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QLD › Pelican Waters › Shoalwater Circuit

9 Shoalwater Circuit, Pelican Waters QLD 4551

For saleHouse for Sale

$1,699,000

For sale

Asking

5

Bedrooms

3

Bathrooms

2

Car spaces

450 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,699,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,699,000(Listing record · 29 June 2026)
  • FactLand 450 m²; no building size recorded.(Property record)
  • CalculationAsk is 7% 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 2.22% — 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

$1,699,000

Asking · $3,776/m² of land

No recorded sale for this property.

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

+7.4%

Median sale

Suburb $1,582,500

-0.16 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
$1,699,000
Stamp Duty (Queensland)
$78,218
Transfer/Registration Fee
$7,325
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
$1,788,243

$89,243 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
0.72%
Annual cashflow (pre-tax)
$-76,185
Interest cover (DSCR)
0.14
Annual rent
$37,648
Operating expenses
$25,485
Loan amount
$1,359,200
Annual interest
$88,348
Gross yield
2.22%

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$1,699,000available29 June 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 2.2%. 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 Shoalwater Circuit →

Listing material

Listed by Henzells Caloundra

FAMILY LIVING WITH SELF-CONTAINED STUDIO AND WATER VIEWS

Positioned within a sought-after waterfront enclave, this spacious and thoughtfully designed residence offers the perfect blend of comfort, versatility and modern family living. Surrounded by picturesque waterways, walking tracks and quality homes, this impressive five-bedroom home offers a premium coastal lifestyle just moments from parkland, the marina precinct, local shopping and the beaches of Golden Beach.

Designed with both everyday living and entertaining in mind, the home features a light-filled open plan layout that seamlessly connects the kitchen, dining and living areas to the outdoor entertaining space and saltwater pool. The well-appointed kitchen is complete with stone benchtops, a waterfall-edge island, Technika 900mm gas cooktop and oven, and a convenient walk-through pantry with direct access from the garage.

One of the home's standout features is the fully self-contained studio located on the ground floor. Offering a bedroom, kitchenette, walk-in wardrobe, ensuite and private courtyard with separate side access. This versatile space is ideal for guests, extended family or those seeking dual living potential.

Read the full description

Upstairs, a generous retreat offers a versatile second living space, while each bedroom is thoughtfully appointed with built-in wardrobes and ceiling fans. The master suite captures tranquil water views and features a walk-in wardrobe along with a stylish ensuite complete with a double vanity and oversized shower. The remaining upstairs bedrooms are serviced by a well-designed family bathroom, featuring a bath, shower and separate toilet for added convenience.

Additional features include plantation shutters throughout, Fujitsu split-system air conditioning to the living area and master suite, Crimsafe security screens to the front and alfresco door, low-maintenance gardens with astro turf and 7kW solar system.

Combining flexible living spaces, quality finishes and an enviable coastal location, this impressive home offers a lifestyle of comfort and convenience for families of all sizes.

Features you'll love:

~ Five-bedroom, three-bathroom home with double garage

~ Fully self-contained studio with private entry and courtyard

~ Saltwater chlorinated pool, Plantation shutters throughout

~ Generous master suite with water views

~ Fujitsu split-system air conditioning to living area and master

~ Crimsafe security screens to front and alfresco doors

~ Low-maintenance gardens with astro turf

~ 7.125kW solar system with 15kW battery storage and 5000W inverter

~ Moments from waterways, walking tracks, local shopping and Golden Beach

RATES: $ 2,533 per annum (approx)

Quote this reference when enquiring on this property: SHOA9

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
  • Built-in Robes
  • Dishwasher
  • Ducted Cooling
  • Ducted Heating
  • Outdoor Entertaining
  • In-Ground Pool
  • Remote Garage
  • Rumpus Room
  • Secure Parking

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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.