Hyde Park - Pimlico

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

Hyde Park - Pimlico's population, as of November 2025, is approximately 4,759 people. This figure represents an increase of 31 individuals from the 2021 Census count of 4,728 people. The change can be attributed to an estimated resident population of 4,759 in June 2024 and the validation of 11 new addresses since the Census date. This results in a population density ratio of 1,487 persons per square kilometer, higher than the average across national locations assessed by AreaSearch. Overseas migration contributed approximately 68.6% to recent overall population gains in the area.

AreaSearch uses ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022. For areas not covered and years post-2032, Queensland State Government's SA2 area projections from 2023, based on 2021 data, are adopted. However, these state projections lack age category splits; thus, AreaSearch applies proportional growth weightings aligned with ABS Greater Capital Region projections released in 2023 and based on 2022 data. By 2041, the area's population is projected to decrease by 105 persons. However, specific age cohorts are expected to grow, notably the 25 to 34 age group, which is projected to increase by 203 people.

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 FY-26, one approval has been recorded. The average number of new residents per year per dwelling constructed between FY-21 and FY-25 is 0.1. This indicates that new supply is keeping pace with or exceeding demand, offering ample buyer choice and creating capacity for population growth beyond current forecasts.

The average construction cost value of new homes is $291,000, which is below the regional average, suggesting more affordable housing options for buyers. In FY-26, $106.4 million in commercial approvals have been registered, indicating strong commercial development momentum. Compared to the rest of Queensland, Hyde Park - Pimlico has significantly less development activity, 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 providing 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, housing pressure in Hyde Park - Pimlico is likely to remain reduced, potentially creating opportunities for buyers.

Hyde Park - Pimlico has strong levels of nearby infrastructure activity, ranking in the top 40% nationally

Changes to local infrastructure significantly influence an area's performance. AreaSearch has identified seven projects likely impacting the area. Notable projects are Eden Park Estate, Weststate Private Hospital, Harris Crossing Estate, and Sanctum Estate. The following details 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 an unemployment rate of 7.2% as of September 2025, with 3.1% above the Rest of Qld's rate of 4.1%. The workforce participation is 62.4%, slightly higher than Rest of Qld's 59.1%.

Key employment industries include health care & social assistance, construction, and public administration & safety, with notable concentration in the latter at 1.6 times the regional average. Agriculture, forestry & fishing employs only 0.7% of local workers, below Rest of Qld's 4.5%. The worker-to-resident ratio is 0.9, indicating substantial employment opportunities. Between September 2024 and September 2025, labour force remained unchanged while employment declined by 1%, leading to a 0.9 percentage point rise in unemployment.

In contrast, Rest of Qld saw employment growth of 1.7% and labour force growth of 2.1%. As of 25-Nov-25, Queensland's employment contracted by 0.01% (losing 1,210 jobs), with the state unemployment rate at 4.2%, closely aligned with the national rate of 4.3%. National employment forecasts from May-25 project a 6.6% increase over five years and 13.7% over ten years. Applying these projections to Hyde Park - Pimlico's industry mix suggests local employment growth of 6.8% over five years and 14.1% over ten years, though these are simple extrapolations for illustrative purposes only.

Income levels sit below national averages according to AreaSearch assessment

The Hyde Park - Pimlico SA2 had a median taxpayer income of $52,206 and an average of $61,226 in the financial year 2022. This was lower than national averages, with Rest of Qld having a median income of $50,780 and an average of $64,844. By September 2025, estimates suggest the median income would be approximately $59,510 and the average around $69,792, based on Wage Price Index growth since financial year 2022. According to the 2021 Census, household incomes were at the 20th percentile while personal incomes were at the 50th percentile. The income bracket of $1,500 - 2,999 dominated with 26.8% of residents (1,275 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 (semi-detached, apartments, 'other' dwellings). This contrasts with Non-Metro Qld's figures of 81.3% houses and 18.7% 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 Non-Metro Qld's average of $1,517. The median weekly rent in the area was $250, compared to Non-Metro Qld's figure of $305. Nationally, Hyde Park - Pimlico's mortgage repayments were significantly lower at $1,473 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 comprising 5.5%. The median household size is 2.1 people, which is smaller than the Rest of 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 is notable regionally, with university qualification rates of 25.9% among residents aged 15+, surpassing the SA4 region average of 20.1% and that of Rest of Qld at 20.6%. Bachelor degrees are most common 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 such qualifications – advanced diplomas account for 10.7% and certificates for 25.1%.

Educational participation is high, with 29.8% of residents currently enrolled in formal education, including 9.6% in primary, 8.1% in secondary, 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

Hyde Park - Pimlico has 29 active public transport stops, all of which are bus stops. These stops are served by 8 different routes that together facilitate 1,314 weekly passenger trips. The area's transport accessibility is rated as excellent, with residents located an average of 194 meters from the nearest stop.

The service frequency across all routes averages 187 trips per day, translating to roughly 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 indicates significant health challenges in Hyde Park - Pimlico, with high prevalence of common conditions across both younger and older age groups. Approximately 51% (~2,408 people) have private health cover, compared to 53.3% in Rest of Qld.

Mental health issues and arthritis are the most prevalent conditions, affecting 11.2% and 8.5% respectively. 65.8% claim to be free from medical ailments, compared to 67.8% in Rest of Qld. The area has a higher proportion of seniors at 16.9% (802 people), compared to 14.9% in Rest of Qld. Senior health outcomes align with the general population's health profile.

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 have below average cultural diversity, with 84.8% of its population being Australian citizens and 82.6% born in Australia. The majority, 89.0%, spoke English only at home. Christianity was the main religion, comprising 50.6%.

However, the most notable overrepresentation was in the 'Other' category, which made up 1.4% compared to 0.7% regionally. In terms of ancestry, the top three groups were English (26.5%), Australian (24.1%), and Irish (9.9%). There were also notable divergences in certain ethnic groups: Scottish was overrepresented at 8.9%, Spanish at 0.6%, and Filipino at 2.0%.

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

The median age in Hyde Park - Pimlico is 38 years, which is slightly below Rest of Queensland's average of 41 but matches Australia's median age of 38 years. The 25-34 age group constitutes 16.9% of the population, higher than Rest of Qld's percentage. Conversely, the 65-74 cohort makes up 8.7%, lower than Rest of Qld's figure. According to post-2021 Census data, the 25-34 age group has increased from 14.2% to 16.9%. Meanwhile, the 45-54 cohort has decreased from 13.3% to 12.2%. Population forecasts for 2041 suggest significant demographic changes in Hyde Park - Pimlico. Notably, the 25-34 group is projected to grow by 18%, adding 147 people and reaching a total of 953 from the current 805. Conversely, both the 65-74 and 45-54 cohorts are expected to experience population declines.