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.
QLD › Pelican Waters › Fortier St
$1,725,000
For sale
$1,725,000
Last sold
29 May 2025
7
Bedrooms
5
Bathrooms
4
Car spaces
652 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
Asking
$1,725,000
29 May 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.
Vs Pelican Waters
+9.0%
Median sale
Suburb $1,582,500
-0.20 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.
$90,878 on top of the price (5.3% extra)
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.
Pre-filled with Pelican Waters's advertised median rent — not a rent for this listing.
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.
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 96 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by TownThis supersized light-filled residence offers design excellence and exceptional versatility across two levels with genuine dual living possibilities for extended family members or short-term holiday rental income of self-contained living quarters, on a fully fenced 652m2 block with a heated saltwater pool and fabulous child and pet-friendly backyard.
Across 464 square metres the home comprises grand formal entry, seven bedrooms, five luxury bathrooms, office/nursery (off master suite), multiple living areas, galley kitchen with butler’s pantry plus kitchenette, expansive covered alfresco terrace, separate laundry, and double lock-up garage with storage.
The floor plan is perfectly configured to facilitate intergenerational living as well as good separation throughout; there is space for everyone to enjoy both privacy and communal time for relaxation and socialising. It is a highly functional family-friendly design complete with ensuited guest accommodation on the ground floor; and with so much room, you’ll have plenty of visitors!
High ceilings, ducted air-conditioning, ceiling fans, walk-in robes in four of the bedrooms, dual vanities in three of the bathrooms, stone benches in all wet areas, quality appliances, security screens, easy-care timber-look vinyl flooring, solar hot water, 5kW solar power, garden shed, and electronic entry gate: are among the suite of features that boost value and appeal.
Located in a quiet neighbourhood with premium homes, just 800-metres to a local park/playground including dog park and walking distance to a network of cycling/pedestrian trails providing great connectivity to marina, shopping, dining, waterfront parks and more: the walkability scale is impressive.
As far as the fun stuff goes, it’s only a three-minute drive to the Greg Norman designed championship golf course, five-minutes’ drive to Golden Beach boat ramp to launch your boat onto the Pumicestone Passage, and 12 minutes to surf beaches. Your weekends are sorted!
Owners are highly motivated to sell. If size, design, location, and lifestyle matter: this is the property for you!
Summary of Features:
- Supersized 464m2 family home on fully fenced 652m2
- 7 bedrooms, 5 bathrooms, office, multiple living zones
- Sleek galley kitchen with butler’s pantry + kitchenette
- Fully self-contained living quarter to suit extended family
- Covered alfresco terrace, heated saltwater inground pool
- DLUG with storage, electronic entry gate to property
- Ducted A/C, ceiling fans, solar hot water, 5kW solar power
- Elegant coastal décor, premium fixtures and fittings
- Exceptional versatility including Airbnb style options
- Quiet street in prestige lifestyle suburb, walk to marina
- Short drive to schools, boat ramp, golf, shopping & beach
- The complete family home with masses of room for everyone!
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.