Pelican Waters: The Sunshine Coast suburb with a 'magnetic allure'

In the heart of Caloundra, where Queensland’s long summers and timid winters hold sway, Pelican Waters unfolds as an 810-hectare master-planned waterside enclave.

Since its humble beginnings in 1989, what was once a quiet area has flourished into one of Queensland’s fastest-growing lifestyle destinations.

Through mindful expansion, residents now enjoy top-tier facilities, including a multimillion-dollar marina, a Greg Norman-designed golf course, and an extensive network of canals and green spaces.

Rising tide of real estate

Linda Feltman of Henzells Agency says its waterfront mansions, trendy terraces and expansive sites attract a varied clientele, including retirees, young families and professional couples looking for luxury and convenience.

“The sale of around 3000 residential lots since its inception mirrors the suburb’s magnetic allure,” Feltman says.

“Investing in Pelican Waters offers the exclusive chance to own a piece of waterfront paradise, complete with private marina berths that grant an unmatched gateway to some of the state’s most treasured waterways.”

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She points out the dwindling availability of waterfront properties in south-east Queensland, which fuels the growing demand for Pelican Waters.

The latest Domain House Price Report underscores this trend, noting a median property price of $1.26 million – a staggering 66.1 per cent increase over the past five years.

“Affirming its status as one of the Sunshine Coast’s real-estate hotspots, Pelican Waters properties have an average hold time of 7.7 years,” Feltman adds.

“Further amplifying this is an influx of interstate and international buyers, from locales as distant as Dubai and Canada.”

A berth of fresh air

Since its grand opening in mid-2023, the $16 million Pelican Waters Marina has become a cornerstone of the community.

“This marks the only new marina infrastructure built on the Sunshine Coast for many years, and a welcomed one at that,” says Les Binkin, a visionary in marina design and a pivotal figure behind the facility.

“Boasting 127 floating wet berths, a 160-slot dry stack storage, fuel services and mixed marine facilities, including an upcoming waterfront dining spot, the marina is a testament to the area’s flourishing spirit.”

Binkin’s ties to the area run deep, shaped by four decades of holidaying on the Sunshine Coast and, more recently, a decade dedicated to the marina’s development.

“For me, there’s nothing like cruising the Pumicestone Passage, with its proximity to Moreton Island and snorkelling over the Tangalooma shipwrecks, or coasting the canals of Pelican Waters, inspecting magnificent homes,” he says.

“The coastal walking paths to Caloundra are equally beautiful, [with] many restaurants and cafes along the way.”

For sale in Pelican Waters

INTEREST OVER $5.5 MILLION

26 North Point Crescent, Pelican Waters QLD 4551

5

5

5

View property

Price guide: $5 million-$6 million
Agent: Henzells Agency, Linda Feltman 0412 805 362

Gracing a large corner lot with over 30 metres of water frontage, this modern marvel exudes grandeur, from its vast entrance void and five king-size suites with lavish bathrooms to its outdoor kitchen, suspended pool, 12-person spa and private pontoon.