Suburb Profile Report for Pelican Waters QLD (4551)

Pelican Waters House: Median price $666,250, Annual capital growth 2.17%, Number of sales 232, Weekly median advertised rent $583

Pelican Waters Unit: Median price $473,500, Annual capital growth 0.86%, Number of sales 56, Weekly median advertised rent $398

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

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Pelican Waters, 4551 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was 0.95%.

When looking at the potential capital gains offered to property investors over the last 3 years, Pelican Waters comes in at number 480th in QLD.

Our latest figures would indicate that property sellers in Pelican Waters are currently offering property investors an average price cut of -4.41% below the asking price at the moment.

A $582.5 per week rent on the median house gives suburb investors a gross yield of circa 4.55%, without taking into account capital value appreciation, which has been averaging out at 2.17%.

Property value increases in Pelican Waters have tracked just lower than the QLD average of 0.74% over the last 12 months.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Pelican Waters has increased when compared to the 5 year average annual rate.

Sellers are offering property buyers an average discount of -6.77% to buyers in Pelican Waters at the moment, which is less than average for the rest of QLD.

Using the current median advertised rental of $397.5 and the average annual increase in value of a median property of 0.86%, investors should hope to achieve an overall return of 4.37%

Metrics i HOUSE UNIT
$666,250 $473,500
0.95% 2.05%
0.95% -2.62%
2.17% 0.86%
$583 $398
232 56
4.55% 4.37%
81.37 95.31

Source: CoreLogic

DSR Score for property investment : Good (H), Good (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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