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QLD › Pelican Waters › Forster Pl

2 Forster Pl, Pelican Waters QLD 4551

House

$1,380,000

Last sold

4 Mar 2025

4

Bedrooms

2

Bathrooms

4

Car spaces

619 m²

Land

300 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,380,000 (4 Mar 2025).(Recorded sale)
  • CalculationRecorded House sales in Pelican Waters (last 5 years) with land size: median $2,196/m² of land (n=128). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$1,380,000

4 Mar 2025 · 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.

See the full Pelican Waters report →

Vs Pelican Waters

-12.8%

Median sale

Suburb $1,582,500

+0.35 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 and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

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

Property history

  1. Sold$1,380,0004 Mar 2025
  2. Listedprice unknowncompleted16 Jan 2025

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

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.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Pelican Waters in one glance

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.

See the full Pelican Waters report →

Keep researching

  • Why Pelican Waters? Read the area thesis →
  • What else is on the market in Pelican Waters →
  • Other records on Forster Pl →

Listing material

Listed by Mogg Property

QUALIA MEETS PELICAN WATERS WITHOUT THE PRICE TAG!!!

This beautifully maintained single-level home, built by Plantation Homes, features an elegant design that perfectly complements its natural surroundings. Positioned on a private corner block, it offers the perfect sanctuary for families or those who love to entertain. The home boasts exceptional curb appeal and features a secure gated yard with ample space for a caravan, boat or pool.

Surrounded by lush, established gardens, the home exudes tranquility from the moment you arrive. A welcoming front porch with a large pivot front door, seating area, and electric blinds sets the tone for this peaceful retreat. Step inside to discover a spacious, light-filled entrance hall with high ceilings that create an inviting, open atmosphere - perfect for setting the tone of your home office.

With multiple living areas, the home caters to various needs. One living space offers a cozy retreat, perfect for relaxation, while the second seamlessly blends indoor and outdoor living with direct access to an alfresco area through large timber sliding doors. A charming gazebo and additional outdoor seating areas make this the ideal setting for hosting friends and family or simply enjoying the coastal breeze.

Read the full description

The kitchen is a chef's delight, featuring an expansive stone benchtop, walk-in pantry, built-in appliances, skylight, and gas cooktop.

The master suite is generously sized and includes direct garden access, a large walk-in wardrobe, and an ensuite complete with stone benchtops. There are three additional spacious bedrooms, all with built-in wardrobes, plus a dedicated rumpus or living area, creating a private wing that's ideal for guests or children.

This home effortlessly blends indoor and outdoor living, offering a versatile space that suits a variety of lifestyles. Features such as solar power, solar hot water, ducted air-conditioning, high ceilings, and beautifully landscaped gardens enhance its appeal. Just across the road, a pathway directly links you to the Golden Beach coastal walk. Parks, the new marina, and a golf course are all just a short distance away, making this property the perfect place to embrace an exceptional lifestyle.

**Key Features:**

- Built by Plantation Homes

- Situated in a quiet cul-de-sac

- Multiple living areas for flexibility and comfort

- Master suite with garden access, walk-in wardrobe, and spacious ensuite

- Three additional large bedrooms with built-in wardrobes, family bathroom, and living area

- Covered alfresco area for entertaining or relaxing

- Multiple outdoor spaces, including a gazebo and tranquil water features

- Gated yard with space for a caravan or boat

- Plantation shutters and ducted zoned air-conditioning

- Solar electricity and solar hot water

- High ceilings, skylights, and gas cooktop

- Electric blinds on the front porch, perfect for enjoying sunsets

- Double garage with remote access and fly-screen feature

- 1.2 km to Golden Beach boat ramp

- 7 minute drive to Golden Beach cafes & beaches

- 2 minute drive to the new marina

- 400m walk to parks and playgrounds

- 2 minute drive to the Pelican Waters golf club

It's a true pleasure to explore this home, and we're confident that every buyer who steps inside will be equally impressed by its exceptional charm and unique features.

Contact Joey today to learn more.

Listing description written by Joey Mogg, Mogg Property — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Alarm System
  • Courtyard
  • Fully Fenced
  • Outdoor Entertaining
  • Solar Hot Water
  • Solar Panels
  • Study
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.