All About Pelican Waters, Sunshine Coast, QLD, 4551

Pelican Waters, located on the Sunshine Coast in Queensland, is a picturesque residential area known for its appealing lifestyle and vibrant housing market. Over the years, the suburb has garnered attention for its blend of luxury waterfront properties and well-planned residential communities. As of recent years, the housing market in Pelican Waters has shown considerable growth, driven by both local and interstate buyers interested in the suburb's unique offerings. The area is known for its upscale homes, many of which boast stunning views of the water channels that connect to the larger Pumicestone Passage and the Coral Sea. This high demand is particularly noted for its canal front homes, which offer private moorings and easy maritime access. Despite being one of the more premium markets within the Sunshine Coast region, Pelican Waters still provides a range of housing options, from townhouses to larger family homes, catering to diverse demographics from retirees to young families.

Living in Pelican Waters is often described as a serene and idyllic experience. The suburb is meticulously planned, with an emphasis on community amenities, parks, and waterway connectivity, promoting an active and outdoor lifestyle. Residents enjoy access to a number of facilities, including the Pelican Waters Golf Club, local shopping centers, and cafes, contributing to a well-rounded and convenient lifestyle. Additionally, its close proximity to Caloundra's beaches and the broader Sunshine Coast attractions makes it a favored location for those who wish to enjoy the coastal lifestyle without forgoing the comfort and tranquility of a suburban setting. The community here is known for its friendly and tight-knit nature, often organizing local events that enhance the sense of belonging. With its peaceful surroundings, excellent amenities, and strong sense of community, Pelican Waters stands out as a desirable place to call home on the Sunshine Coast.

Pelican Waters Real Estate Market Outlook

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

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.

Instant Property Valuation

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General Points of Interest

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