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Pelican Waters, QLD 4551

Home » QLD Real Estate Data » Sunshine Coast Regional, QLD » Pelican Waters, QLD 4551

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Pelican Waters, QLD 4551 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

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5BR

Rent 

2BR

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4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

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Yield 

1BR

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3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Pelican Waters, QLD 4551”

  1. The total adult population (15 years or older) of Pelican Waters 4551 QLD is 6,364, with a median age of 55. Of those, 65.81% are married, 9.73% are divorced or separated, 19.03% are single and 5.44% are widowed.

    The average household size is 2.5 people per dwelling, and the median household monthly income is estimated to be $6,868. The median monthly mortgage repayment for households in this suburb is $2,200 which is 32.03% of their earnings.

    Source: ABS Census Data (2021)

  2. Pelican Waters 4551, an enticing suburban area in QLD, harbours approximately 3,733 households. As we enter the third quarter of 2023, the real estate scene marks typical house prices at a substantial $1,490,342. Median weekly rent circles around $794, calculating an indicative yield of 2.77%, slightly below the threshold for cashflow-centered property investors.

    The locale’s IRSAD score places it at a high socio-economic standing of 1034 out of a possible 1217. This suggests that residents typically have good access to economic resources and are from professions that require a high level of skill.

    The landscape of property ownership here shows that apartments, flats, and other units make up only about 12% of the dwellings, with houses making up the rest. The renter to owner ratio rounds off at a healthy 13% – significantly lower than the 30% tipping point where markets may become saturated with rental properties.

    However, the hefty property prices translate into the suburb’s high affordability index for houses: A daunting 85 years, raising questions about the real estate affordability in the area.

    The area seems to preserve a stable market supply, with a stock on market Percentage for houses of 0.77%, positioning it within the safe range under the 1.3% limit where supply might start to tip the market balance. This indication is further confirmed by the also desirable inventory level for houses, floating at 1.71 months.

    Property developers seem active in the suburb, as indicated by a high building approvals Ratio of 7.67% for houses, which could potentially lead to increased supply and affect prices down the track.

    Houses seem to be popular in the area and are snapped up relatively quickly, with the average listed property spending only 22 days on the market. Vacancy rates remain within manageable levels at 3.39%, indicating a healthy demand in the local rental market. The suburb’s buy search index for houses holds steady at around 5, indicating that interest is on par with the state average.

    Despite some metrics hinting at less than optimal conditions for investors and prospective homeowners, the overall attractiveness of the Pelican Waters market, as suggested by the moderate demand metrics, cannot be entirely overlooked. Remember, the real estate game is about treading the balance, and a comprehensive understanding of the big picture – a task made effortless with metrics like RCS (Relative Composite Score) – could help you strike gold.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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