Property investors who have had real estate in Pelican Point, 6230 should be unhappy with this WA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -17.82%
Taking the average capital gain, or increase in median house value, Pelican Point,6230 has racked up an average of -17.82% over the period. This ranks it number 3163th in the whole country for real estate investors looking at median house price increases.
State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.17% offered to property buyers. Sellers in Pelican Point itself are offering an average vendor discount of -4.49% to real estate investors.