Suburb Profile Report for Pimlico QLD (4812)

Pimlico House: Median price $318,000, Annual capital growth -0.49%, Number of sales 25, Weekly median advertised rent $283

Pimlico Unit: Median price $209,500, Annual capital growth -0.74%, Number of sales 12, Weekly median advertised rent $240

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

QLD has seen average median house prices change by 2.82% which means that Pimlico, 4812 has done well for property investors by showing a capital gain of 0.95% over the last year

Over the longer term, Pimlico has seen property prices show investors a -16.32% return over the last 3 years. This is an improvement over the last 12 months

A $282.5 per week rent on the median house gives suburb investors a gross yield of circa 4.62%, without taking into account capital value appreciation, which has been averaging out at -0.49%.

At number 1014th in the list of Australian suburbs ordered by increase in median house value over the last year, Pimlico, 4812 is in the BOTTOM 50% with a property value increase of 2.20% recorded in median house prices.

Pimlico,4812 has offered an average of 2.20% return per annum in house price rises to property investors over the last three years.

Advertised rents are around the $240 mark per week – giving a return of 5.96% based on the median price in Suburb

Metrics i HOUSE UNIT
$318,000 $209,500
0.16% -4.34%
0.95% 2.20%
-0.49% -0.74%
$283 $240
25 12
4.62% 5.96%
N/A N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Balanced (H)
Find a mortgage broker in Pimlico QLD
Demographics
Total population 2599
Median household income ($/weekly) 946
Median age of persons 37
Median housing loan repayment ($/monthly) 1820
Average household size 2
  • Census Count Percent(%)
    5-14 years 250 9.6
    25-34 years 391 15.0
    35-44 years 362 13.9
    45-54 years 377 14.5
    55-64 years 281 10.8
    Others 939 36.1
    Age Group
    Census Count Percent(%)
    Not Married 1125 57.5
    Registered Married 588 30.1
    Defacto Relationship 242 12.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 2018 82.9
    Indonesia 42 1.7
    Papua New Guinea 72 3.0
    United Kingdom 83 3.4
    Other 75 3.1
    Others 145 6.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 32 1.4
    Christianity 1693 73.4
    Hinduism 25 1.1
    Other Religious Groups 11 0.5
    No Religion 537 23.3
    Others 7 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 109 10.3
    $400-$599 116 11.0
    $600-$799 127 12.0
    $1,000-$1,249 108 10.2
    $1,500-$1,999 119 11.2
    Others 479 45.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 851 41.3
    Not in the labour force 678 32.9
    Employed, worked part-time 351 17.0
    Unemployed, looking for work 93 4.5
    Employed, away from work 87 4.2
    Person Characteristics
  • Census Count Percent(%)
    Professionals 263 20.5
    Technicians & trades workers 209 16.3
    Clerical & administrative workers 181 14.1
    Sales 136 10.6
    Labourers 167 13.0
    Others 329 25.6
    Occupation
    Census Count Percent(%)
    Pre-school 18 3.5
    Infants/Primary 161 31.1
    Secondary 142 27.4
    Technical or Further Educational Institution 62 12.0
    University or other Tertiary Institutions 120 23.2
    Others 15 2.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1357 56.4
    Flat, unit or apartment 918 38.1
    Semi-detached, row or terrace house, townhouse 132 5.5
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 688 59.7
    Being purchased 249 21.6
    Fully owned 208 18.1
    Other tenure type 7 0.6
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals