Hyde Park - Pimlico

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

Based on AreaSearch's analysis, Hyde Park - Pimlico's population is around 4,761 as of Feb 2026. This reflects an increase of 33 people (0.7%) since the 2021 Census, which reported a population of 4,728 people. The change is inferred from the estimated resident population of 4,759 from the ABS as of June 2024 and an additional 11 validated new addresses since the Census date. This population level equates to a density ratio of 1,487 persons per square kilometer, which is above the average seen across national locations assessed by AreaSearch. Population growth for the area was primarily driven by overseas migration, which contributed approximately 68.6% of overall population gains during recent periods.

AreaSearch adopts ABS/Geoscience Australia projections for each SA2 area, as released in 2024 with 2022 as the base year. For any SA2 areas not covered by this data, and for years post-2032, Queensland State Government's SA2 area projections, released in 2023 and based on 2021 data, are adopted. It should be noted that these state projections do not provide age category splits; hence, where utilised, AreaSearch applies proportional growth weightings in line with the ABS Greater Capital Region projections (released in 2023, based on 2022 data) for each age cohort. Considering the projected demographic shifts, projections indicate a decline in overall population, with the area's population expected to decline by 105 persons by 2041 according to this methodology. However, growth across specific age cohorts is anticipated, led by the 25 to 34 age group, which is projected to increase by 203 people. See the age section for more details.

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 around 8 new homes approved annually, totalling 40 homes over the past 5 financial years. So far in FY-26, 2 approvals have been recorded. Given an average of only 0.1 new residents per year per dwelling constructed over the past 5 financial years (between FY-21 and FY-25), new supply is keeping pace with or exceeding demand, offering ample buyer choice and creating capacity for population growth beyond current forecasts, while new homes are being built at an average value of $291,000—below the regional average—suggesting more affordable housing options for buyers. Additionally, $106.4 million in commercial approvals have been registered this financial year, indicating strong commercial development momentum.

Relative to the Rest of Qld, Hyde Park - Pimlico has significantly less development activity (60.0% below regional average per person). This limited new supply generally supports stronger demand and values for established properties. This activity is likewise lower than nationally, reflecting market maturity and pointing to possible development constraints. New development consists of 57.0% standalone homes and 43.0% attached dwellings, with a growing mix of townhouses and apartments providing options across different price points, from family homes to more affordable compact living. With around 637 people per dwelling approval, Hyde Park - Pimlico reflects a highly mature market.

With the population expected to remain stable or decline, Hyde Park - Pimlico should see reduced pressure on housing, potentially creating opportunities for buyers.

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

Nothing can influence an area's performance as much as changes to local infrastructure, major projects, and planning initiatives. In total, 6 projects have been identified by AreaSearch that are likely to have an impact on the area. Key projects include Eden Park Estate, Weststate Private Hospital, Harris Crossing Estate, and Sanctum Estate, with the list below detailing those likely to be of most relevance.

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 possesses a skilled workforce, with essential services sectors well represented, an unemployment rate of 6.8%, and relative employment stability over the past year. As of December 2025, 2,349 residents are in work, while the unemployment rate is 2.8% above Regional Qld's rate of 4.0%, and workforce participation is somewhat below standard (62.7% compared to Regional Qld's 65.4%). Based on Census responses, a low 6.3% of residents were found to work from home, though Covid-19 lockdown impacts should be considered.

Leading employment industries among residents comprise health care & social assistance, construction, and public administration & safety. The area demonstrates a particularly 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%. The ratio of 0.9 workers for each resident, as at the Census, indicates substantial local employment opportunities.

Based on AreaSearch analysis of SALM and ABS data, during the year to December 2025, the labour force increased by 0.1% alongside a 0.4% employment decline, causing unemployment to rise by 0.5 percentage points. By comparison, Regional Qld recorded employment growth of 0.7%, labour force growth of 1.0%, with unemployment rising 0.3 percentage points. Jobs and Skills Australia's national employment forecasts from May-25 can offer further insight into potential future demand within Hyde Park - Pimlico. These projections, covering five and ten-year periods, have been mapped against the local employment profile to estimate growth patterns. While national employment is forecast to expand by 6.6% over five years and 13.7% over ten years, growth rates differ significantly between industry sectors. Applying these industry-specific 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 (please note this is a simple weighting extrapolation for illustrative purposes and does not take into account localised population projections).

Income levels sit below national averages according to AreaSearch assessment

The Hyde Park - Pimlico SA2 shows a median taxpayer income of $54,794 and an average of $63,951 according to the latest postcode level ATO data aggregated by AreaSearch for FY-23. This is lower than average on a national basis, contrasting with Regional Qld's median income of $53,146 and average income of $66,593. Based on Wage Price Index growth of 9.91% since FY-23, current estimates would be approximately $60,224 (median) and $70,289 (average) as of September 2025. According to 2021 Census figures, household incomes sit at the 20th percentile, while personal income performs better at the 50th percentile. The data shows the $1,500 - 2,999 bracket dominates with 26.8% of residents (1,275 people), mirroring regional levels where 31.7% occupy this bracket. Housing affordability pressures are 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

Dwelling structure within Hyde Park - Pimlico, as evaluated at the latest Census, comprised 54.0% houses and 45.9% other dwellings (semi-detached, apartments, 'other' dwellings), in comparison to Regional Qld's 76.4% houses and 23.6% other dwellings. Meanwhile, the level of home ownership within Hyde Park - Pimlico lagged that of Regional Qld at 21.1%, with the remainder of dwellings either mortgaged (27.1%) or rented (51.9%). The median monthly mortgage repayment in the area was well below the Regional Qld average at $1,473, while the median weekly rent figure was recorded at $250, compared to Regional Qld's $1,655 and $345. Nationally, Hyde Park - Pimlico's mortgage repayments are significantly lower than the Australian average of $1,863, while rents are 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 dominate at 54.8% of all households, comprising 20.3% couples with children, 20.5% couples without children, and 12.6% single parent families. Non-family households make up the remaining 45.2%, with lone person households at 39.5% and group households comprising 5.5% of the total. The median household size of 2.1 people is smaller than the Regional Qld 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 stands out regionally, with university qualification rates (25.9% of residents aged 15+) exceeding the SA4 region average of 20.1% and that of Rest of Qld (20.6%), reflecting the community's emphasis on higher education. Bachelor degrees lead at 19.0%, followed by postgraduate qualifications (4.6%) and graduate diplomas (2.3%). Trade and technical skills feature prominently, with 35.8% of residents aged 15+ holding vocational credentials, including advanced diplomas (10.7%) and certificates (25.1%).

Educational participation is notably high, with 29.8% of residents currently enrolled in formal education. This includes 9.6% in primary education, 8.1% in secondary education, and 5.9% pursuing tertiary education.

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

Public transport analysis reveals 29 active transport stops operating within Hyde Park - Pimlico, comprising a mix of buses. These stops are serviced by 8 individual routes, collectively providing 1,314 weekly passenger trips. Transport accessibility is rated as excellent, with residents typically located 194 meters from the nearest transport stop. As a primarily residential area, most residents commute outward; the car remains the dominant mode at 88%, with 3% cycling. Vehicle ownership averages 1.1 per dwelling, which is below the regional average. A relatively low 6.3% of residents work from home (2021 Census; may reflect COVID-19 conditions).

Service frequency averages 187 trips per day across all routes, equating to approximately 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 reveals substantial challenges facing Hyde Park - Pimlico, based on AreaSearch's assessment of mortality rates and chronic condition prevalence. The prevalence of common health conditions is notable across both younger and older age cohorts, and the rate of private health cover is relatively low at approximately 50% of the total population (~2,404 people), compared to the national average of 55.7%.

The most common medical conditions in the area are mental health issues and arthritis, impacting 11.2% and 8.5% of residents, respectively, while 65.8% declared themselves as completely clear of medical ailments compared to 67.6% across Regional Qld. The working-age population faces notable health challenges with elevated chronic condition rates. The area has 16.8% of residents aged 65 and over (798 people), which is lower than the 20.4% in Regional Qld. Health outcomes among seniors present some challenges, with national rankings broadly in line with the general population.

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 was found to be below average in terms of cultural diversity, with 84.8% of its population being citizens, 82.6% born in Australia, and 89.0% speaking English only at home. The main religion in Hyde Park - Pimlico is Christianity, which makes up 50.6% of the population. However, the most apparent overrepresentation was in Other, which comprises 1.4% of the population, compared to 0.8% across Regional Qld.

In terms of ancestry (country of birth of parents), the top three represented groups in Hyde Park - Pimlico are English, comprising 26.5% of the population, Australian, comprising 24.1% of the population, and Irish, comprising 9.9% of the population. Additionally, there are notable divergences in the representation of certain other ethnic groups: Scottish is notably overrepresented at 8.9% in Hyde Park - Pimlico (vs 7.8% regionally), Spanish at 0.6% (vs 0.3%), and Filipino at 2.0% (vs 0.9%).

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

The 38-year median age in Hyde Park - Pimlico is marginally below Regional Qld's average of 41 while in line with Australia's 38 years. The 25 - 34 age group shows strong representation at 17.7% compared to Regional Qld, whereas the 65 - 74 cohort is less prevalent at 8.6%. Post-2021 Census data shows the 25 to 34 age group has grown from 14.2% to 17.7% of the population. Conversely, the 45 to 54 cohort has declined from 13.3% to 11.8% and the 5 to 14 group dropped from 11.3% to 10.1%. Population forecasts for 2041 indicate substantial demographic changes for Hyde Park - Pimlico. Leading the demographic shift, the 25 to 34 group will grow by 13% (108 people), reaching 953 from 844. Conversely, the 45 to 54 and 65 to 74 cohorts are expected to experience population declines.