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 › Mahogany Dr
$995,000
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
$995,000
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
-37.1%
Median sale
Suburb $1,582,500
+1.40 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.
$45,566 on top of the price (4.6% 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 3.8%. 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 Ray White CaloundraEmbracing the unparalleled beauty of its picturesque surrounds, this sensational residential apartment is north-east facing on the 7th floor with two bedrooms, two bathrooms, and exclusive use of a secure car park and storage cage. This contemporary apartment presents with an immaculately crafted floor plan and is located adjacent to the Greg Norman designed Championship Golf Course, listed top ten in Queensland and Sunshine Coast No.1!
Positioned in Blue Chip Pelican Waters, this apartment has access to a large Resort Pool with a heated lap pool alongside, tennis courts, BBQ facilities, nail spa, hairdresser, alfresco terrace bar, restaurant and is just minutes to shops and Caloundra's most vibrant beaches and attractions.
Demonstrating an immediate sense of light and space, this superbly designed family oasis is blessed with a relaxed coastal ambiance that reflects its enviable elevated setting and mirrors the beauty of it's coastal backdrop.
Spaciously laid out this apartment is designed and finished with a remarkable dedication to style, space, quality and thoughtful attention to detail. The kitchen with its bespoke finishes comes complete with ample cabinetry and cupboard space. The dining and living areas are designed to seamlessly connect to the sun-drenched balcony which enjoys a glorious 160-degree panoramic vista that captures views North over the lake to Buderim and Caloundra's coastline, East to Bribie Island, the Shipping Channel, Moreton Island and West over the golf links.
A combination of luxury and livability perched on the 7th level, this beautifully crafted apartment boasts a spacious king sized master bedroom that comes complete with an East facing balcony, ensuite and built in robe, a 2nd king sized bedroom that comes complete with built in robes and uninterrupted lake views to the North. With dual zoned air conditioning, a remote self-closing vergola, independent laundry and secure underground parking with a caged storage area this apartment promises a prestigious coastal lifestyle, privacy and accessibility.
Additional buying criteria includes: -
· Sensational views from every window and terrace
· Dual zoned air conditioning
· Ultra-contemporary, stylish, elegant and unparalleled comfort
· Spaciously laid out, warm, stylish, progressive and welcoming
· Flowing floor plan that delivers ideal living and dining spaces
· Functional, opulent and contemporary kitchen with ample cabinetry
· Two King sized bedrooms, master with spacious built in robe, ensuite and balcony
· Independent laundry with ample cupboard and bench space
*Selected furniture could be included
· No road noise
· Lifts
· Pet Friendly (upon Body Corp Approval)
· Secure underground car parking space with caged storage area
· First class amenities, in-ground swimming pools, gymnasium and BBQ areas;
· Onsite Manager
· Close proximity to the Sunshine Coast Health and University Precincts
· Thirty-minute drive to the Sunshine Coast Hinterland and the Glass House Mountains
· An hours drive to Brisbane including the Domestic and International Airports
Listing description written by Donna Sheen, Ray White Caloundra — reproduced as published, not verified by Districts.
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