Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

QLD › Pelican Waters › Cato Dr

25 Cato Dr, Pelican Waters QLD 4551

For saleHouse for Sale

$1,750,000

For sale

Asking

5

Bedrooms

3

Bathrooms

2

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,750,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,750,000(Listing record · 16 July 2026)
  • CalculationAsk is 11% 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 2.15% — 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

$1,750,000

Asking

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

+10.6%

Median sale

Suburb $1,582,500

-0.23 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
$1,750,000
Stamp Duty (Queensland)
$81,150
Transfer/Registration Fee
$7,558
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
$1,842,408

$92,408 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
0.65%
Annual cashflow (pre-tax)
$-79,602
Interest cover (DSCR)
0.13
Annual rent
$37,648
Operating expenses
$26,250
Loan amount
$1,400,000
Annual interest
$91,000
Gross yield
2.15%

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$1,750,000available16 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 Cato Dr →

Listing material

Listed by Ray White Brisbane City

Pelican Waters Haven - Your Next Chapter Starts Here

Coastal family living where beaches, lakes and a championship golf course are part of everyday life. Set in a quiet cul de sac and moments from the Pelican Waters Marina precinct, this modern double story home on a 480 m2 block has been crafted for families who want to move straight in and start living. Walking paths, local shops and quality schools are all close by everything a family needs to thrive is right at your doorstep.

Once you step inside this beautiful home you will be introduced to a flowing floor plan that links generous family hubs with thoughtful quiet zones. With a vast 374 m2 floor plan, there's room for everyone to spread out without ever being under each other's feet. Explore the standout features of this home below, and I know you will be impressed.

House Features

Read the full description

• Five bedrooms in total, crowned by an oversized master with an expansive walk-in-robe and luxe ensuite (shower, bath, dual vanities, separate toilet). Along with three oversized bedrooms, two with large walk-in robes on the second level and a ground floor guest suite bedroom opening to a Jack and Jill bathroom with shower.

• Three bathrooms in total, including a large family bathroom upstairs with bath, shower, separate toilet and separate sink area.

• Entertainer's open plan kitchen with a butler's pantry with separate sink, living and dining flows through sliding doors to the alfresco-so every gathering moves effortlessly outdoors.

• The kitchen is also fitted with quality European appliances including dual Smeg ovens, induction cooktop with 900mm ducted range hood for the cook in the family

• Two perfect spaces including a comfy upstairs media room for movie nights and a spacious downstairs study/media room for work or play.

• Large modern laundry with plenty of storages space

Additional Indoor Finishes

• Generous 2,750 mm ceiling heights across both levels

• Powerful 20 kW ducted air conditioning for whole home, year round comfort

• Ceiling fans in every room for cool, energy smart comfort

• Coastal style plantation shutters throughout the home creating privacy and perfect light control in every room.

• Hybrid timber-look flooring throughout the main downstairs areas.

• Upgraded carpets and underlay in the bedrooms and study/media rooms.

• Integrated vacuum system with multiple points throughout both levels of the home.

Energy and Utilities

• 13 kW solar system.

• 20 kW battery system.

• 312l hot water system suitable for a family

Outdoor Living and Access

• Sliding doors open to a large alfresco dining and outdoor sitting area.

• 9 m long swim/spa with automatic cover.

• Side access suitable for a boat or caravan.

• Double garage with increased opening height to accommodate a larger cars

Location and Privacy

• Tucked in a tranquil cul de sac, enjoying your own privacy with no neighbouring properties overlooking your space.

Steps from tranquil lakes and leafy walking paths, with the acclaimed Pelican Waters Golf Club just up the road, this home blends lifestyle and convenience. Golden and Kings Beach are only short drive away, and shopping and restaurants are on your doorstep. This home has everything your family needs, right where you want it.

This is a home where every detail has been considered so you can simply turn the key, unpack and begin your next chapter.

DISCLAIMER: Every effort has been made to ensure the accuracy of the information provided regarding this home; however, no warranty or representation is made by the seller or agent. All details are sourced from information deemed reliable but cannot be guaranteed. Prospective buyers are advised to conduct their own inspections, enquiries and searches with the appropriate authorities. Some images may be digitally enhanced for illustrative purposes.

Listing description written by Simon Adams, Ray White Brisbane City — reproduced as published, not verified by Districts.

Districts

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

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

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