Marks Point vs Pelican.
Comparing two suburbs with median house prices of $922,500 and $1,000,000. Marks Point edges out on more headline metrics in this comparison.
Marks Point (median $922,500) is roughly 8% cheaper to buy into than Pelican ($1,000,000). Over the past year, Marks Point (+5.4%) ran 0.1 percentage points ahead of Pelican (+5.3%) on house-price growth.
Pelican skews owner-occupied (78%), Marks Point runs more rental-dense (58% owner).
For buyers
Marks Point is the lower entry point at $922,500 median, 8% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Marks Point carries both higher gross yield (3.95% vs 3.90%) and stronger 12-month growth. On the headline numbers, it's the cleaner investor case of the two.
For families
Pelican has a heavier family-household mix (75% vs 59%), which typically signals stronger demand for family-amenable infrastructure (parks, schools, supermarkets).
Common questions
Is Marks Point or Pelican cheaper to buy in?
Marks Point has the lower median house price at $922,500, roughly 8% below Pelican ($1,000,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Which has stronger property growth, Marks Point or Pelican?
Over the past 12 months, Marks Point grew +5.4% vs +5.3% in Pelican, a gap of 0.1 percentage points. Twelve-month growth can swing year to year, so weight long-run trends from the individual suburb profiles before making a buy decision.
Which suburb has higher rental yield, Marks Point or Pelican?
Gross rental yield on houses is 3.95% in Marks Point vs 3.90% in Pelican. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.
The numbers behind the take
Price & Market
Rental
Lifestyle & Demographics
Risk & Hazard
Schools
Climate
Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).
Compare Marks Point against another suburb