Property investors who have had real estate in Pelican Waters, 4551 should be relatively 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 13.33%
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.
Pelican Waters4551 is located in QLD which offers an average discount of -6.63% to property investors. Pelican Waters itself is showing figures that indicate -4.74% is the average achievable by property buyers investing in the suburb.
Using the current median advertised rental of $585 and the average annual increase in value of a median property of 2.85%, investors should hope to achieve an overall return of 4.07%
Investment property in Pelican Waters has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 6.36%
Pelican Waters,4551 was ranked 1023 in Australia by increase in median property value over the quarter.
Vendor discounting in Pelican Waters is giving property investors an average Vendor Discount of around -4.26%. This puts suburb at number 249th in QLD when ranking the most discounted suburbs.
On average over the past year, suburb has had 3.42 sales per month, which equates to 41 per year.
The QLD suburb of Pelican Waters, 4551 is in the Sunshine Coast local government area.