Suburb Profile Report for Pelican Waters QLD (4551)

Pelican Waters House: Median price $660,000, Annual capital growth 2.31%, Number of sales 228, Weekly median advertised rent $570

Pelican Waters Unit: Median price $468,000, Annual capital growth 0.86%, Number of sales 65, Weekly median advertised rent $400

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

Source: CoreLogic

  • House Report
  • Unit Report

Pelican Waters, 4551 ranked 627th in QLD when comparing growth in median property values or capital gain over the last 12 months. Pelican Waters is one of 2415 in our list for QLD

Taking the average capital gain, or increase in median house value, Pelican Waters,4551 has racked up an average of -1.49% over the period. This ranks it number 2701th in the whole country for real estate investors looking at median house price increases.

Property investors looking for a bargain in Pelican Waters should be aiming for at least -4.52% off the asking price, which is the average vendor discount being achieved at the moment.

A $570 per week rent on the median house gives suburb investors a gross yield of circa 4.49%, without taking into account capital value appreciation, which has been averaging out at 2.31%.

Pelican Waters is in the bottom 20% in QLD when comparing median price capital growth over the last year. Pelican Waters gave property investors a dismal capital gain figure when compared to the rest of the state, with -6.87%.

While Pelican Waters,4551 ranked number 255th in QLD for increase in median house value (annualised) increase, it is ranked 49th over the last 5 years.

The most recent median price for Pelican Waters is $468000, with sellers offering an average of -7.33% off the asking price.

In the last year 65 properties changed hands in Pelican Waters, which puts it as the 142th most active market in QLD when comparing the number of sales per suburb.

Property investors should expect to get $400 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$660,000 $468,000
-0.75% -1.68%
-1.49% -6.87%
2.31% 0.86%
$570 $400
228 65
4.49% 4.44%
84.89 98.24

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
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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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