Pelican Point is a small community in Western Australia within the Bunbury local government area (postcode 6230). It is home to about 929 residents, with a mature demographic and a median age of 53. Households earn a median income of $102K per year, with an average household size of 2.5 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.1% year-on-year at the LGA level. WA employment has moved +1.9% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. WA also had 24 Commonwealth-backed major projects under construction, 12 underway, and 12 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, technicians & trades, clerical & administrative. Employment in the area leans toward construction and healthcare. The top ancestries reported are English, Australian, Irish.
Median house prices in Pelican Point stand at $1.1 million, having surged by 33.3% over the last twelve months. The current median weekly rent is $810. This gives a gross rental yield of approximately 3.7%. The median monthly mortgage repayment is $2,167.
Public transport access includes 7 bus stops.
From an investment perspective, The gross rental yield works out to roughly 3.7%, which reads as moderate yield. Property prices are near the state median ($1.1M/$1.0M). The price-to-income ratio of 11.2x is considered stretched. House prices have moved +33.3% year-on-year. Population growth of +1.1% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.