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 › Cato Dr
$1,800,000
Last sold
30 Mar 2026
4
Bedrooms
3
Bathrooms
2
Car spaces
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
$1,800,000
30 Mar 2026 · derived via latest_sale
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
+13.7%
Median sale
Suburb $1,582,500
-0.29 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 90.1% 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 450 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.
90.1% of the official parcel intersects the loaded flood overlay. Layer: Low Flood Risk Area. Also mapped: High Flood Risk Area (8.6% of the parcel). 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; High Flood Risk Area. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack. 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; High Flood Risk Area. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.
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 450 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; High Flood Risk Area. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.
Lot-level flood
Knownmedium90.1% of the official parcel intersects the loaded flood overlay. Layer: Low Flood Risk Area. Also mapped: High Flood Risk Area (8.6% of the parcel). 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 CaloundraWelcome to 12 Cato Drive, an exceptional family residence where every detail has been thoughtfully considered. From the carefully chosen fixtures and finishes to the intelligently designed living spaces, this home blends style and functionality effortlessly. Spacious, light filled interiors flow seamlessly to the outdoors, while side access provides ample room for your boat or caravan, making this property the perfect combination of comfort, practicality, and contemporary design.
The heart of this home lies in its impressive open plan living area, which offers a seamless flow between the indoors and outdoors. The stylish kitchen is a chef's dream, featuring premium Fisher & Paykel appliances, including a free standing gas cooker, dishwasher, and built-in microwave. The convenient butler's pantry with a sink adds additional storage and functionality, perfect for keeping your kitchen organised. A striking 40mm stone island bench serves as the centrepiece of the kitchen, offering both a practical workspace and a stylish focal point.
Step outside to discover a resort style inground pool, complemented by a spacious seating area ideal for both relaxation and entertaining. The east facing backyard offers the perfect setting to enjoy the morning sun, creating a peaceful and inviting outdoor space
The elegant timber tread stairs lead you upstairs, where you'll find a spacious retreat area, perfect for quiet relaxation or a cozy family hangout. The master suite is a true highlight of this home, offering a large walk in wardrobe and a luxurious ensuite that provides a private escape from the world. Three additional bedrooms are located upstairs, all with built in wardrobes, and share a beautifully appointed main bathroom. Plus, there is an additional study or casual living room on the lower level.
With high ceilings throughout, the home feels spacious and airy. Practicality is also prioritised, with under stair storage helping you keep the space clutter free. The home is equipped with ducted air-conditioning and 6.6kW of solar to ensure year round comfort, making it a perfect retreat no matter the season.
This home is thoughtfully designed for effortless living, with a seamless connection between the indoor and outdoor spaces that captures the essence of coastal living. Whether you're hosting friends by the pool, preparing a meal in the stylish kitchen, or unwinding in the spacious master suite, every detail of this home is designed with comfort and style in mind.
With easy access to parks, the marina, and local amenities, 12 Cato Drive is not just a home, it's a lifestyle.
~ Generously proportioned home with four bedrooms plus study
~ Less than 12 months old
~ Versatile indoor and outdoor living spaces
~ 6.6kW Solar, Side access, ducted air conditioning, high ceilings
~ Short walk to 2.2ha park, Pelican Waters Marina, shops, cafes and restaurants
~ Minutes to Golden Beach Esplanade, Caloundra CBD, award-winning beaches
~ Approximately 15 mins to Sunshine Coast University Hospital, 35 mins to Sunshine Coast Airport, 45-50 mins to Noosa, 1h15 to Brisbane CBD/airport
Quote this reference when enquiring on this property: CATO12
(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.