Pimlico Real Estate, QLD, 4812 Townsville

Thinking about buying in Pimlico? Now could not be a better time, with a whopping 2058 properties either residential or commercial there's certainly plenty to choose from.

The average property price for this area is $688,000 with prices in this suburb ranging from $118,000 to $2,808,000.

Distance to the coast is 3 Km.

Pimlico Real Estate Market Outlook

In Pimlico there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Pimlico is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Pimlico changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Medium density in Pimlico necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.


For Sale

Century21 UNIT 8, 4-6 CHEYNE ST, PIMLICO, QLD, 4812 2 1 1 $224,000.00
First National UNIT 3, 32 ALBURY ST, PIMLICO, QLD, 4812 2 1 1 $160,000
Harcourts 108 BAYSWATER RD, PIMLICO, QLD, 4812 3 1 Auction
Harcourts 30 CAVENDISH ST, PIMLICO, QLD, 4812 3 1 2 $399,000
Harcourts UNIT 5, 34 CHEYNE ST, PIMLICO, QLD, 4812 2 1 1 $255,000
LJ Hooker 38 PALMERSTON ST, PIMLICO, QLD, 4812 3 1 4 $399,000
RayWhite UNIT 4, 20 CHEYNE ST, PIMLICO, QLD, 4812 2 1 1 Under Offer


Local Schools

None within suburb boundary

(While the above schools are located with the suburb of Pimlico there may also be nearby schools whose catchments cover this suburb)

Local Crime Stats

Average Local Climate by month

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source: Australian Government Bureau of Meteorology

Recently Sold

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