Pelican Waters has had a quite poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of -2.00% to date .
Comparing Pelican Waters,4551 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
The most recent median price for Pelican Waters is $660000, with sellers offering an average of -4.29% off the asking price.
On average over the past year, suburb has had 17.75 sales per month, which equates to 213 per year.
With the median price for a house in Pelican Waters being $660000 and the advertised rent reaching $587.5 the gross rental yield for property investors calculates out to be 4.63%
Pelican Waters, 4551 ranked 221th 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
Across a shorter period, Pelican Waters, 4551 has seen a median price increase of 6.40% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Pelican Waters is offering property investors an average of -5.98. This rate of discount on properties puts Suburb at number 79th in terms of most discounted suburbs in QLD