Pimlico, 4812 ranked 896th in QLD when comparing growth in median property values or capital gain over the last 12 months. Pimlico is one of 2415 in our list for QLD
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Pimlico has fallen somewhat when compared to the 5 year average annual rate.
State is the 2nd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.90% offered to property buyers. Sellers in Pimlico itself are offering an average vendor discount of -8.96% to real estate investors.
Renters in Suburb are facing rents around $18200 per annum or $350 every week.
If you compare the increase in value of investment property in Pimlico, 4812 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -4.19%.
Pimlico, 4812 is offering QLD ‘s most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 10% of discounts offered by this QLD.
At number 1450 in a list of fastest selling suburbs, Pimlico is in the bottom 10% of suburbs in Australia with an average of days on market 114.5 for properties listed there.
Pimlico is 17th on a list of best yielding suburbs for rents in QLD with a 8.45% return