Suburb Profile Report for Pelican Waters QLD (4551)

Pelican Waters House: Median price $741,250, Annual capital growth 2.70%, Number of sales 141, Weekly median advertised rent $563

Pelican Waters Unit: Median price $448,000, Annual capital growth 1.00%, Number of sales 23, Weekly median advertised rent $410

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

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Pelican Waters is in the bottom 30% 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 -4.35%.

Over the longer term, Pelican Waters has seen property prices show investors a 9.81% return over the last 3 years. This is worse than over the last 12 months

Property buyers and investors in Pelican Waters 4551 should be seeing an average reduction in asking price of around -5.16% . This means that Pelican Waters is holding prices well when compared to other suburbs in QLD.

Residents and property investors in Pelican Waters have been waiting around 84.4921 days to sell a property.

At number 898th in the list of Australian suburbs ordered by increase in median house value over the last year, Pelican Waters, 4551 is in the BOTTOM 50% with a property value increase of -4.17% recorded in median house prices.

Pelican Waters,4551 has offered an average of -4.17% return per annum in house price rises to property investors over the last three years.

At number 62th of QLD’s most discounted properties, Pelican Waters is in the bottom 30% of the state/territory when listing in order of most discounted to least.

Advertised rents are around the $410 mark per week – giving a return of 4.76% based on the median price in Suburb

Metrics i HOUSE UNIT
$741,250 $448,000
-1.17% 2.63%
-4.35% -4.17%
2.70% 1.00%
$563 $410
141 23
3.95% 4.76%
84.4920634920635 115.0625

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

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