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Pimlico, QLD 4812

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Pimlico, QLD 4812 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Pimlico, QLD 4812”

  1. The total adult population (15 years or older) of Pimlico 4812 QLD is 2,150, with a median age of 39. Of those, 30.51% are married, 18.42% are divorced or separated, 45.53% are single and 5.81% are widowed.

    The average household size is 2.0 people per dwelling, and the median household monthly income is estimated to be $7,640. The median monthly mortgage repayment for households in this suburb is $1,354 which is 17.72% of their earnings.

    Source: ABS Census Data (2021)

  2. Nestled within Queensland, the suburb of Pimlico, 4812, is home to approximately 1508 households. As we stride into the third quarter of 2023, the property market for houses in Pimlico exhibits some interesting dynamics. The typical price for houses here is clocking in at an average of $364,372, with a weekly median rent listed at $400. This translates into an enticing indicative yield of 5.71%, surpassing the minimum attractive market requirement for property investors. This yield showcases not only impressive cash flow benefits but also the rationality behind the appeal to investors looking for rich returns on investment.

    Pimlico wears an IRSAD score badge of 905 out of 1217, indicating a fairly good socio-economic status amongst its residents. Nonetheless, the renter to owner ratio is somewhat high at 56%, veering towards being a potential risk zone for property investors. However, with a low units to houses ratio at 28%, the risk is somewhat mitigated. It’s a favourable sign for investors as it reduces competition among landlords for tenants and helps maintain higher rental yields. The potential stability in the housing market is further accentuated by the affordability index for houses in this suburb, which rests at 19 years, well within the favourable range.

    Looking into supply metrics, the stock on market percentage for houses lays low at a favourable 0.22%, indicating a constrained supply. Adding to this is the inventory level for houses at 0.65 months, again singling out low supply. The building approvals ratio for houses also leans favourably low at 0.11%, indicating slow growth in new dwelling stock and a likelihood of a sustained demand-supply balance.

    Properties in Pimlico, however, spend a slightly longer time on the market, with an average of 76 days, which nudges towards the unfavourable range of low demand, while the vacancy rate stands incredibly low at a mere 0.35%. This figure flags an extremely high demand scenario, hinting at the potential for increased rents and lower vacancies.

    However, buyers’ interest has been modest in Pimlico with a buy search index of 3. Despite the hard metrics falling into a largely favourable range, it’s crucial to stay informed about ongoing or impending developments. As many elements can sway the scales in either direction, real estate investors are encouraged to maintain an eagle’s eye on market fluctuations while leveraging automated tools such as HtAG Analytics’ Relative Composite Score (RCS) for a well-rounded analysis.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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