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 November 2025, 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 was inferred from AreaSearch's estimation of the resident population at 2,571 following examination of ABS' latest ERP data release in June 2024 and an additional 7 validated 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 adopts 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 released in 2023 based on 2021 data are adopted. However, these state projections do not provide age category splits; hence proportional growth weightings aligned with ABS Greater Capital Region projections released in 2023 based on 2022 data are applied for each age cohort. Over this period, projections indicate a decline in overall population by 28 persons by 2041. However, specific age cohorts like the 25 to 34 group are anticipated to grow, with an expected increase of 113 people.

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

AreaSearch analysis of ABS building approval numbers in Pimlico shows approximately 4 residential properties granted approval each year over the past five financial years, totalling an estimated 21 homes. As of FY-26, 2 approvals have been recorded. The average new residents per year per dwelling constructed between FY-21 and FY-25 is 0.1, indicating that supply meets or exceeds demand, offering greater buyer choice and supporting potential population growth while providing more affordable housing options with an average construction value of $259,000. In this financial year, $85.1 million in commercial approvals have been registered, suggesting strong commercial development momentum.

Compared to the Rest of Qld, Pimlico has 61.0% less construction per person, which typically strengthens demand and prices for existing properties. Recent construction comprises 50.0% detached dwellings and 50.0% medium and high-density housing, appealing to downsizers, investors, and entry-level buyers. With around 1030 people per approval, Pimlico is a mature, established area with an expected stable or declining population, potentially reducing pressure on housing and creating buying opportunities.

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

Pimlico has very high levels of nearby infrastructure activity, ranking in the top 10% nationally

Changes to local infrastructure significantly influence an area's performance. AreaSearch has identified five projects likely impacting the area. Major projects include Eden Park Estate, Harris Crossing Estate, Weststate Private Hospital, and Sanctum Estate. The following details projects likely 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.

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. The unemployment rate is 8.6%, as per AreaSearch's aggregation of statistical area data.

As of September 2025, there are 1,203 residents employed, with an unemployment rate of 4.5% above the Rest of Qld's rate of 4.1%. Workforce participation is similar to Rest of Qld's 59.1%. Employment is concentrated in health care & social assistance, retail trade, and public administration & safety. Health care & social assistance has an employment share of 1.3 times the regional level, while agriculture, forestry & fishing employs none of local workers, compared to Rest of Qld's 4.5%.

Many residents commute elsewhere for work, indicated by Census working population count. In the 12-month period ending September 2025, labour force decreased by 0.2% and employment declined by 1.4%, causing unemployment to rise by 1.2 percentage points. This contrasts with Rest of Qld's employment growth of 1.7% and labour force expansion of 2.1%. State-level data to 25-Nov-25 shows Queensland employment contracted by 0.01%, with a state unemployment rate of 4.2%. Jobs and Skills Australia forecasts national employment growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Pimlico's employment mix suggests local employment should increase by 6.8% over five years and 14.2% over ten years, though this is a simple weighting extrapolation for illustrative purposes.

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

AreaSearch's latest postcode level ATO data released for financial year 2023 shows Pimlico has a median income among taxpayers of $47,860 and an average of $56,130. This is lower than national averages. Rest of Qld's median is $53,146 with an average of $66,593. Based on Wage Price Index growth of 9.91% since financial year 2023, estimates for September 2025 would be approximately $52,603 (median) and $61,692 (average). Census data reveals household incomes are at the 8th percentile while personal income is at the 36th percentile. Income analysis shows 27.6% of locals fall into the $400 - $799 category, differing from regional patterns where $1,500 - $2,999 dominates with 31.7%. Housing affordability pressures are severe, with only 81.1% of income remaining, ranking at the 8th percentile.

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

The dwelling structure in Pimlico, as per the latest Census, consisted of 45.1% houses and 54.9% other dwellings (semi-detached, apartments, 'other' dwellings). This compares to Non-Metro Qld's 81.3% houses and 18.7% other dwellings. Home ownership in Pimlico stood at 18.1%, with mortgaged dwellings at 23.0% and rented dwellings at 58.9%. The median monthly mortgage repayment was $1,354, below Non-Metro Qld's average of $1,517. The median weekly rent in Pimlico was $240, compared to Non-Metro Qld's $305. Nationally, Pimlico's mortgage repayments were significantly lower 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% of all households, including 17.8% couples with children, 18.4% couples without children, and 13.2% single parent families. Non-family households comprise the remaining 49.2%, with lone person households at 43.8% and group households making up 5.2%. 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

In Pimlico, 22.7% of residents aged 15 and above hold university degrees, compared to Australia's 30.4%. Bachelor degrees are the most common at 17.8%, followed by postgraduate qualifications (3.2%) and graduate diplomas (1.7%). Vocational credentials are held by 37.2% of residents aged 15 and above, with advanced diplomas at 10.2% and certificates at 27.0%. Educational participation is high, with 30.5% currently enrolled in formal education.

This includes 9.9% in primary education, 7.6% in secondary education, 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 active transport stops, all of which are bus stops. These stops are served by 5 different routes that together facilitate 798 weekly passenger trips. The accessibility of public transport in Pimlico is rated as excellent, with residents typically located just 159 meters from the nearest stop.

On average, there are 114 trips per day across all routes, which amounts to approximately 61 weekly trips per individual stop.

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

Pimlico faces significant health challenges, as indicated by its health data. Both younger and older age cohorts exhibit a notable prevalence of common health conditions. Private health cover is relatively low, with approximately 49% of Pimlico's total population (~1,272 people) having it, compared to 53.9% across the rest of Queensland, and 55.7% nationally.

Mental health issues and arthritis are the most common medical conditions in Pimlico, affecting 12.0% and 9.1% of residents respectively. However, 63.6% of residents report being completely clear of medical ailments, compared to 67.8% across the rest of Queensland. The area has a higher proportion of seniors aged 65 and over, with 17.9% (460 people) compared to 14.9% in the rest of Queensland. Health outcomes among seniors present some challenges, generally aligning with the overall health profile of Pimlico's 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 dominant religion in Pimlico, comprising 52.2%. Judaism, however, was overrepresented compared to regional averages, making up 0.1% of Pimlico's population.

The top three ancestry groups were English (26.3%), Australian (24.7%), and Irish (9.6%). Notably, Filipino (2.2%) and Spanish (0.5%) ethnicities were overrepresented in Pimlico compared to regional averages, while Australian Aboriginal was underrepresented at 4.2%.

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

The median age in Pimlico is 39 years, which is lower than the Rest of Qld's average of 41 but close to the national average of 38. The age profile shows that those aged 25-34 are prominent at 17.8%, while those aged 65-74 are smaller at 8.5%. Between 2021 and present, the 25-34 age group has grown from 15.2% to 17.8%. Conversely, the 55-64 cohort has declined from 12.6% to 11.4%. By 2041, demographic projections indicate significant shifts in Pimlico's age structure. The 25-34 age group is projected to increase by 85 people (19%), from 457 to 543. Meanwhile, both the 65-74 and 45-54 age groups are expected to decrease in number.