Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

QLD › Pelican Waters › Cato Dr

31 Cato Dr, Pelican Waters QLD 4551

House

$1,355,000

Last sold

22 Apr 2026

3

Bedrooms

2

Bathrooms

2

Car spaces

400 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $1,355,000 (22 Apr 2026).(Recorded sale)
  • FactLand 400 m²; no building size recorded.(Property record)
  • 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

$1,355,000

22 Apr 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.

See the full Pelican Waters report →

Vs Pelican Waters

-14.4%

Median sale

Suburb $1,582,500

+0.40 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$1,355,00022 Apr 2026
  2. Listedprice unknowncompleted7 Apr 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

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 Cato Dr →

Listing material

Listed by Town

Contemporary Luxury with Golf, Marina and Coastal Lifestyle

Set within the prestigious master planned community of Pelican Waters, this beautifully appointed contemporary home perfectly captures the essence of a relaxed coastal lifestyle, surrounded by waterways, a championship golf course and a marina precinct, all just moments from the pristine beaches of the Sunshine Coast. Designed for both comfort and style, it offers a considered layout with premium finishes and a seamless connection between indoor and outdoor living.

A striking black front door sets the tone on arrival, opening to a light filled interior enhanced by ducted air conditioning and a calm, cohesive palette. The floorplan has been thoughtfully arranged to balance shared living with quiet retreat, incorporating a separate media room and a dedicated home office complete with built in desk and shelving, ideal for working from home or study.

At the centre of the home, the kitchen, living and dining areas blend together in a generous open plan design that feels both functional and inviting. The kitchen is finished with waterfall stone benchtops, a substantial island bench and a well-equipped butler’s pantry, complemented by Westinghouse appliances including an induction cooktop and 900mm oven, creating a space suited to both everyday living and entertaining.

Read the full description

Sliding doors extend the living area to a covered alfresco with a pull‑down shade, where a built in Grillo outdoor kitchen and smoker create an ideal setting for long lunches, weekend gatherings or relaxed evenings with friends. The outdoor space continues to a saltwater plunge pool and a flat, artificial turfed lawn, offering a low maintenance yard framed by landscaped gardens.

Privately positioned, the master suite features statement wall paneling, a walk-through robe and a generous ensuite with double vanities and an oversized shower, creating a decadent retreat. Additional bedrooms are well proportioned and supported by a stylish main bathroom, while a separate laundry with built in cabinetry reinforces the home’s functional design.

Further inclusions include Daikin ducted air conditioning, a 13.8kW solar system, Swann security system, Ring doorbell and cameras, security screens, side access and a fully fenced yard.

Positioned within one of the Sunshine Coast’s most established and sought after communities, with access to canals, walking paths, golf, the marina and nearby shopping, this home presents an exceptional opportunity to secure a stunning property in a location defined by lifestyle, convenience and coastal appeal.

What we love

- Prestigious Pelican Waters location, canals, golf course, marina lifestyle, only an hour to Brisbane

- Near new, contemporary home, premium finishes, thoughtful family layout

- Open plan living, separate media room, dedicated home office with built in cabinetry

- 13.8kW solar with 10kW inverter 42kW battery, inbuilt WIFI and smart meter

- Designer kitchen, waterfall stone benchtops, island bench, butler’s pantry Westinghouse appliances with Calacatta Sara stone benchtops

- Screenguard security screens, covered alfresco with Grillo outdoor kitchen and smoker and a pull‑down shade for added comfort"

- Daikin ducted air conditioning, Ring doorbell and cameras, Swann security system

- Saltwater plunge pool, landscaped yard, artificial turf for low maintenance, fully fenced, side access

- Master retreat, feature wall paneling, walk through robe, ensuite with double vanities and oversized shower

Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.

Listing description written by BOBBY O'HARA, Town — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Alarm System
  • Ensuites: 1
  • Living Areas: 1
  • Outdoor Entertaining
  • In-Ground Pool
  • Secure Parking
  • Solar Panels
  • Toilets: 2
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.