Suburb Profile Report for Pelican Waters QLD (4551)

Pelican Waters House: Median price $662,000, Annual capital growth 2.32%, Number of sales 221, Weekly median advertised rent $570

Pelican Waters Unit: Median price $475,500, Annual capital growth 1.11%, Number of sales 70, Weekly median advertised rent $395

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

Source: CoreLogic

  • House Report
  • Unit Report

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.

Metrics i HOUSE UNIT
$662,000 $475,500
-0.45% 0.74%
-1.19% 0.42%
2.32% 1.11%
$570 $395
221 70
4.48% 4.32%
87.15 85.2

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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