12 Palmerston Street, Pimlico, QLD 4812 | House for sale | OnTheHouse
 
FOR SALE
$549,000

12 Palmerston Street
Pimlico QLD 4812

Bedrooms: 2
Bathrooms: 1
Car spaces: 3
Land area: 809m2
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Prime Pimlico Opportunity on 809sqm

Positioned on a generous 809sqm allotment in the heart of Pimlico, 12 Palmerston Street presents an exciting opportunity for renovators, investors and buyers looking to secure a sizeable parcel of land in a well established and highly convenient location. With a comfortable home already in place and plenty of scope to further improve or redevelop, subject to council approval, the possibilities here are considerable.
Inside the home offers a modernised kitchen and living area designed for comfortable everyday living. Split system air conditioning throughout provides year round comfort, while the practical layout includes two well proportioned bedrooms, a central bathroom and an external laundry space.
Outside the expansive backyard offers endless potential to create your ideal outdoor space, extend the existing home, add a shed or pool, or explore future development opportunities subject to council approval. Vehicle accommodation is provided by a single carport with the added benefit of a one bay shed for storage or workshop space.
Set in a sought after city fringe suburb just minutes from schools, shopping centres, the Townsville CBD and the Strand, this is a rare chance to secure a property with immediate liveability and outstanding future potential.
Property Features:
• Two well sized bedrooms
• Modern kitchen and living area
• Split system air conditioning throughout
• Central bathroom
• External laundry space
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Property Details for 12 Palmerston St, Pimlico

12 Palmerston St, Pimlico is a 2 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 809m2. The place is currently for sale with Page & Pearce Real Estate.

Building Type
House
Land Size
809m2
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About Pimlico 4812

The size of Pimlico is approximately 1.2 square kilometres. There are 5 parks, covering nearly 6.2% of the total area. The population of Pimlico in 2016 was 2460 people. By 2021 the population was 2557 showing a population growth of 3.9% in the area during that time. The predominant age group in Pimlico is 30-39 years. Households in Pimlico are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Pimlico work in a professional occupation.In 2021, 39.90% of the homes in Pimlico were owner-occupied compared with 39.70% in 2016.

Pimlico has 1,623 properties. Over the last 5 years, Houses in Pimlico have seen a 98.32% increase in median value, while Units have seen a 108.70% increase. As at 31 July 2026:

  • The median value for Houses in Pimlico is $669,651 while the median value for Units is $442,607.
  • Houses have a median rent of $555 while Units have a median rent of $420.
There are currently 10 properties listed for sale, and 8 properties listed for rent in Pimlico on OnTheHouse. According to Cotality's data, 82 properties were sold in the past 12 months in Pimlico.

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Jack Howard
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