, with an auction clearance rate of about 34%.
How much do you need to buy in Pyrmont?
Entry-level properties in Pyrmont start around $856k, while premium homes reach $2.71m.
What suburbs are near Pyrmont?
Suburbs near Pyrmont include Darling Harbour, Sydney, Haymarket, Ultimo and Barangaroo.
Fresh to market
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