Pimlico (Qld)

Pimlico is positioned among the lower quartile of areas assessed nationally for population growth based on AreaSearch's assessment of recent, and medium term trends

Based on analysis of ABS population updates for the broader area, as of Feb 2026, Pimlico's estimated population is around 2,573. This reflects an increase of 16 people since the 2021 Census, which reported a population of 2,557. The change is inferred from AreaSearch's estimate of 2,571 residents following examination of ABS' latest ERP data release (June 2024) and validation of seven new addresses since the Census date. This level of population equates to a density ratio of 2,126 persons per square kilometer, above the average seen across national locations assessed by AreaSearch. Population growth was primarily driven by overseas migration contributing approximately 69.0% of overall population gains during recent periods.

AreaSearch is adopting 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 are adopted, released in 2023 based on 2021 data. Population projections indicate a decline by 2041 according to this methodology. However, growth across specific age cohorts is anticipated, led by the 25 to 34 age group projected to expand by 116 people.

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

Pimlico has seen approximately 4 residential properties granted approval each year, with a total of 21 homes approved between financial years FY-21 to FY-25, and an additional 2 approved in FY-26. On average, 0.1 people have moved to the area per dwelling built over these five years. New construction has been matching or outpacing demand, offering buyers more options while enabling population growth.

The average expected construction cost of new properties is $259,000, which is below the regional average, suggesting more affordable housing options. In FY-26, commercial approvals totaled $85.1 million, indicating high levels of local commercial activity. Compared to Rest of Qld, Pimlico has significantly less development activity, with 61.0% below the regional average per person. This scarcity typically strengthens demand and prices for existing properties. Recent construction comprises 50.0% standalone homes and 50.0% medium and high-density housing, appealing to downsizers, investors, and entry-level buyers. Pimlico's population density is around 1030 people per approval, indicating a mature, established area with stable or declining population projections, reducing housing demand pressures.

With population projections showing stability or decline, Pimlico should see reduced housing demand pressures, benefiting potential buyers.

Pimlico has very high levels of nearby infrastructure activity, ranking in the top 20% nationally

Changes to local infrastructure significantly impact an area's performance. Five projects, identified by AreaSearch as potentially influential, are known. Major ones comprise Eden Park Estate, Harris Crossing Estate, Weststate Private Hospital, and Sanctum Estate. Details about these projects, deemed most relevant, follow.

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.

Employment drivers in Pimlico are experiencing difficulties, placing it among the bottom 20% of areas assessed across Australia

Pimlico has a skilled workforce with essential services sectors well represented. As of September 2025, the unemployment rate is 8.5%. This rate is 4.5% higher than Rest of Qld's rate of 4.1%, indicating room for improvement.

Workforce participation in Pimlico is somewhat below standard at 60.9%, compared to Rest of Qld's 65.7%. A low 4.6% of residents work from home, based on Census responses, though Covid-19 lockdown impacts should be considered. Leading employment industries among residents comprise health care & social assistance, retail trade, and public administration & safety. Pimlico demonstrates a particularly notable concentration in health care & social assistance, with employment levels at 1.3 times the regional average.

Conversely, agriculture, forestry & fishing is under-represented, with only 0.0% of Pimlico's workforce compared to Rest of Qld's 4.5%. Many residents commute elsewhere for work, as indicated by the count of Census working population to local population. During the year to September 2025, the labour force increased by 0.1%, while employment declined by 1.1%, resulting in an unemployment rate rise of 1.1 percentage points. This compares to Rest of Qld, where employment grew by 1.7%, labour force expanded by 2.1%, and unemployment rose by 0.3 percentage points. Jobs and Skills Australia's national employment forecasts from May-25 offer insight into potential future demand within Pimlico. These projections suggest national employment should expand by 6.6% over five years and 13.7% over ten years, with growth rates differing significantly between industry sectors. Applying these industry-specific projections to Pimlico's employment mix suggests local employment should increase by 6.8% over five years and 14.2% over ten years.

Income figures position the area below 75% of locations analysed nationally by AreaSearch

The suburb of Pimlico had a median taxpayer income of $47,860 and an average income of $56,130 in the latest postcode level ATO data aggregated by AreaSearch for financial year 2023. This is lower than the national average, with Rest of Qld having a median income of $53,146 and an average income of $66,593. Based on Wage Price Index growth of 9.91% from financial year 2023 to September 2025, estimated incomes would be approximately $52,603 (median) and $61,692 (average). Census data shows household incomes are at the 8th percentile, while personal income is at the 36th percentile. The predominant income cohort in Pimlico is 27.6% of locals (710 people) earning between $400 and $799, differing from the surrounding region where the $1,500 to $2,999 category predominates at 31.7%. Housing affordability pressures are severe, with only 81.1% of income remaining after housing costs, ranking at the 8th percentile.

