PELICAN WATERS 4551
State: QLDPosiProp AI Investment Summary
PELICAN WATERS (QLD 4551) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.5% and has experienced a 12-month capital growth of Up 8.8%, with a median house buy price of $1,550,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
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$1,550,000
$1,470,000
$1,550,000
Suburb Market Profile
Last month Pelican Waters had 17 properties available for rent and 83 properties for sale. Median property prices over the last year range from $1,550,000 for houses to $1,245,000 for units. If you are looking for an investment property, consider houses in Pelican Waters rent out for $993 PW with an annual rental yield of 3.5% and units rent for $850 PW with a rental yield of 3.2%. Pelican Waters has seen an annual compound growth rate of 8.8% for houses and 19.1% for units.
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