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 › Spitfire Banks Dr
For sale
For sale
2
Bedrooms
2
Bathrooms
3
Car spaces
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
No recorded sale price for this property yet.
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.
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 TownPositioned within the prestigious Corsica collection at The Cove, this exceptional sub penthouse apartment delivers an enviable lifestyle where contemporary luxury meets the relaxed beauty of Pelican Waters. Overlooking the sparkling waterways and marina precinct, this architecturally designed residence combines generous proportions, premium finishes and seamless indoor-outdoor living, all within walking distance of cafés, restaurants, shopping, parks and the marina.
Designed to maximise natural light and the picturesque outlook, the spacious floor plan spans approximately 187m² and features two generous bedrooms, two beautifully appointed bathrooms, an expansive open plan living and dining zone, a designer kitchen with walk-in pantry, separate laundry and an oversized covered terrace that effortlessly extends the living space outdoors. Secure basement parking for three vehicles and lift access complete this premium offering.
3000mm ceilings with modern square set finishes, ducted air-conditioning, ceiling fans, high-end integrated appliances, soft-close cabinetry, brushed nickel tapware, natural stone benchtops, a hot and cold Zip tap, sheer curtains to the sliding doors, block-out blinds in the master suite, 100% wool loop-pile carpet with premium underlay, imported Italian tiles and a comprehensive audio-visual security system.
Every detail has been thoughtfully considered to create a residence of timeless elegance. American Oak timber flooring flows throughout the living spaces, complemented by bespoke cabinetry and a sophisticated neutral palette. At the heart of the home, the gourmet kitchen is both functional and striking, featuring an oversized island bench, premium integrated appliances, extensive storage and a fully appointed walk-in pantry, making everyday living and entertaining effortless.
The master suite is a private retreat, opening directly onto the terrace to capture tranquil water views and cooling coastal breezes. A luxurious ensuite features floor-to-ceiling tiling, double vanity, oversized walk-in shower and refined brushed metal finishes, while the second bedroom is generously proportioned and serviced by an equally impressive main bathroom.
The expansive terrace is undoubtedly one of the home's defining features. Whether enjoying your morning coffee overlooking the waterways, entertaining family and friends or unwinding with a sunset drink, this generous outdoor space offers a spectacular backdrop across the marina, parklands and beyond towards the Sunshine Coast skyline.
Completed in 2024, Corsica has quickly established itself as one of Pelican Waters most desirable residential addresses. Residents enjoy exclusive access to beautifully maintained resort-style facilities including a heated saltwater swimming pool, landscaped gardens and communal spaces, while the vibrant marina precinct is just moments away.
With beaches, championship golf, local schools, shopping, dining and the Caloundra CBD all within easy reach, this is an exceptional opportunity to secure a luxurious low-maintenance residence in one of the Sunshine Coast's fastest growing waterfront communities.
Move straight in and experience the effortless lifestyle only The Cove can offer.
Summary of Features:
- 187m2 north facing sub-penthouse in architecturally designed Corsica building
- 2 bedrooms, 2.5 fully tiled bathrooms, elegant galley kitchen with butler’s pantry
- Expansive open plan living and dining flowing seamlessly outdoors
- Oversized covered entertaining terrace with water views
- Premium kitchen with stone island, walk-in pantry and integrated appliances
- 900mm induction cooktop, 600mm pyrolytic oven, integrated refrigerator, dishwasher, microwave
- Vintec wine fridge and Zip filtered water tap
- Storage + 3-car basement parking, AV security system to residence, direct lift access
- 3000mm ceilings with square set cornices, natural stone benches, Bosch integrated appliances
- Full use of resort facilities including sun drenched heated saltwater pool & sunbathing terrace
- Short walk to shopping, dining, parks/playgrounds, tavern, and marina to berth boat
- 5 mins to golf, 5-10 mins to school, 10 mins to CBD & stunning patrolled beaches
- Built in (late) 2024, presentation in immaculate, near-new condition
Disclaimer: Whilst every effort has been made to ensure the accuracy of the information contained in this listing, no warranty is given by the vendor or agent as to its accuracy. Interested parties should not rely on this information as a statement or representation of fact and must satisfy themselves by inspection and seek expert advice.
Some images have been digitally enhanced or virtually staged for illustrative purposes only.
Listing description written by BOBBY O'HARA, Town — reproduced as published, not verified by Districts.
Also look at
10 Grace Ct, Pelican Waters QLD 4551
4-bed house for sale. Currently listed.
7 Webb Ellis Ct, Pelican Waters QLD 4551
5-bed house for sale. Currently listed.
84 Maclamond Dr, Pelican Waters QLD 4551
4-bed house for sale. Currently listed.
19 South Diamond Dr, Pelican Waters QLD 4551
5-bed house for sale. Currently listed.