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 98 recorded sales (last 12 months) — a Districts calculation.
QLD › Pelican Waters › Wategos Circuit
$1,375,000
Last sold
24 Feb 2025
4
Bedrooms
2
Bathrooms
2
Car spaces
650 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
$1,375,000
24 Feb 2025 · derived via latest_sale
Local land rate: recorded House sales in Pelican Waters (last 5 years) with land size have a median of $2,205/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 98 recorded sales (last 12 months) — a Districts calculation.
Vs Pelican Waters
-13.1%
Median sale
Suburb $1,582,500
+0.36 pp
Gross yield
Suburb 2.38%
Suburb median $1,582,500 from 98 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
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.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
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
QLDPlanning 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.
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
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.
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
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.”
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
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
UnknownPlanning layers have not been retrieved for this property yet.
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?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried 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 98 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Henzells CaloundraWelcome to 38 Wategos Circuit, a beautifully designed north facing four bedroom plus study family home nestled in the sought-after community of Pelican Waters. Crafted over a level 650sqm parcel with an all season, hassle free, indoor-outdoor lifestyle in mind.
The heart of this quality-built home features a modern kitchen, open-plan living area and separate theatre room that caters to both relaxation and entertainment. Indulge in culinary delights within the well-appointed kitchen, featuring a sleek gas cooktop, all accentuated by ample storage.
Each bedroom is well-appointed including the exquisite master suite with walk-in robe and ensuite. Further enhancing this haven are three additional bedrooms, each adorned with ceiling fans and built-in wardrobes. Step outside to discover your own private oasis, complete with sparkling heated magnesium in-ground pool, creating the ultimate setting for leisure and entertainment.
This home offers a range of thoughtful extras, including a ducted vacuum system, heated towel rails in the bathroom, remote-controlled blinds to the alfresco area, and a 4.2kW solar system for added energy efficiency.
Beyond your front door, you'll be steps away from JR Ford Park, kayaking access, idyllic waterfront pathways and a mere 800m to Golden Beach with its vibrant cafe strip and picturesque beaches.
~ Three living areas including theatre room with built-in surround sound
~ Ducted air-conditioning and ceiling fans throughout
~ Grand entertaining area overlooking the magnesium in-ground pool
~ Recently installed carpet, plantation shutters, 4.2kW solar and alarm system
~ 650sqm level allotment features garden sheds and rainwater tank
~ Close to the beautiful waters of the Pumicestone Passage
This is a rare opportunity to secure a beautiful family home in one of the Sunshine Coast's most desirable neighborhoods 'The Beaches'. Whether you're looking to upgrade, invest, or find your forever home, 38 Wategos Circuit is waiting for you.
RATES: $2,300 per annum (approx)
Quote this reference when enquiring on this property: WATE38
(If this property is being sold by Auction or without a price, a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.)
Listing description written by Kyle Davies, Henzells Caloundra — reproduced as published, not verified by Districts.