Kirwan vs Pimlico
Property investment comparison - Kirwan, QLD 4817 vs Pimlico, QLD 4812
Head-to-head across core investment metrics: Kirwan wins 0, Pimlico wins 4. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.
| Metric | Kirwan | Pimlico |
|---|---|---|
| Median house price | $660K | $660K |
| Median unit price | - | $400K |
| Gross rental yield (houses) | - | 4.52% |
| Gross rental yield (units) | 4.94% | 5.50% |
| 1-year house growth | +14.6% | +16.0% |
| 3-year house growth | +68.8% | +80.2% |
| Vacancy rate | 1.4% | 1.1% |
| Population | 20,780 | 2,557 |
Kirwan vs Pimlico: what the numbers say
Houses cost about the same in both suburbs: the median house price is $660K in Kirwan and $660K in Pimlico.
Over the past year house prices moved +14.6% in Kirwan and +16.0% in Pimlico, so recent momentum favours Pimlico, although both suburbs recorded growth.
Looking back three years, Kirwan houses are +68.8% and Pimlico houses +80.2%, so Pimlico has compounded faster than Kirwan over the longer window.
Rental vacancy is 1.1% in Pimlico and 1.4% in Kirwan, so landlords in Pimlico face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Kirwan is the bigger suburb, with a population of 20,780 against 2,557, roughly 8 times the size of Pimlico; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Pimlico for recent price momentum, Pimlico for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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