Suburb Profile Report for Pelican Waters QLD (4551)

Pelican Waters House: Median price $657,500, Annual capital growth 2.31%, Number of sales 229, Weekly median advertised rent $560

Pelican Waters Unit: Median price $420,000, Annual capital growth 0.12%, Number of sales 57, Weekly median advertised rent $400

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

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of -2.59% for the last 12 months, Pelican Waters, 4551 has performed for property investments than its average annual 2.31% property growth over the last 5 years.

Pelican Waters,4551 was ranked 3102 in Australia by increase in median property value over the quarter.

Pelican Waters, 4551 is offering QLD ‘s 692th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this QLD.

Renters in Suburb are facing rents around $6720 per annum or $560 every week.

Property investors who have had real estate in Pelican Waters, 4551 should be unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -17.57%

Comparing Pelican Waters,4551 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Vendor discounting in Pelican Waters is giving property investors an average Vendor Discount of around -7.41%. This puts suburb at number 72th in QLD when ranking the most discounted suburbs.

Often selling an investment property can take time, and in Pelican Waters the average time real estate has been on the market is 101.11 days.

Pelican Waters, 4551’s gross rental yield is 4.95%

Metrics i HOUSE UNIT
$657,500 $420,000
-0.68% -11.02%
-2.59% -17.57%
2.31% 0.12%
$560 $400
229 57
4.43% 4.95%
84.55 101.11

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 5046
Median household income ($/weekly) 1260
Median age of persons 46
Median housing loan repayment ($/monthly) 2167
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 713 14.1
    35-44 years 767 15.2
    45-54 years 674 13.4
    55-64 years 858 17.0
    65-74 years 808 16.0
    Others 1226 24.3
    Age Group
    Census Count Percent(%)
    Registered Married 2713 72.0
    Not Married 835 22.2
    Defacto Relationship 221 5.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 3608 73.0
    Papua New Guinea 292 5.9
    South Africa 76 1.5
    United Kingdom 582 11.8
    Other 127 2.6
    Others 256 5.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 25 0.5
    Christianity 3746 78.4
    Islam 17 0.4
    Judaism 15 0.3
    No Religion 962 20.1
    Others 13 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 153 9.3
    $600-$799 181 11.0
    $800-$999 192 11.7
    $1,500-$1,999 206 12.5
    $2,500-$2,999 161 9.8
    Others 750 45.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1777 44.7
    Employed, worked full-time 1179 29.7
    Employed, worked part-time 754 19.0
    Unemployed, looking for work 133 3.3
    Employed, away from work 128 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 317 15.4
    Professionals 422 20.5
    Technicians & trades workers 261 12.7
    Clerical & administrative workers 352 17.1
    Sales 268 13.0
    Others 440 21.4
    Occupation
    Census Count Percent(%)
    Pre-school 73 7.0
    Infants/Primary 498 47.9
    Secondary 305 29.3
    Technical or Further Educational Institution 38 3.7
    University or other Tertiary Institutions 103 9.9
    Others 23 2.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4484 92.7
    Flat, unit or apartment 242 5.0
    Semi-detached, row or terrace house, townhouse 108 2.2
    House or flat attached to a shop, office 3 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 869 47.9
    Being purchased 642 35.4
    Rented 299 16.5
    Other tenure type 5 0.3
    Tenure Type
Census 2011, ABS
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Recent sales & rentals