Pimlico
Suburb profile, market snapshot and recent listings for Pimlico, QLD 4812.
About Pimlico
Welcome to Pimlico
Pimlico is a well-established residential suburb sitting in the inner north of Townsville, roughly 3 kilometres from the city centre. Bordered by Hyde Park to the south, Currajong to the north, and Mundingburra, Mysterton and Gulliver nearby, it occupies a comfortable middle ground between the buzz of central Townsville and the quieter, tree-lined streets that families and owner-occupiers tend to seek out.
The suburb draws a broad mix of residents — young professionals, families with school-age children, and long-term locals who value the area's solid amenity, relative affordability and straightforward access to the CBD. With a dwelling mix that leans heavily toward houses and a growing number of townhouses entering the market, Pimlico offers genuine variety for buyers and renters alike.
Lifestyle & dining
Pimlico's day-to-day lifestyle is unhurried without feeling remote. The suburb's streets carry a lived-in, community-minded atmosphere, and the proximity to neighbouring Hyde Park means residents enjoy easy access to one of Townsville's more popular café and dining strips. Closer to home, The Laughing Buddha provides a local dining option that has built a loyal following among residents from Pimlico and surrounding suburbs.
Salt 66 is another drawcard in the area, catering to those who prefer to stay local rather than head into the CBD. For personal services, Coulture Hair Studio is among the businesses that have set up in the precinct, reflecting the suburb's capacity to sustain a reliable level of everyday commerce.
Shopping
Day-to-day shopping needs are well catered for, with a Big W accessible to Pimlico residents without requiring a trip into the city centre. The adjacency of Currajong and Hyde Park further expands the retail offer within a short drive or cycle, meaning most errands can be handled without much planning.
For larger or more specialised retail, Townsville's CBD and the major retail corridors along the broader northern suburbs are easily reached, keeping Pimlico well within the gravitational pull of the city's full commercial offering.
Parks & recreation
Green space is one of Pimlico's quiet strengths. Gill Park, Kevin Schreiber Rotary Park, Mindham Park and Mindham Park North provide a spread of outdoor areas suited to morning walks, weekend sport, and informal recreation. These parks collectively give the suburb a greener feel than its density might suggest, and they are well used by families and dog owners throughout the cooler months of the Townsville year.
The broader Townsville region's outdoor lifestyle — from the Strand to Castle Hill — is accessible within a short drive, meaning Pimlico residents are never far from more expansive recreation options.
Getting around
Pimlico is served by several bus stops along key corridors, including stops at Palmerston Street at Park Street, Gladstone Street, Derby Street, and Bayswater Road at Latchford Street, making public transport a practical option for commutes into the CBD or across to the broader inner-north suburbs. The route network connects Pimlico residents to neighbouring Gulliver, Mysterton and Mundingburra without the need for a car.
For those who do drive, the suburb's street layout makes the CBD a straightforward 5–10 minute trip, and the connection to major arterials means getting across Townsville is rarely a frustrating exercise. Cycling is increasingly viable as the city's active transport infrastructure continues to develop.
Schools & families
Pimlico is well regarded among families in part because of its proximity to a strong selection of schools. Pimlico State High School is one of Townsville's more prominent state secondary schools and sits close to the suburb, making it a natural consideration for families with teenagers. Primary schooling options are available in surrounding suburbs including Hyde Park and Currajong, keeping most school runs manageable.
The overall character of the suburb — with its larger house lots, accessible parks, and relatively quiet residential streets — suits families looking for a practical base that doesn't sacrifice liveability.
The property market
Pimlico's property market has gathered meaningful momentum in recent years. The current median house price sits at $592,000, supported by annual growth of 16.1% — a figure that reflects genuine demand from both owner-occupiers and investors looking to the Townsville market as southern capitals become less accessible. Median rent of $565 per week points to a healthy rental yield environment, which has not gone unnoticed by interstate buyers weighing up their options.
The dwelling mix across current listings runs at 73% houses and 27% townhouses, indicating that while the suburb remains predominantly a house market, medium-density product is gradually finding its place. Neighbouring suburbs like Hyde Park and Mundingburra provide a useful comparison point for buyers doing their research, but Pimlico's combination of price point, growth trajectory and inner-north location continues to make it a compelling proposition in its own right.
Market snapshot
Pimlico property market
Median sale price
$626k
House · 3 bed
Median rent
$560
per week
Gross rental yield
4.7%
annual rent ÷ sale price
Typical price range
Entry
$432k
Median
$626k
Premium
$754k
Days on market
14
Auction clearance
0%
Sold this year
22
Median sold price trend · House 3 bed
Compound growth +13.3% / yr over 4 yrs
Median price by bedrooms · House
Property types on market
Share of current listings in Pimlico by dwelling type.
Who lives here
Demographics
ABS Census 2021 figures for Pimlico, QLD 4812.
Population
2,557
residents (2021)
Median age
39
years
Household income
$1,128
median, per week
Median rent
$240
per week
Median mortgage
$1,354
per month
Mortgage / income
28%
comfortable
Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.
Recent results
Recently sold in Pimlico
$755k
49A Latchford Street
Sold ~July 2026
$1.21m
10 French Street
Sold ~July 2026
$710k
1 Diprose Street
Sold ~July 2026
$1.10m
8 French Street
Sold ~July 2026
$789k
10 Albury Street
Sold ~June 2026
Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.
Explore the area
Properties & amenities in Pimlico
Compare the area
Price map around Pimlico
Every listing for sale near Pimlico, coloured by price — so you can see how it stacks up against the streets and suburbs next door.
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Nearby suburbs
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Common questions
Pimlico suburb FAQ
What is the median property price in Pimlico?
The median unit price in Pimlico, QLD is $365k for a 2-bedroom home. Over the past year, median sold prices have risen about 32.5%.
How much is rent in Pimlico?
The median weekly rent in Pimlico is around $380 per week.
Is Pimlico a good place to live?
Pimlico is a suburb of Townsville in the City of Townsville, Queensland, Australia. Pimlico is an established residential suburb in QLD, with a population of around 2,557.
What is the population of Pimlico?
Pimlico has a population of 2,557 (ABS 2021 Census), with a median age of 39.
How long do homes take to sell in Pimlico?
Properties in Pimlico take around 9 days to sell on average, with an auction clearance rate of about 0%.
How much do you need to buy in Pimlico?
Entry-level properties in Pimlico start around $277k, while premium homes reach $570k.
What suburbs are near Pimlico?
Suburbs near Pimlico include Hyde Park, Currajong, Gulliver, Mysterton and Mundingburra.
Fresh to market
New this week in Pimlico
Prime Pimlico Opportunity on 809sqm
Spacious Townhouse Living, Steps from Mater Private Hospital
Available now