Pimlico vs Uralba
Pimlico (median $867,500) is roughly 49% cheaper to buy into than Uralba ($1,700,000). Over the past year, Uralba (+17.2%) ran 35.4 percentage points ahead of Pimlico (-18.2%) on house-price growth.
Buying in Pimlico or Uralba?
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Pimlico and Uralba side by side
| Measure | Pimlico | Uralba |
|---|---|---|
| Price and market | ||
| Median house | $867,500 | $1,700,000 |
| Median unit | $316,800 | $274,320 |
| House price change, 12 months | -18.2% | +17.2% |
| Renting | ||
| House rent | $900/wk | $750/wk |
| Unit rent | $630/wk | $600/wk |
| Owner occupied | 78.0% | 86.0% |
| Renter occupied | 18.0% | 10.0% |
| Schools | ||
| Schools nearby | 14 | 16 |
| Average ICSEA | 971 | 980 |
| Lifestyle and people | ||
| Walk score | 0 | 0 |
| Transit score | 0 | 0 |
| Bike score | 0 | 30 |
| Population | 358 | 266 |
| Median age | 41 | 55 |
| Climate | ||
| Annual rainfall | 1755 mm | 1712 mm |
| Mean max, January | 28.7°C | 28.1°C |
Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.
Which suits whom
On school quality, the average ICSEA across schools serving Uralba (980) sits above Pimlico (971).
- For buyers
- Pimlico is the lower entry point at $867,500 median, 49% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
- For investors
- Investors face a yield-versus-growth split: Pimlico delivers the better gross yield (5.39% vs 2.29%), but Uralba has run faster on capital growth this year. The right pick depends on whether you're optimising for cash flow or capital appreciation.
- For families
- Uralba edges out on average school ICSEA (980 vs 971).
Pimlico vs Uralba: common questions
Is Pimlico or Uralba cheaper to buy in?
Pimlico has the lower median house price at $867,500, roughly 49% below Uralba ($1,700,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Which has stronger property growth, Pimlico or Uralba?
Over the past 12 months, Uralba grew +17.2% vs -18.2% in Pimlico, a gap of 35.4 percentage points. Twelve-month growth can swing year to year, so weight long-run trends from the individual suburb profiles before making a buy decision.
Does Pimlico or Uralba have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Uralba scores 980 vs 971 in Pimlico. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.
Which suburb has higher rental yield, Pimlico or Uralba?
Gross rental yield on houses is 5.39% in Pimlico vs 2.29% in Uralba. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.
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