PELICAN WATERS ranks 523rd in QLD when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of 13.03% for the past year is higher than average compared to its 24.33% growth within a five-year period.
Also in PELICAN WATERS, the median home price is sitting at $746,000, and the average rent at $590, this suggests property owners could potentially earn a 4.11% increase in gross rental yield.
Property investors have seen a 2.9% gain in PELICAN WATERS based on an increase in median home prices for the past three months.
They believe that homeowners and real estate investors betting on PELICAN WATERS, 4551 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 13.03%.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 2.77% growth over a ten-year period. It ranks 2569th on our list of suburbs that property investors should look into.
A steady increase in median property prices over a five-year period in PELICAN WATERS, 4551 translates to a 5.27% capital gain.
PELICAN WATERS, 4551 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $489,500.
Augmented property values in PELICAN WATERS are trailing above the QLD average of 0.61% for the past year.
Real estate investors could earn a rental income of $357.5 based on current median home prices for the suburb.
Home owners selling their properties and realtors in PELICAN WATERS usually have to wait an average of 106.6 days days before their assets are lifted off the market.
PELICAN WATERS ranks 352nd on the list of best yielding suburbs for rental properties in QLD, posting a 3.8% return.
PELICAN WATERS, 4551 places 273rd in Australia based on median property value growth during the quarter.