Pelican Waters at a glance
8,596
People
$1,582,500
Median sale
$724/wk
Median rent
2.38%
Suburb gross yield
Median sale from 96 recorded sales (last 12 months) — a Districts calculation.
QLD › Pelican Waters › Condamine Ct
$1,950,000
Last sold
11 June 2026
5
Bedrooms
3
Bathrooms
2
Car spaces
536 m²
Land
395 m²
Building
Districts View
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$1,950,000
11 June 2026 · derived via latest_sale
Local land rate: recorded House sales in Pelican Waters (last 5 years) with land size have a median of $2,196/m² of land (n=128). Districts calculation from recorded sales — not a valuation.
Pelican Waters at a glance
8,596
People
$1,582,500
Median sale
$724/wk
Median rent
2.38%
Suburb gross yield
Median sale from 96 recorded sales (last 12 months) — a Districts calculation.
Vs Pelican Waters
+23.2%
Median sale
Suburb $1,582,500
-0.45 pp
Gross yield
Suburb 2.38%
Suburb median $1,582,500 from 96 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
Sunshine Coast Planning Scheme 2014
Zone
Emerging Community Zone
Emerging Community Zone
Jurisdiction
Sunshine Coast Council
Sunshine Coast, QLD
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
The official layer maps a flood zone on this parcel, intersecting about 99.4% of it (Sunshine Coast Council, retrieved 31 Aug 2026). Verify the extent against the title before relying on unaffected land.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
For more information on this property, visit Queensland Globe.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
QLDZoned Emerging Community Zone (Sunshine Coast Planning Scheme 2014). Official parcel area about 538 m². Dual occupancy looks constrained by site overlays or terrain. Two-lot subdivision looks constrained (often the rear or handle of the lot). This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
99.4% of the official parcel intersects the loaded flood overlay. Layer: Low Flood Risk Area. That is a finance, insurance, and rentability screen — distinct from whether the land can be subdivided. It is not a flood certificate or an insurer quote. Flood overlay on a material share of the lot can kill a rear-lot or battleaxe subdivision story. Minimum lot size is not loaded, so two-lot subdivision is not confirmed. The listing may look cheap relative to land or the street. What reduces it: Low Flood Risk Area. Flood on the lot is a finance, insurance, and rear-yard subdivision problem — not just a suburb badge. Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $724/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. Flood on or flagged for this lot can discount tenant demand versus a dry comparable.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
This looks more like a hold-as-is house than a development site. Flood on the lot is the first thing to price.
Detail
The listing may look cheap relative to land or the street. What reduces it: Low Flood Risk Area. Flood on the lot is a finance, insurance, and rear-yard subdivision problem — not just a suburb badge.
Nearby competing dwellings and net yield are still unknown.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
4 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned Emerging Community Zone (Sunshine Coast Planning Scheme 2014). Official parcel area about 538 m². Dual occupancy looks constrained by site overlays or terrain. Two-lot subdivision looks constrained (often the rear or handle of the lot). This is a screen, not a planning certificate.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownmediumThe listing may look cheap relative to land or the street. What reduces it: Low Flood Risk Area. Flood on the lot is a finance, insurance, and rear-yard subdivision problem — not just a suburb badge.
Lot-level flood
Knownmedium99.4% of the official parcel intersects the loaded flood overlay. Layer: Low Flood Risk Area. That is a finance, insurance, and rentability screen — distinct from whether the land can be subdivided. It is not a flood certificate or an insurer quote.
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Pelican Waters at a glance
8,596
People
$1,582,500
Median sale
$724/wk
Median rent
2.38%
Suburb gross yield
Median sale from 96 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Henzells CaloundraSet on a 536sqm corner block in a well-established part of Pelican Waters, this home offers a functional layout, quality finishes, and plenty of space for a growing family.
The design makes everyday living easy, with a strong connection between the kitchen, main living area, and alfresco. Large stacker doors open out to the outdoor entertaining area, overlooking the pool and yard, making it a great setup for both family life and having people over.
At the centre of the home, the kitchen is well thought out with a wide stone island and waterfall edges, walk in pantry, soft close cabinetry, and quality appliances including a 900mm induction cooktop, oven, and built in microwave. There is also provision for a plumbed fridge.
A highly practical feature is the internal access from the garage through the laundry straight into the kitchen and pantry. This makes it easy to bring groceries straight in and works well for day-to-day living with kids.
Downstairs includes a separate media room with barn doors, giving you a second living space that can be closed off when needed, along with a full bathroom and one of the five bedrooms which works well for guests or extended family.
Upstairs, there is an additional living area and four bedrooms, all with walk-in wardrobes and plantation shutters. The master suite is oversized and positioned to take in the water views, complete with its own balcony, walk in robe, and ensuite featuring a double vanity and bath.
You will also notice some of the extras that make a difference day to day, including 2700mm ceilings, 2400mm doors, a double height void over the main living, solid timber stairs, and good storage throughout including a walk-in linen cupboard and under-stair storage.
Outside, the property offers a nice balance of pool, lawn, and usable yard space, along with a 4m x 3m shed. The garage has epoxy flooring, and there is Crimsafe installed to key access points including the front door, laundry, and alfresco.
Comfort is covered with a 20kW MyAir ducted air conditioning system, ceiling fans throughout, and a full alarm system with internal sensors and FOB access.
Features:
~ 5 bedrooms, 3 bathrooms, 2 car garage
~ 536sqm corner block with water views
~ Pool, grassed yard plus 4m x 3m shed
~ Open plan living with stacker doors to alfresco
~ Separate media room with barn doors
~ Upstairs living area
~ Kitchen with stone waterfall benches, walk in pantry, 900mm appliances
~ Internal garage to laundry to kitchen access which is ideal for groceries
~ Master with balcony, water views, ensuite and walk-in robe
~ All bedrooms with walk in wardrobes and plantation shutters
~ 2700mm ceilings, 2400mm doors, double height void
~ Ducted air conditioning (MyAir 20kW) plus ceiling fans
~ Crimsafe security and alarm system
~ Epoxy garage floor plus good internal storage
Located close to Jensen Park with 4 hectares of open green space, and only minutes to Golden Beach, the Marina precinct, and coastal pathways.
Quote this reference when enquiring on this property: COND1
This property may be advertised without a price. In accordance with legislation, a price guide can only be provided via nearby comparable sales. The website may have filtered the property into a price bracket for website functionality purposes.
DISCLAIMER: Every effort has been made to ensure the accuracy of the information provided regarding this property; however, no warranty or representation is made by the seller or agent. All details are sourced from information deemed reliable. Accuracy cannot be guaranteed. Prospective buyers are advised to conduct their own inspections, enquiries, and searches with the appropriate authorities.
Listing description written by Morgan Bonanno, Henzells Caloundra — reproduced as published, not verified by Districts.