Property value increases in Pimlico have tracked just lower than the QLD average of 1.98% over the last 12 months.
The five-year average increase in median property values for Pimlico,4812 has given property investors a potential capital gain of -8.29% across each of those five years.
Pimlico, 4812 is offering QLD ‘s 112th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this QLD.
On average over the past year, suburb has had 2.92 sales per month, which equates to 35 per year.
Renters in Suburb are facing rents around $3600 per annum or $300 every week.
Giving property investors a a poor capital gain of -25.24% for the last year, Pimlico, 4812 is the 1712th highest performer in Australia in this respect.
While Pimlico,4812 ranked number 306th in QLD for increase in median house value (annualised) increase, it is ranked 312th over the last 5 years.
Our latest figures would indicate that property sellers in Pimlico are currently offering property investors an average price cut of -18.65% below the asking price at the moment.
Pimlico, 4812’s gross rental yield is 6.75%