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AREA REPORTS

Pelican

NSW/
Pelican

Suburb Profile

Pelican - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2281

house

PELICAN, 2281 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in NSW have risen as a whole, pulling PELICAN, 2281 values up and netting property investors a capital gain of 1.06% for the past year.

Investors saw the median home price rise to $641,750.

Profits due to an upward trend in home prices in the suburb averaged 12.55% per annum over a 3-year period.

PELICAN now ranks at the 520th place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in PELICAN are low, as opposed to average gains per annum over the past five years.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In PELICAN, homes and units usually stay on listing for an average of 75.0 days.

In 2016, 16 properties were sold in PELICAN during the past year, making it the 1088th most active market in NSW based on total real estate transactions.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $641,750 N/A
GROWTH REPORT
Median Quarterly -0.23% N/A
Median 12 month 1.06% N/A
Median 3 years 37.64% N/A
Median 5 years 61.45% N/A
10 years average annual 4.97% N/A
Weekly media advert. rent N/A N/A
Time on Market 75.0 days N/A
Gross Rental Yield Percent N/A N/A
demographics (median values)
Total Population
862
Weekly Household Income
810.3
Household Size
2.60
demographics
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