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 › Millennium Circuit
$869,000
For sale
Asking
2
Bedrooms
2
Bathrooms
1
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
$869,000
Asking
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.
Vs Pelican Waters
-45.1%
Median sale
Suburb $1,582,500
+1.95 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.
$39,291 on top of the price (4.5% 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.
Gross yield if leased at the suburb aggregate is 4.3%. 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
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 Coronis Pelican WatersThis beautiful apartment offers the perfect balance of space, comfort and low-maintenance living within the highly sought-after Vardon Point complex.
Stepping inside, you're immediately drawn to the apartment's standout feature - an exceptionally large north-facing balcony that feels more like an extension of the home than a typical apartment outdoor space. Capturing breathtaking views across the lake, golf course and hinterland, it's the ideal setting for entertaining, relaxing or simply enjoying the ever-changing outlook.
The spacious open-plan living and dining area flows seamlessly to the balcony, creating an effortless indoor-outdoor lifestyle. At the heart of the home, the stylish kitchen is well-appointed and perfectly positioned to connect with both the living spaces and spectacular views beyond.
Accommodation comprises two generous bedrooms, including a master suite with ensuite, built-in wardrobes and direct balcony access. The second bedroom is serviced by a full family bathroom, while a separate laundry adds further practicality.
Set within beautifully maintained resort-style grounds, this is an outstanding opportunity to secure a lifestyle-focused apartment in one of Pelican Waters' most desirable communities.
Features include:
• Expansive north-facing balcony with far reaching lake, golf course and hinterland views
• Open-plan living and dining area
• Well-appointed modern kitchen
• Two spacious bedrooms, including master with ensuite
• Family bathroom plus separate laundry
• Air-conditioning
• Timber flooring to living areas
• Secure underground parking for one car and storage cage
• Lift
• Heated lap pool, lagoon pool with spa and tennis court
• Secure gated complex
• Rates: $2,382.32 per annum
• Body Corporate Fees: $10,013.56 per annum
• Walking distance to Pelican Waters Golf Course and club house
• Walking distance to local parks
• Short drive to Pelican Waters Shopping Centre
• Short drive to Golden Beach cafes, restaurants and esplanade
• Approximately 10 minute drive to Caloundra CBD and local beaches
• Approximately 20 minute drive to Sunshine Coast University Hospital
• Approximately 30-35 minute drive to Sunshine Coast Airport and Sunshine Plaza
• Approximately 45-50 minute drive to Noosa
• Approximately 1 hour 10 minute to Brisbane International & Domestic airports
Disclaimer: The agent has taken reasonable steps to verify the accuracy of the information contained in this marketing and advertising material. However, all information is provided as a guide only and should not be relied upon as a representation of fact.
Prospective buyers should make their own enquiries, conduct their own due diligence and seek independent advice to satisfy themselves as to the accuracy, condition, suitability and completeness of the information provided in relation to the property. To the extent there is any inconsistency between this marketing or advertising material and the Form 2 Seller Disclosure Statement for the property, the Form 2 Seller Disclosure Statement will prevail.
If this property is being sold by auction or without a price, a price guide cannot be provided. Any website or portal may have filtered the property into a price bracket for website functionality purposes only.
Some marketing images may contain virtual furniture, furniture staging, digital enhancements or AI-generated enhancements for illustrative purposes. Any such images are intended to assist with visual presentation only and may not reflect the actual property features, furnishings, condition, layout, size, views or presentation. Buyers should rely on their own inspections, enquiries and independent advice.
Listing description written by Louis d'Espagnac, Coronis Pelican Waters — 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.