Suburb Profile Report for Pelican Waters QLD (4551)

Pelican Waters House: Median price $765,000, Annual capital growth 2.91%, Number of sales 183, Weekly median advertised rent $560

Pelican Waters Unit: Median price $490,000, Annual capital growth 0.99%, Number of sales 37, Weekly median advertised rent $400

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

Property investors who have had real estate in Pelican Waters, 4551 should be pleased with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 14.82%

A 28.57% growth in median value for property investors in Pelican Waters,4551 puts this suburb at number 375th in terms of best performing suburbs in QLD

Our latest figures would indicate that property sellers in Pelican Waters are currently offering property investors an average price cut of -4.73% below the asking price at the moment.

At number 2095 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 77.23 for properties listed there.

Advertised rents are around the $560 mark per week – giving a return of 3.81% based on the median price in Suburb

Pelican Waters has had a quite poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of -4.48% 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

LACK OF BUYER INTEREST may well be the reason that Pelican Waters is offering property investors an average of -5.94. This rate of discount on properties puts Suburb at number 48th in terms of most discounted suburbs in QLD

At number 1081 in a list of fastest selling suburbs, Pelican Waters is in the bottom 30% of suburbs in Australia with an average of days on market 90.12 for properties listed there.

Advertised rents are around the $400 mark per week – giving a return of 4.24% based on the median price in Suburb

Metrics i HOUSE UNIT
$765,000 $490,000
0.59% -1.80%
14.82% -4.48%
2.91% 0.99%
$560 $400
183 37
3.81% 4.24%
77.23 90.12

Source: CoreLogic

DSR Score for property investment : Good (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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