Uralba vs Pimlico

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 Uralba or Pimlico?

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Uralba and Pimlico side by side

MeasureUralbaPimlico
Price and market
Median house$1,700,000$867,500
Median unit$274,320$316,800
House price change, 12 months+17.2%-18.2%
Renting
House rent$750/wk$900/wk
Unit rent$600/wk$630/wk
Owner occupied86.0%78.0%
Renter occupied10.0%18.0%
Schools
Schools nearby1614
Average ICSEA980971
Lifestyle and people
Walk score00
Transit score00
Bike score300
Population266358
Median age5541
Climate
Annual rainfall1712 mm1755 mm
Mean max, January28.1°C28.7°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).

Uralba vs Pimlico: common questions

Is Uralba or Pimlico 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, Uralba or Pimlico?

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 Uralba or Pimlico 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, Uralba or Pimlico?

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.