Thinking about buying in Pelican Waters? Now could not be a better time, with 3963 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,292,000 with prices in this suburb ranging from $154,000 to $5,350,000. Pelican Waters is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices

Pelican Waters Real Estate Market Outlook

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. Low average incomes in Pelican Waters is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. A mix of professions and above average income earners in Pelican Waters provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Pelican Waters to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Houses for sale Pelican Waters

	10 RESOLUTION ST, PELICAN WATERS, QLD, 4551	4	2	2	$0
	3 SEA GLINT PL, PELICAN WATERS, QLD, 4551	4	3	2	Offers Over $2,600,000
	UNIT 22, 14 CORAL SEA DR, PELICAN WATERS, QLD, 4551	3	2	2	1000000
	32 COMET ST, PELICAN WATERS, QLD, 4551	4	2	2	1170000
	7 HARTLEY CR, PELICAN WATERS, QLD, 4551	4	2	2	1300000
	UNIT 904, PELICAN WATERS RESORT, 38 MAHOGANY DR, PELICAN WATERS, QLD, 4551	2	2	1	800000

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General Points of Interest

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