Hyde Park - Pimlico

Hyde Park - Pimlico has shown very soft population growth performance across periods assessed by AreaSearch

Hyde Park - Pimlico's population was around 4,728 as of March 2021. By May 2026, it had increased to approximately 4,743 people, reflecting a rise of 15 individuals (0.3%) since the 2021 Census. This change is inferred from ABS estimates and validated new addresses between June 2025 and May 2026. The population density was around 1,482 persons per square kilometer, higher than national averages assessed by AreaSearch. Overseas migration accounted for approximately 74.9% of overall population gains during recent periods.

AreaSearch uses ABS/Geoscience Australia projections for each SA2 area released in June 2024 with a base year of 2022. For areas not covered and years post-2032, Queensland State Government's SA2 area projections from December 2023 based on 2021 data are adopted. However, these state projections lack age category splits, so AreaSearch applies proportional growth weightings in line with ABS Greater Capital Region projections released in June 2023 and based on 2022 data. Projected demographic shifts indicate an overall population decline of 109 persons by 2041. However, specific age cohorts are expected to grow, notably the 25 to 34 age group projected to increase by 139 people during this period.

The level of residential development activity in Hyde Park - Pimlico is very low in comparison to the average area assessed nationally by AreaSearch

Hyde Park - Pimlico has seen approximately eight new homes approved annually over the past five financial years, totalling forty homes. As of FY26, four approvals have been recorded. The average number of new residents per year per dwelling constructed between FY21 and FY25 is 0.1. This suggests that new supply is keeping pace with or exceeding demand, providing ample buyer choice and capacity for population growth beyond current forecasts.

The average construction cost value of new homes is $291,000, which is below the regional average, indicating more affordable housing options for buyers. In FY26, $106.4 million in commercial approvals have been registered, showing strong commercial development momentum. Compared to the rest of Queensland, Hyde Park - Pimlico has significantly less development activity, with 60.0% below the regional average per person. This limited new supply generally supports stronger demand and values for established properties. Nationally, this activity is also lower, reflecting market maturity and possible development constraints.

New development consists of 57.0% standalone homes and 43.0% attached dwellings, with a growing mix of townhouses and apartments offering options across different price points. With around 637 people per dwelling approval, Hyde Park - Pimlico reflects a highly mature market. Given the expected stable or declining population, there should be reduced pressure on housing in Hyde Park - Pimlico, potentially creating opportunities for buyers.

Hyde Park - Pimlico has strong levels of nearby infrastructure activity, ranking in the top 30% nationally

Changes to local infrastructure significantly influence an area's performance. AreaSearch has identified six projects likely to impact the area. Notable projects are Eden Park Estate, Weststate Private Hospital, Harris Crossing Estate, and Sanctum Estate, with the following list detailing those most relevant:.

Professional plan users can use the search below to filter and access additional projects.

Denotes AI-based impression for illustrative purposes only, not to be taken as definitive under any circumstances. Please follow links and conduct other investigations from the project's source for actual imagery. Developers and project owners wishing us to use original imagery please Contact Us and we will do so.

The labour market performance in Hyde Park - Pimlico lags significantly behind most other regions nationally

Hyde Park - Pimlico has a skilled workforce with well-represented essential services sectors. The unemployment rate was 6.8% as of December 2025. This rate is 2.8% higher than Regional Qld's rate of 4.0%.

Workforce participation in the area is similar to Regional Qld's at 64.5%. According to Census responses, a low 6.3% of residents work from home. Leading employment industries among residents include health care & social assistance, construction, and public administration & safety. The area has a notable concentration in public administration & safety, with employment levels at 1.6 times the regional average.

In contrast, agriculture, forestry & fishing employs just 0.7% of local workers, below Regional Qld's 4.5%. There are substantial local employment opportunities, as indicated by the ratio of 0.9 workers for each resident in the Census. During the year to December 2025, the labour force increased by 0.1%, while employment declined by 0.4%, causing unemployment to rise by 0.5 percentage points. By comparison, Regional Qld recorded employment growth of 0.7% and labour force growth of 1.0%, with unemployment rising by 0.3 percentage points. Jobs and Skills Australia's national employment forecasts from May-25 suggest that national employment is expected to expand by 6.6% over five years and 13.7% over ten years. Applying these projections to Hyde Park - Pimlico's employment mix suggests local employment should increase by 6.8% over five years and 14.1% over ten years, based on a simple weighting extrapolation for illustrative purposes.

Income levels sit below national averages according to AreaSearch assessment

Hyde Park - Pimlico SA2 had a median taxpayer income of $54,794 and an average of $63,951 in FY 2023. This was lower than the national average, with Regional Qld having a median income of $53,146 and average income of $66,593. By March 2026, estimated incomes would be approximately $61,019 (median) and $71,216 (average), based on Wage Price Index growth of 11.36% since FY 2023. According to the 2021 Census, household incomes were at the 20th percentile, while personal income was at the 50th percentile. The $1,500 - 2,999 income bracket dominated with 26.8% of residents (1,271 people), similar to regional levels where 31.7% occupied this bracket. Housing affordability pressures were severe, with only 83.0% of income remaining, ranking at the 20th percentile.

