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Kelly St, Ultimo NSW 2007

Street

Street Summary

Kelly St, Ultimo NSW 2007 is a predominantly apartment-focused street with 95.1% of its 41 residential properties being units. Only 2 homes are classified as houses, and there are insufficient recent house sales to calculate a reliable comparison against the suburb median. Two homes are heritage-listed, and 2 homes fall within the flood overlay. The street features two named apartment projects: a 6-level, 24-lot building at 25 Kelly St built in 1999, and a 4-level, 13-lot building at 2 Kelly St.


PART 1
Street Profile

Property Type Mix

The mix of houses and apartments (units) that make up the Kelly St, Ultimo NSW 2007 property market.

Houses vs Apartments41 total lots
4.9%
95.1%
Houses (4.9%)
Apartments (95.1%)
Townhouses/Villas/Unclassified (0%)

PART 2
Houses

"Houses" in this report includes detached houses, duplexes, and terraces.

Risks &Overlays

See which key planning overlays and environmental risks affect this street before you buy.

Heritage
2 houses affected
Bushfire
0 houses affected
Flood
2 houses affected
High voltage power line
0 houses affected

Street Sales - Houses

Actual house sales on Kelly St, Ultimo NSW 2007 over the past 5 years, plotted against the Ultimo NSW 2007 median house price trend over the same period.

Street sales vs suburb median
Suburb Median Price
$0$500k$1.0M$1.5M$2.0MSept 21May 23Jan 25Sept 26$1.7M · 2022$1.7M · 2023$1.8M · 2025
Turnover rate0%Past 5 years

PART 3
Apartments

Street Sales - Apartments

Actual apartment (unit) sales on Kelly St, Ultimo NSW 2007 over the past 5 years, plotted against the Ultimo NSW 2007 median apartment price trend over the same period.

Street sales vs suburb median
Street SalesSuburb Median Price
$0$500k$1.0M$1.5M$2.0MSept 21May 23Jan 25Sept 26$730k · 2022$772k · 2023$747k · 2024$738k · 2025$726k · 2026$605k · 2025-09-04 · 4/25 KELLY ST, ULTIMO NSW 2007$655k · 2022-03-04 · 12/25 KELLY ST, ULTIMO NSW 2007$620k · 2024-12-06 · 13/25 KELLY ST, ULTIMO NSW 2007$605k · 2026-03-26 · 17/25 KELLY ST, ULTIMO NSW 2007$1.1M · 2023-05-14 · 23/25 KELLY ST, ULTIMO NSW 2007$675k · 2025-05-21 · 1/25 KELLY ST, ULTIMO NSW 2007
Apartment sales2Past 12 months
Turnover rate15.4%Past 5 years

Largest Apartment Projects

The largest apartment projects on Kelly St, Ultimo NSW 2007, ranked by number of lots.

1
25 KELLY ST, ULTIMO NSW 2007Small-Medium project (20-50 lots)
2
2 KELLY ST, ULTIMO NSW 2007Small project (<20 lots)

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Living in Kelly St, Ultimo NSW 2007 : Street Profile & FAQs

Common questions about living on and buying property on Kelly St, Ultimo NSW 2007 — lifestyle, transport, and the local housing market.

Note: Data is sourced from the Australian Bureau of Statistics (ABS) 2021 Census data and knest.ai internal statistical data.

Is Kelly St an expensive or affordable street relative to Ultimo?

There are insufficient recent house sales on Kelly St to calculate a reliable premium or discount against the Ultimo average. Buyers should compare recent sales of individual homes on the street against nearby comparable properties to gauge current market positioning.

What are the risk and overlay factors on Kelly St?

There are 2 heritage listings on Kelly St, meaning renovations or exterior changes may require additional council approval. Two properties fall within a flood overlay, so buyers should review council mapping, flood reports, and insurance costs before purchasing. There are 0 bushfire, 0 flood check recommended, 0 other flood classification, and 0 high-voltage properties on the street.

Are properties on Kelly St mostly on high, level or low ground?

There is no house, duplex, or terrace data available for Kelly St, so site height relative to the street cannot be assessed. Buyers must evaluate the specific property's site characteristics directly rather than relying on street averages.

What type of road is Kelly St?

Kelly St is a local road serving nearby residents. No speed limit or dominant road percentage data is available for this street.

Is Kelly St mostly houses or apartments?

Kelly St has 41 residential properties, with 4.9% being houses and 95.1% being apartments. The street is predominantly apartments.

What are the major apartment developments on Kelly St?

The major apartment developments on Kelly St are 25 Kelly St, which has 24 lots across 6 levels built in 1999, and 2 Kelly St, which has 13 lots across 4 levels. These developments contribute to the street's higher-density residential character.

How many properties have sold on Kelly St?

Two apartments sold on Kelly St in the past 12 months, while no houses sold. The 5-year turnover rate for apartments is 15.4%, meaning 15.4% of apartments changed ownership during the past five years. No house turnover data is available.

Is Kelly St a good street to buy property on?

Kelly St is best suited for apartment buyers seeking a local-road residential environment. The street features a high density of apartments and two heritage-listed properties, which may limit renovation flexibility. It is not suitable for buyers seeking detached houses.