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
$1,865,000
Last sold
12 Jan 2026
4
Bedrooms
2
Bathrooms
4
Car spaces
657 m²
Land
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
$1,865,000
12 Jan 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
+17.9%
Median sale
Suburb $1,582,500
-0.36 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 99.6% of it (Sunshine Coast Council, retrieved 1 Sept 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 267 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.
99.6% of the official parcel intersects the loaded flood overlay. Layer: High 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: High 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: High 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 267 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: High Flood Risk Area. Flood on the lot is a finance, insurance, and rear-yard subdivision problem — not just a suburb badge.
Lot-level flood
Knownmedium99.6% of the official parcel intersects the loaded flood overlay. Layer: High 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 Local AgentThis is an exclusive opportunity to secure a truly impressive near new, ready to live in, custom property that offers premiere coastal living!
- Prominent street presence and aesthetically landscaped
- Attention to detail throughout with top quality finishes
- Created by notable award winning building designers
- Constructed by multi-award winning luxury builders
- Central entertaining area overlooking the alluring pool and atrium
- Desirable 657m2 corner block with fenced yard
- Functional layout configuration for low maintenance and effortless living
- Nearby access to the beautiful Pumicestone Passage and Ocean
- Secure double garage with double gated side access - perfect for the extra boat, trailer or full size caravan.
Your new lifestyle in Pelican Waters awaits, a rare opportunity to secure your elite dream home! Time to take in the well proportioned spaces, seamless design, top finishes and relaxing outdoor area... From the moment you step foot into this custom designed property you will be impressed and won't want to leave. Well positioned with a beautiful aspect on a generous corner block - this property will suit the most particular of new buyers!
The four bedroom residence spans flawlessly across the single level, the sizeable master retreat, deluxe walk in robe and ensuite is just beautiful outlooking onto the pool area while maintaining privacy and comfort. The main bathroom has seamless finishes and natural lighting, the separate media/lounge is well positioned off the 3 bedrooms and could also be utilised a kids retreat, games room or 2nd guest wing area. While the open plan living and kitchen is a neat central space you will absolutely love: the kitchen is a masterpiece in itself with a modern coastal vibe, quality stone benches, fully integrated dishwasher plus impressive island bench with stunning fixtures.
This property has a special edge that most would aspire of having for their forever home - absolutely stunning modern design with space for the extra's. If required you could realistically accomodate for 8 vehicles off street parking(2-garage, 2-side access, 4-driveway), there is also plenty of internal storage, low maintenance yard and nearby to the canal, passage and ocean. Featuring the most premium finishes, it is arguably one of the most eye catching properties currently available in the Suburb.
The luxury residence was designed by notable award winner Reitsma & Associates, and every detail has been meticulously thought through and executed by the prominent multi-award winning builder Reed & Co Homes, who have surpassed expectations in creating that beautiful seamless transition everywhere you look. The striking façade draws your attention in, and from the moment you enter the home you notice a sense of elegance while feeling secure at home. The attention to detail in every aspect of the home is evident with the design around coastal living and incorporating seamless transitions with the use of different textures, natural light and professional landscaping. Executive and contemporary elegant design paired with premium fixtures and fittings, this home will remain a timeless masterpiece that you will want to make it your own!
Now is your opportunity to live in this one-of-a-kind home with the canal nearby and the fantastic Park + Pumicestone Passage on your doorstep. Local shops, walking paths & great schools are also nearby. This custom property must be inspected to appreciate how truly special it is. Low set homes in this sought after location with this aspect are rare to find - ready to move into your dream home and enjoy the summit of Sunshine Coast living!
The luxurious residence also features:
- MyAir ducted air conditioning
- Security cameras
- Complete professional landscaping
- Sonos in-ceiling speakers
Quality built near new luxury homes of this calibre will not last as this property has already attracted the attention of multiple interested parties prior to going to market:
Contact: Jaryd Hunter - 0431 263 098
*Happy to arrange exclusive private inspections and virtual viewings for interstate buyers*
Disclaimer:
Whilst all care has been taken the information contained on any marketing material, website or other portal should not be relied upon and you should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property.
Listing description written by Jaryd Hunter, Local Agent — reproduced as published, not verified by Districts.