Pelican Waters property insights

Research current Pelican Waters listings with estimated value ranges, comparable sales, confidence scores, and suburb-level market trends before you inspect or make an offer. Signals are indicative, based on available listing and sales data, and are not a formal valuation.

Overall suburb snapshot

Active listings

30

Median asking price

$1,437,500

Median estimated price

$2,159,062

Potential under-market signals

10

Comparable sales analysed

29

Houses

Houses active

27

Median asking price

$1,675,000

Median estimated price

$2,154,900

Typical bedrooms

4

Typical bathrooms

3

Typical land size

770 m²

Units & apartments

Units & apartments active

3

Median asking price

$1,200,000

Median estimated price

$2,807,727

Typical bedrooms

3

Typical bathrooms

2

Typical car spaces

3

Before you inspect, check the comparable sales

RealistIQ compares listings against available nearby sales and property characteristics to help you judge whether the asking price looks reasonable.

Comparable sales analysed: 29Typical coverage: 1 comparable sale per listingListings with evidence: up to 30
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Current listings in this suburb

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Top houses in Pelican Waters

Ranked using available RealistIQ signals, comparable-sales evidence, price data, confidence, and listing completeness.

6 Edlundh Court, Pelican Waters

6 Edlundh Court, Pelican Waters

5 bed · 2 bath · 4 car · 1,091 m²

Asking: $1,675,000

RealistIQ estimated range: $1,349,572 - $2,976,874

Confidence: Low

Signal: Potentially under market

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8 Parsons Close, Pelican Waters

8 Parsons Close, Pelican Waters

5 bed · 4 bath · 3 car · 896 m²

Asking: Offers over $1,699,000

RealistIQ estimated range: $1,749,920 - $3,859,958

Confidence: Low

Signal: Strong

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113 Mahogany Drive, Pelican Waters

113 Mahogany Drive, Pelican Waters

4 bed · 3 bath · 2 car · 785 m²

Asking: Offers Over $1,750,000

RealistIQ estimated range: $1,595,301 - $3,518,901

Confidence: Low

Signal: Strong

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3 Tripcony Court, Pelican Waters

3 Tripcony Court, Pelican Waters

4 bed · 2 bath · 5 car · 957 m²

Asking: OFFERS IN THE HIGH $1 MILLIONS

RealistIQ estimated range: $1,199,389 - $2,348,492

Confidence: Low

Signal: Strong

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4 Condamine Court, Pelican Waters

4 Condamine Court, Pelican Waters

4 bed · 3 bath · 2 car · 400 m²

Asking: OFFERS FROM $1,650,000

RealistIQ estimated range: $1,659,889 - $3,661,368

Confidence: Low

Signal: Strong

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1 Wallum Close, Pelican Waters

1 Wallum Close, Pelican Waters

5 bed · 3 bath · 3 car · 754 m²

Asking: Offers Over $1,575,000

RealistIQ estimated range: $1,336,139 - $2,947,244

Confidence: Low

Signal: Potentially under market

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11 Sylvie Street, Pelican Waters

11 Sylvie Street, Pelican Waters

5 bed · 3 bath · 4 car · 750 m²

Asking: OFFERS OVER $1,595,000

RealistIQ estimated range: $1,322,524 - $2,917,212

Confidence: Low

Signal: Potentially under market

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54 Westholme Circuit, Pelican Waters

54 Westholme Circuit, Pelican Waters

5 bed · 4 bath · 5 car · 810 m²

Asking: Buyers In The $4 Millions

RealistIQ estimated range: $2,638,394 - $7,742,509

Confidence: Low

Signal: Potentially under market

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32 Wallaby Circuit, Pelican Waters

32 Wallaby Circuit, Pelican Waters

4 bed · 2 bath · 2 car · 1,009 m²

Asking: OFFERS OVER $1,600,000

RealistIQ estimated range: $1,246,643 - $2,749,836

Confidence: Low

Signal: Potentially under market

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9 Wallaby Circuit, Pelican Waters

9 Wallaby Circuit, Pelican Waters

5 bed · 3 bath · 3 car · 1,025 m²

Asking: OFFERS OVER $1,850,000

RealistIQ estimated range: $1,344,380 - $2,965,421

Confidence: Low

Signal: Worth checking

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11 Stirling Castle Court, Pelican Waters

11 Stirling Castle Court, Pelican Waters

5 bed · 4 bath · 3 car · 902 m²

Asking: Offers over $3,150,000

RealistIQ estimated range: $1,778,102 - $5,284,812

Confidence: Low

Signal: Worth checking

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31 Cato Drive, Pelican Waters

31 Cato Drive, Pelican Waters

3 bed · 2 bath · 2 car · 400 m²

Asking: FOR SALE

RealistIQ estimated range: $1,129,916 - $2,320,444

Confidence: Low

Signal: Worth checking

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Top units & apartments in Pelican Waters

Ranked using available RealistIQ signals, comparable-sales evidence, price data, confidence, and listing completeness.

1501/18 Spitfire Banks Drive, Pelican Waters

1501/18 Spitfire Banks Drive, Pelican Waters

3 bed · 2 bath · 3 car

Asking: $2.195M+

RealistIQ estimated range: $2,074,700 - $3,540,755

Confidence: Low

Signal: Strong

View property insights
Unit 705/38 Mahogany Drive, Pelican Waters

Unit 705/38 Mahogany Drive, Pelican Waters

2 bed · 2 bath · 2 car

Asking: $1,200,000

RealistIQ estimated range: $655,679 - $1,119,004

Confidence: Low

Signal: Near estimate

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2403/18 Spitfire Banks Drive, Pelican Waters

2403/18 Spitfire Banks Drive, Pelican Waters

3 bed · 2 bath · 3 car

Asking: FOR SALE

RealistIQ estimated range: $2,083,418 - $3,702,602

Confidence: Low

Signal: Worth checking

View property insights
View all units & apartments in Pelican Waters

See the numbers behind the listing

Create a free RealistIQ account to access property value signals, comparable sales, suburb trends, and research tools before you inspect or make an offer.

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Comparable sales in Pelican Waters

Before you inspect, check what similar properties actually sold for.

Comparable-sales coverage varies by listing. Some properties have stronger recent-sales evidence than others, so check each listing's confidence and comparable-sales detail before relying on the signal.

Comparable sales analysed: 29Typical coverage: 1 comparable sale per listingListings with evidence: up to 30
Create a free account to view full comparable sales

Suburb trend notes

Median values can move as the mix of properties listed changes. Estimates shown here are research signals, not formal valuations, and should be reviewed alongside property condition, renovation quality, flood exposure, street position, and professional advice.

Last suburb data refresh: 2026-05-05.

How to use this page

Use this page to shortlist properties, compare asking prices against recent sales, and identify listings that may deserve closer inspection. RealistIQ estimates are designed as research signals, not formal valuations.

  1. Compare the asking price with the RealistIQ estimate range.
  2. Check confidence and comparable sales coverage.
  3. Inspect the property and confirm condition, flood risk, renovation quality, and street-level factors.

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