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%