Pimlico vs Wardell.
Comparing two suburbs with median house prices of $867,500 and $785,000. Wardell edges out on more headline metrics in this comparison.
Wardell (median $785,000) is roughly 11% cheaper to buy into than Pimlico ($867,500). Over the past year, Wardell (+16.3%) ran 34.5 percentage points ahead of Pimlico (-18.2%) on house-price growth.
Wardell scores higher on walkability (0/100 vs 2/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Wardell (977) sits above Pimlico (971). Pimlico skews owner-occupied (78%), Wardell runs more rental-dense (61% owner).
For buyers
Wardell is the lower entry point at $785,000 median, 11% 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 4.97%), but Wardell 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
Wardell edges out on average school ICSEA (977 vs 971). Pimlico also has a higher family-household share (80% vs 67%), so the catchment community skews family-heavy.
Common questions
Is Pimlico or Wardell cheaper to buy in?
Wardell has the lower median house price at $785,000, roughly 11% below Pimlico ($867,500). The gap on units is usually similar but worth checking on the full suburb profiles.
Which has stronger property growth, Pimlico or Wardell?
Over the past 12 months, Wardell grew +16.3% vs -18.2% in Pimlico, a gap of 34.5 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 Wardell have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Wardell scores 977 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 is more walkable, Pimlico or Wardell?
Wardell scores 2/100 on walkability vs 0/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.
Which suburb has higher rental yield, Pimlico or Wardell?
Gross rental yield on houses is 5.39% in Pimlico vs 4.97% in Wardell. 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.
The numbers behind the take
Price & Market
Rental
Lifestyle & Demographics
Risk & Hazard
Schools
Climate
Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).
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