The market sits on the Blackwattle Bay foreshore in Pyrmont, 2 kilometres west of the Sydney central business district.
[2] It expanded over time to occupy the block bounded by Bourke, Plunkett, Forbes and Wilson Streets, Woolloomooloo.
These both provided an improved auction floor and expanded the secondary role of the Sydney Fish Market as a visitor attraction and retail venue.
A computerised Dutch auction system was introduced in October 1989, greatly increasing the efficiency of the sale process.
[12] However, the efficiency and scale of the auctioning operations at Blackwattle Bay means that a large amount of seafood still goes through the Sydney Fish Market.
[23] On 7 November 2016, the New South Wales Government announced the market would move to a new 35,000 square metres complex on an adjacent site.
[27] The redevelopment forms part of the New South Wales Government's Bays Precinct urban renewal program.
[28] The mural inside Sydney Fish Market was designed by Australian artist Keith Howland.
It took the artist about 12 months to complete and it depicts the fishing industry in New South Wales from Yamba on the Far North Coast to Sydney.
[citation needed] The Fish Market tram stop on the L1 Dulwich Hill Line is located nearby.