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QLD › Pelican Waters › Warrego Dr

80 Warrego Dr, Pelican Waters QLD 4551

For saleHouse

$1,850,000

For sale

Asking

4

Bedrooms

3

Bathrooms

2

Car spaces

400 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,850,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,850,000(Listing record · 27 Aug 2026)
  • 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=129). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 17% 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 2.04% — 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

$1,850,000

Asking · $4,625/m² of land

No recorded sale for this property.

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=129). 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

+16.9%

Median sale

Suburb $1,582,500

-0.34 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
$1,850,000
Stamp Duty (Queensland)
$86,900
Transfer/Registration Fee
$8,024
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
$1,948,624

$98,624 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
0.54%
Annual cashflow (pre-tax)
$-86,302
Interest cover (DSCR)
0.10
Annual rent
$37,648
Operating expenses
$27,750
Loan amount
$1,480,000
Annual interest
$96,200
Gross yield
2.04%

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$1,850,000available27 Aug 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 2.0%. 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 Warrego Dr →

Listing material

Listed by Henzells Caloundra

UNINTERRUPTED WATER VIEWS & VERSATILE COASTAL LIVING

Surrounded by quality waterfront homes and positioned just 100 metres from the expansive 4-hectare Jensen Park, 80 Warrego Drive offers a refined coastal lifestyle in one of Pelican Waters' most desirable settings. Built to a high standard and thoughtfully designed throughout, the home captures uninterrupted water views while offering generous proportions, quality finishes and a wonderful sense of space.

Multiple living and entertaining areas provide flexibility for the whole family, including a welcoming front lounge with water views, a dedicated home office and an open plan living and dining area. Upstairs, a separate lounge opens onto a private balcony, offering another peaceful place to relax while taking in the tranquil water outlook.

At the heart of the home, the well appointed kitchen combines style and functionality with stone benchtops, quality appliances and a generous butler's pantry. The kitchen and living spaces connect effortlessly with the covered alfresco area and in ground pool, creating an inviting setting for entertaining or enjoying relaxed afternoons outdoors. Surrounded by low maintenance gardens and complemented by ducted and zoned air conditioning, the home is designed for comfortable living throughout the year.

Read the full description

Accommodation is equally well considered, with four bedrooms and excellent separation across both levels. A standout feature is the choice of two master suites, offering exceptional versatility for families and guests. The generously sized ground floor master opens directly to the pool through sliding doors and features a walk in wardrobe and full ensuite, while the upstairs master enjoys an elevated northerly aspect, private balcony and uninterrupted canal views, together with its own walk in wardrobe and ensuite.

Two additional bedrooms are positioned upstairs alongside the main bathroom, providing plenty of space for family and guests while allowing the master suites to remain private and separate.

With Jensen Park practically on your doorstep and the waterways, Marina precinct, cafes, restaurants and Golden Beach Esplanade all close by, this is a beautifully appointed home that brings together space, flexibility and an enviable waterfront lifestyle.

RATES: $2,332 per annum (approx)

Quote this reference when enquiring on this property: WARR80

This property may be advertised without a price. In accordance with legislation, a price guide can only be provided via nearby comparable sales. The website may have filtered the property into a price bracket for website functionality purposes.

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

Listing description written by Morgan Bonanno, Henzells Caloundra — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Balcony
  • Built-in Robes
  • Dishwasher
  • Ducted Cooling
  • Ducted Heating
  • Outdoor Entertaining
  • In-Ground Pool
  • Remote Garage
  • Secure Parking
  • Study
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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.