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QLD › Pelican Waters › Matthew Cres

5 Matthew Cres, Pelican Waters QLD 4551

House

$1,290,000

Last sold

25 Mar 2025

4

Bedrooms

2

Bathrooms

4

Car spaces

787 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 $1,290,000 (25 Mar 2025).(Recorded sale)
  • FactLand 787 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Pelican Waters (last 5 years) with land size: median $2,205/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

$1,290,000

25 Mar 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 96 recorded sales (last 12 months) — a Districts calculation.

See the full Pelican Waters report →

Vs Pelican Waters

-18.5%

Median sale

Suburb $1,582,500

+0.54 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$1,290,00025 Mar 2025
  2. Listedprice unknowncompleted25 Feb 2025

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 Matthew Cres →

Listing material

Listed by Henzells Caloundra

IMMACULATE RESIDENCE WITH DUAL DRIVEWAYS AND POOL

Nestled in a tranquil and highly sought-after street in Pelican Waters, this immaculate family home offers a welcoming atmosphere and a well-designed layout ideal for family living.

With just two careful owners, this residence has been meticulously maintained over the years. Set on a generous 787sqm block, featuring dual driveways with hardstand, ready for easy storage for a caravan or boat behind the large manual sliding gate, along with a double lock-up garage.

Stepping inside, you'll be greeted by an abundance of natural light and a sense of space, leading into the casual lounge with pitched ceilings.

Read the full description

The well-kept kitchen, complete with stainless steel appliances, a walk-in pantry, and fabulous pool views, making it perfectly positioned for watching family members enjoying the sparkling in-ground pool.

All four bedrooms have built-in robes, providing plenty of storage. The master suite offers a walk-in robe and ensuite, thoughtfully positioned for privacy away from the other bedrooms.

WHAT WE LOVE:

This low-maintenance home allows you to lock up and head off on your next caravan adventure with ease - perfect for retirees looking for a relaxed, lock-and-leave lifestyle.

Additional features include 6.5kW solar panels, ducted air-conditioning throughout, ceiling fans in every room, wool carpet, garden shed and generous storage in the garage.

Ideally located just moments from Pelican Waters Shopping Centre, the new Marina Town Centre, placing cafes, restaurants, and shops within easy reach. Residents can also enjoy live music and food trucks at the new Pelican Waters Twilight Markets every second Friday of the month. With schools, parks, and public transport nearby, this is a fantastic opportunity for families seeking both convenience and lifestyle.

~ Four bedrooms, master with ensuite and walk-in robe

~ Casual lounge with pitched ceilings plus living and meals area

~ 6.5kW solar panels, ducted air-conditioning

~ 787-square-metre block with caravan hardstand

~ Beautifully maintained home with only two owners

~ Dual driveways with hardstand ready for easy and secure caravan or boat storage

RATES: $2,435 per annum (approx)

Quote this reference when enquiring on this property: MATT5

(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 Linda Feltman, Henzells Caloundra — 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.

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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.