PELICAN WATERS ranks 944th in QLD when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of 6.3% for the past year is lower than average compared to its 73.94% growth within a five-year period.
Also in PELICAN WATERS, the median home price is sitting at $1,435,000, and the average rent at $925, this suggests property owners could potentially earn a 3.35% increase in gross rental yield.
Property investors have seen a 0.53% gain in PELICAN WATERS based on an increase in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 8.55% growth over a ten-year period. It ranks 819th 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 44.19% 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 $1,018,000.
Augmented property values in PELICAN WATERS are trailing behind the QLD average of 15.72% for the past year.
Real estate investors could earn a rental income of $700 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 55.3 days days before their assets are lifted off the market.
PELICAN WATERS ranks 329th on the list of best yielding suburbs for rental properties in QLD, posting a 3.58% return.
PELICAN WATERS, 4551 places 322nd in Australia based on median property value growth during the quarter.