Suburb Profile Report for Pelican NSW (2281)

Pelican House: Median price $560,000, Annual capital growth 4.96%, Number of sales 11, Weekly median advertised rent $383

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

Property investors who have had real estate in Pelican, 2281 should be relatively pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 7.69%

Across a shorter period, Pelican, 2281 has seen a median price increase of 1.82% over the last quarter.

LACK OF BUYER INTEREST may well be the reason that Pelican is offering property investors an average of -5.45. This rate of discount on properties puts Suburb at number 1075th in terms of most discounted suburbs in NSW

Residents and property investors in Pelican have been waiting around 58.4 days to sell a property.

With the median price for a house in Pelican being $560000 and the advertised rent reaching $382.5 the gross rental yield for property investors calculates out to be 3.55%

Metrics i HOUSE UNIT
$560,000 N/A
1.82% N/A
7.69% N/A
4.96% N/A
$383 N/A
11 N/A
3.55% N/A
58.4 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 840
Median household income ($/weekly) 1016
Median age of persons 45
Median housing loan repayment ($/monthly) 2000
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 105 12.5
    25-34 years 87 10.4
    35-44 years 104 12.4
    45-54 years 118 14.0
    55-64 years 128 15.2
    Others 298 35.5
    Age Group
    Census Count Percent(%)
    Registered Married 349 52.5
    Not Married 248 37.3
    Defacto Relationship 68 10.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 788 95.9
    Greece 3 0.4
    Italy 3 0.4
    United Kingdom 9 1.1
    Other 10 1.2
    Others 9 1.1
    Country of Birth
    Census Count Percent(%)
    Christianity 644 80.3
    No Religion 149 18.6
    Buddhism 6 0.7
    Other Religious Groups 3 0.4
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 49 16.1
    $600-$799 33 10.8
    $800-$999 27 8.9
    $1,500-$1,999 39 12.8
    $2,000-$2,499 37 12.1
    Others 120 39.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 309 45.3
    Employed, worked full-time 218 32.0
    Employed, worked part-time 117 17.2
    Unemployed, looking for work 24 3.5
    Employed, away from work 14 2.1
    Person Characteristics
  • Census Count Percent(%)
    Professionals 51 14.6
    Technicians & trades workers 64 18.3
    Community & personal service workers 42 12.0
    Clerical & administrative workers 57 16.3
    Labourers 43 12.3
    Others 93 26.6
    Occupation
    Census Count Percent(%)
    Pre-school 13 7.6
    Infants/Primary 61 35.7
    Secondary 50 29.2
    Technical or Further Educational Institution 23 13.5
    University or other Tertiary Institutions 15 8.8
    Others 9 5.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 785 96.6
    Semi-detached, row or terrace house, townhouse 28 3.4
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 162 48.6
    Being purchased 98 29.4
    Rented 70 21.0
    Other tenure type 3 0.9
    Tenure Type
Census 2011, ABS
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Recent sales & rentals