Hyde Park - Pimlico displays a diverse mix of dwelling types, with a higher proportion of rental properties than the broader region

Hyde Park-Pimlico's dwelling structure, as per the latest Census, consisted of 54.0% houses and 45.9% other dwellings. This contrasts with Queensland's regional average of 76.4% houses and 23.6% other dwellings. Home ownership in Hyde Park-Pimlico stood at 21.1%, with mortgaged dwellings at 27.1% and rented ones at 51.9%. The median monthly mortgage repayment was $1,473, lower than Regional Qld's average of $1,655. The median weekly rent figure was recorded at $250, compared to Regional Qld's $345. Nationally, Hyde Park-Pimlico's mortgage repayments were significantly lower than the Australian average of $1,863, and rents were substantially below the national figure of $375.

Hyde Park - Pimlico features high concentrations of lone person households and group households, with a lower-than-average median household size

Family households account for 54.8% of all households, including 20.3% couples with children, 20.5% couples without children, and 12.6% single parent families. Non-family households constitute the remaining 45.2%, with lone person households at 39.5% and group households making up 5.5% of the total. The median household size is 2.1 people, which is smaller than the Regional Queensland average of 2.5.

Educational attainment in Hyde Park - Pimlico aligns closely with national averages, showing typical qualification patterns and performance metrics

The area's educational profile is notable regionally with university qualification rates of 25.9%, exceeding the SA4 region average of 20.1% and that of Rest of Qld (20.6%). Bachelor degrees are most prevalent at 19.0%, followed by postgraduate qualifications (4.6%) and graduate diplomas (2.3%). Vocational credentials are prominent with 35.8% of residents aged 15+ holding them, including advanced diplomas (10.7%) and certificates (25.1%).

Educational participation is high at 29.8%, comprising primary education (9.6%), secondary education (8.1%), and tertiary education (5.9%).

Transport servicing is good compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

Hyde Park - Pimlico has 29 active public transport stops offering mixed bus services. These stops are served by 8 different routes, facilitating a total of 1314 weekly passenger trips. The area's transport accessibility is rated excellent, with residents typically located 194 meters from the nearest stop. As predominantly residential, most commuters travel outward. Cars remain the primary mode at 88%, with cycling at 3%. Vehicle ownership averages 1.1 per dwelling, below regional norms.

Only 6.3% of residents work from home (2021 Census). Service frequency averages 187 trips daily across all routes, equating to around 45 weekly trips per individual stop.

Health performance in Hyde Park - Pimlico is well below average with prevalence of common health conditions notable across both younger and older age cohorts

Health data shows significant health issues in Hyde Park - Pimlico, based on AreaSearch's analysis of mortality rates and chronic condition prevalence. Common health conditions are prevalent across both younger and older age groups.

Private health cover is relatively low at approximately 50% of the total population (~2,395 people), compared to the national average of 55.7%. The most common medical conditions are mental health issues (11.2%) and arthritis (8.5%). About 65.8% of residents report no medical ailments, compared to 67.6% across Regional Qld. Working-age residents face notable health challenges with higher chronic condition rates. There are 17.1% of residents aged 65 and over (810 people), lower than the 20.4% in Regional Qld. Health outcomes among seniors present some challenges, broadly in line with national rankings.

Hyde Park - Pimlico ranks below the Australian average when compared to other local markets across a number of language and cultural background related metrics

Hyde Park-Pimlico showed cultural diversity below average, with 84.8% citizens, 82.6% born in Australia, and 89.0% speaking English only at home. Christianity was the predominant religion, accounting for 50.6%. The 'Other' category showed overrepresentation at 1.4%, compared to Regional Qld's 0.8%.

Top ancestry groups were English (26.5%), Australian (24.1%), and Irish (9.9%). Notable divergences included Scottish (8.9% vs regional 7.8%), Spanish (0.6% vs 0.3%), and Filipino (2.0% vs 0.9%).

Hyde Park - Pimlico's population aligns closely with national norms in age terms

The median age in Hyde Park - Pimlico is 39 years, which is lower than Regional Queensland's average of 41 but close to the national average of 38. The age profile shows that individuals aged 25-34 are prominent at 16.4%, while those aged 65-74 are smaller in number at 8.7% compared to Regional Queensland. Between 2021 and present, the 25-34 age group has increased from 14.2% to 16.4%, the 75-84 cohort has grown from 4.7% to 5.9%, and the 45-54 cohort has decreased from 13.3% to 12.3%. By 2041, projections show significant shifts in Hyde Park - Pimlico's age structure. The 25-34 age group is projected to increase by 101 people (13%), from 780 to 882. Conversely, both the 45-54 and 65-74 age groups are expected to decrease in number.