Pelican Waters is in the bottom 40% in QLD when comparing median price capital growth over the last year. Pelican Waters gave property investors a disappointing capital gain figure when compared to the rest of the state, with -1.19%.
Across a shorter period, Pelican Waters, 4551 has seen a median price increase of -0.45% over the last quarter.
Vendor discounting in Pelican Waters is giving property investors an average Vendor Discount of around -4.69%. This puts suburb at number 687th in QLD when ranking the most discounted suburbs.
At number 2130 in a list of fastest selling suburbs, Pelican Waters is just in the bottom half of suburbs in Australia with an average of days on market 87.15 for properties listed there.
QLD has seen average median house prices change by 0.65% which means that Pelican Waters, 4551 has done well for property investors by showing a capital gain of 0.42% over the last year
If we look at median property appreciation over just the last three months, Pelican Waters has given property investors a paper return of 0.74%. This puts Suburb as 122 on a list of fastest fasting appreciating suburbs in QLD
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Pelican Waters, 4551. Typically our figures indicate that -7.17% is being offered, which puts this QLD suburb at 269th most discounted overall in Australia.
Property investors should expect to get $395 weekly from the median priced house in this suburb.