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

Pimlico's dwelling structure, as per the latest Census, consisted of 45.1% houses and 54.9% other dwellings (semi-detached, apartments, 'other' dwellings). In comparison, Non-Metro Qld had 76.4% houses and 23.6% other dwellings. Home ownership in Pimlico was 18.1%, with mortgaged dwellings at 23.0% and rented ones at 58.9%. The median monthly mortgage repayment was $1,354, lower than Non-Metro Qld's average of $1,655. The median weekly rent figure in Pimlico was $240, compared to Non-Metro Qld's $345. Nationally, Pimlico's mortgage repayments were significantly lower at $1,354 than the Australian average of $1,863, and rents were substantially below the national figure of $375.

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

Family households constitute 50.8 percent of all households, including 17.8 percent couples with children, 18.4 percent couples without children, and 13.2 percent single parent families. Non-family households comprise the remaining 49.2 percent, with lone person households at 43.8 percent and group households making up 5.2 percent of the total. The median household size is 2.0 people, which is smaller than the Rest of Qld average of 2.5.

Pimlico shows strong educational performance, ranking in the upper quartile nationally when assessed across multiple qualification and achievement indicators

Pimlico's educational qualifications trail regional benchmarks; 22.7% of residents aged 15+ hold university degrees compared to Australia's 30.4%. This gap indicates potential for educational development and skills enhancement. Bachelor degrees are the most common (17.8%), followed by postgraduate qualifications (3.2%) and graduate diplomas (1.7%). Vocational credentials are prominent, with 37.2% of residents aged 15+ holding them; advanced diplomas account for 10.2%, while certificates comprise 27.0%.

Educational participation is high, with 30.5% of residents currently enrolled in formal education: 9.9% in primary, 7.6% in secondary, and 5.7% pursuing tertiary education.

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

Pimlico has 13 operational public transport stops, all serving buses. These are served by five routes, offering a total of 798 weekly passenger trips. Transport access is rated excellent, with residents typically living 159 meters from the nearest stop. Most residents commute outward daily. Car use dominates at 86%, with 4% walking and 4% cycling. On average, there are 0.9 vehicles per dwelling, below the regional norm.

According to the 2021 Census, only 4.6% of residents work from home, which might be due to COVID-19 conditions. Across all routes, service frequency averages 114 trips per day, equating to approximately 61 weekly trips per stop.

Health performance in Pimlico is a key challenge with a range of health conditions having marked impacts on both younger and older age cohorts

Pimlico faces significant health challenges, as indicated by AreaSearch's assessment. Mortality rates and chronic condition prevalence are high across various health conditions that affect both younger and older age groups. Private health cover is relatively low at approximately 49% of the total population (around 1,272 people), compared to 52.5% in the rest of Queensland and a national average of 55.7%.

Mental health issues and arthritis are the most common medical conditions, affecting 12.0% and 9.1% of residents respectively. However, 63.6% of residents claim to be completely clear of medical ailments, compared to 67.6% in the rest of Queensland. The working-age population faces notable health challenges due to elevated chronic condition rates. Pimlico has 17.8% of residents aged 65 and over (457 people), which is lower than the 20.4% in the rest of Queensland. Health outcomes among seniors present some challenges, with national rankings broadly in line with the general population.

In terms of cultural diversity, Pimlico records figures broadly comparable to the national average, as found in AreaSearch's assessment of a number of language and cultural background related metrics

Pimlico's cultural diversity was above average, with 19.4% of its population born overseas and 12.9% speaking a language other than English at home. Christianity was the predominant religion in Pimlico, comprising 52.2% of the population. However, Judaism was overrepresented compared to the rest of Queensland, making up 0.1% of Pimlico's population versus 0.1%.

The top three ancestry groups were English (26.3%), Australian (24.7%), and Irish (9.6%). Notably, Filipino (2.2%) and Spanish (0.5%) groups were overrepresented in Pimlico compared to regional averages of 0.9% and 0.3%, respectively. Additionally, Australian Aboriginal representation was higher at 4.2% versus the regional average of 3.9%.

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

The median age in Pimlico is 38 years, which is slightly below Rest of Qld's average of 41 but aligns with Australia's median age of 38. The 25-34 age group makes up 18.6% of Pimlico's population, higher than Rest of Qld's percentage. Conversely, the 5-14 age group comprises 9.7%, lower than Rest of Qld's figure. According to data from the 2021 Census, the 25-34 age group increased from 15.2% to 18.6%. Meanwhile, the 5-14 cohort decreased from 11.1% to 9.7%, and the 45-54 group fell from 13.4% to 12.1%. By 2041, population forecasts indicate significant demographic changes in Pimlico. Notably, the 25-34 age group is projected to grow by 14 people, reaching 545 from 478. Conversely, the 45-54 and 65-74 cohorts are expected to see population declines.