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QLD › Pelican Waters › Reliance Pl

2 Reliance Pl, Pelican Waters QLD 4551

For saleHouse for Sale

$1,700,000

For sale

Asking

5

Bedrooms

3

Bathrooms

2

Car spaces

823 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,700,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,700,000(Listing record · 29 July 2026)
  • FactLand 823 m²; no building size recorded.(Property record)
  • CalculationAsk is 7% above the Pelican Waters median recorded sale ($1,582,500, n=96, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Pelican Waters's advertised median rent ($724/wk), implied gross yield would be 2.21% — this is not a rent for this listing.(Districts scenario calculation)

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

The ask against the evidence

Asking

$1,700,000

Asking · $2,066/m² of land

No recorded sale for this property.

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

+7.4%

Median sale

Suburb $1,582,500

-0.17 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.

Total cost to purchase

Purchase Price
$1,700,000
Stamp Duty (Queensland)
$78,275
Transfer/Registration Fee
$7,325
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,789,300

$89,300 on top of the price (5.3% extra)

  • Stamp Duty (Queensland)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Pelican Waters's advertised median rent — not a rent for this listing.

Net yield
0.71%
Annual cashflow (pre-tax)
$-76,252
Interest cover (DSCR)
0.14
Annual rent
$37,648
Operating expenses
$25,500
Loan amount
$1,360,000
Annual interest
$88,400
Gross yield
2.21%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

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. Listed$1,700,000available29 July 2026

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

Gross yield if leased at the suburb aggregate is 2.2%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 Reliance Pl →

Listing material

Listed by Caloundra City Realty

Space, Style & A Premium Pelican Waters Address…

Flaunting a blue chip Pelican Waters address in a tranquil no through road, this magnificent family home has been designed and built to epic proportions – with resort like appeal and the facilities to match! Set back behind a private gated entry and spread across an expansive 823m2 allotment, this unique package includes a spacious dual level retreat, with multiple al fresco entertaining areas, a huge backyard and sparkling in ground swimming pool. Framed by tropical gardens and offering an abundance of parking options – this is the perfect home for big families, lifestyle seekers and those who love to entertain.

Features include:

• Expansive 823m2 allotment occupying a dream address within sought after Pelican Waters – just moments to scenic waterways, a multi-million dollar marina and the Greg Norman designed golf course.

Read the full description

• Incredibly spacious dual level residence spread across two well-appointed levels, each offering a selection of private quarters and light filled living spaces.

• Welcoming entry level leading through to the main social zone – connecting three distinct living areas and showcasing a glamorous gourmet kitchen at the heart of the home before spilling out to a covered timber deck and sprawling backyard.

• Sparkling in-ground swimming pool framed by lush tropical surrounds.

• Rolling green lawns – fully fenced and offering plenty of space for kids and pets to run and play.

• Peaceful upper level devoted to private quarters – with an oversize master suite offering a lavish ensuite bathroom and walk in robe, before opening out to a family rumpus, three additional bedrooms, main bathroom and elevated balconies taking in front and backyard views.

• Double lock up garage with internal access + drive through side access on each side of the home, one side leading through to an additional single garage and the other side leading to a concrete pad perfect for boats, trailers and vans. Plus plenty of secure off street parking for further vehicles as desired.

Pelican Waters continues to be one of the Sunshine Coast's most desirable waterfront communities, prized for its wide streets, peaceful surrounds and exceptional lifestyle offering. From morning walks along the nearby canals and parklands to easy access to shopping, dining, quality schools and the world-class Pelican Waters Marina, everything you need is close at hand. With Caloundra's beautiful beaches just minutes away and convenient access to Brisbane, this is a rare opportunity to secure a substantial family home in one of the region's most tightly held pockets… For further details get in touch with our friendly team today on (07) 5491 9500.

Disclaimer:

We have taken all reasonable steps to ensure the accuracy of the information in this listing. However, we encourage prospective buyers to conduct their own due diligence and make any necessary enquiries to verify the details provided. Caloundra City Realty accepts no responsibility for any discrepancies or inaccuracies that may arise.

Listing description written by Team CCR, Caloundra City Realty — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Balcony
  • Built-in Robes
  • Courtyard
  • Deck
  • Dishwasher
  • Ensuites: 1
  • Fully Fenced
  • Living Areas: 4
  • Outdoor Entertaining
  • In-Ground Pool
  • Remote Garage
  • Rumpus Room
  • Study
  • Toilets: 3
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.