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