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Pelican Point
AREA REPORTS

Pelican Point

Pelican Point - SUBURB PROFILE REPORT
POSTAL CODE: WA, 6230

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Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $650,000.

The upward trend in home prices in PELICAN POINT, 6230 averaged 10.88% per annum over a 3-year period.

Average weekly rents on listings have reached the $452.5 mark, reflecting a 3.62% increase in returns based on the current median price in PELICAN POINT.

An average of 1.75 real estate transactions take place per month in PELICAN POINT which translates to 21 per annum.

21 properties were sold in PELICAN POINT in 2016, making it the 303rd most active market in WA based on total real estate transactions.

PELICAN POINT, 6230 places th in Australia based on median property value growth during the quarter.

Data report can be found below

Pelican Point
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $650,000 N/A
GROWTH REPORT
Median Quarterly 0% N/A
Median 12 month 0% N/A
Median 3 years 32.65% N/A
Median 5 years 0% N/A
10 years average annual 0.46% N/A
Weekly media advert. rent $452.5 N/A
Time on Market 129.5 days N/A
Gross Rental Yield Percent 3.62% N/A
demographics (median values)*
Total Population
43134
Weekly Household Income
1326
Household Size
2.40
Age
39
Monthly Loan Repayment
1733
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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