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 3.3% and has experienced a 12-month capital growth of Up 8.7%, with a median house buy price of $1,500,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
–
$1,525,000
$1,430,000
$1,500,000
Suburb Market Profile
Last month Pelican Waters had 28 properties available for rent and 65 properties for sale. Median property prices over the last year range from $1,500,000 for houses to $1,126,000 for units. If you are looking for an investment property, consider houses in Pelican Waters rent out for $950 PW with an annual rental yield of 3.3% and units rent for $850 PW with a rental yield of 3.3%. Pelican Waters has seen an annual compound growth rate of 8.7% for houses and 12.8% for units.