Pelican Waters
Suburb profile, market snapshot and recent listings for Pelican Waters, QLD 4551.
About Pelican Waters
Welcome to Pelican Waters
Pelican Waters sits on the Sunshine Coast, just south of Caloundra, where a network of canals and a championship golf course have shaped one of the region's most distinctive residential communities. Built largely around waterways that lead out to the Pumicestone Passage, the suburb has become known for its resort-style feel, with many homes offering direct boat access from the back garden.
With a population of 7,393 and a median age of 55, Pelican Waters attracts a mix of downsizers, retirees and families drawn to the water lifestyle, alongside professionals who've made the move up from Brisbane. It sits close to Golden Beach, Caloundra West, Baringa and Bells Creek, giving residents easy access to the wider Caloundra shopping and dining scene while still enjoying a quieter, master-planned setting of their own.
Lifestyle & dining
Life in Pelican Waters revolves around the water. Kayaking, paddleboarding and boating are part of everyday routine for many residents, and the canal network means a large share of properties come with their own pontoon. The Pelican Waters Golf Club, designed by Greg Norman, is a focal point for the suburb, drawing both locals and visitors and anchoring a clubhouse scene that doubles as a social hub.
For dining and cafes beyond the golf club, residents typically head into nearby Caloundra or across to Golden Beach, both a short drive away, where the beachfront strips offer a broader spread of restaurants, bakeries and takeaway spots. The proximity to these established Caloundra precincts means Pelican Waters residents get the calm of a canal suburb without giving up access to a proper night-out scene.
Shopping
Pelican Waters itself is more residential than retail, so day-to-day shopping tends to happen in surrounding suburbs. Baringa's town centre has grown quickly and now offers a supermarket-anchored shopping precinct within easy reach, while Caloundra's Bulcock Street and the Sunshine Coast's broader retail centres provide larger-format shopping, fashion and speciality stores for bigger trips.
Getting around
Being on the southern edge of Caloundra, Pelican Waters is well placed for road trips north and south along the Sunshine Coast. The Bruce Highway and the Sunshine Motorway are both accessible via Caloundra Road, making runs up to Maroochydore or down towards Brisbane relatively straightforward. There's no train line directly through the suburb, so most residents rely on cars, with bus services connecting through to Caloundra and the wider Sunshine Coast network for those without one.
Schools & families
Families in the area have access to Caloundra City Private School, which serves the local community along with families from Golden Beach, Bells Creek and Caloundra West. The suburb's median age of 55 points to a resident base weighted more towards retirees and empty-nesters than young families, though the ongoing growth of neighbouring Baringa and Bells Creek is gradually bringing more schooling options and younger households into the broader precinct.
Parks & recreation
Beyond the golf course, Pelican Waters offers waterfront parks and walking paths that trace the canal edges, along with direct access to the Pumicestone Passage for fishing and boating. Golden Beach, just next door, adds a proper surf and swimming beach to the mix, while the passage itself is popular with anglers and those who enjoy paddling out towards Bribie Island.
The property market
Pelican Waters commands premium prices reflective of its waterside setting, with a median house price of $1.45 million and units and apartments sitting at a median of $1.20 million. Median rent across the suburb is $970 a week, underlining the strong demand for what is a relatively tightly held stretch of canal-front and golf-course property.
House prices have grown 4.5% recently, continuing a trend that's made Pelican Waters one of the pricier pockets of the Sunshine Coast hinterland-to-coast corridor. Current listings are dominated by houses, at 84% of stock, with apartments and units making up 10% and townhouses just 6%, reinforcing the suburb's identity as a low-density, house-and-land style market rather than one built around unit towers or medium-density living.
Market snapshot
Pelican Waters property market
Median sale price
$1.45m
House · 4 bed
Median rent
$970
per week
Gross rental yield
3.5%
annual rent ÷ sale price
Typical price range
Entry
$1.16m
Median
$1.45m
Premium
$2.80m
Days on market
28
Auction clearance
0%
Sold this year
116
Median sold price trend · House 4 bed
Compound growth +4.4% / yr over 4 yrs
Median price by bedrooms · House
Property types on market
Share of current listings in Pelican Waters by dwelling type.
Who lives here
Demographics
ABS Census 2021 figures for Pelican Waters, QLD 4551.
Population
7,393
residents (2021)
Median age
55
years
Household income
$1,552
median, per week
Median rent
$540
per week
Median mortgage
$2,200
per month
Mortgage / income
33%
stretched (>30%)
Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.
Education
Schools in Pelican Waters
Independent & Catholic schools
Recent results
Recently sold in Pelican Waters
$2.75m
85 Coral Sea Drive
Sold ~July 2026
$1.35m
31 Cato Drive
Sold ~July 2026
$455k
434/38 Mahogany Drive
Sold ~July 2026
$1.75m
113 Mahogany Drive
Sold ~July 2026
$1.74m
15 Wategos Circuit
Sold ~July 2026
$1.45m
7 Matthew Crescent
Sold ~July 2026
$1.68m
48 Whitehaven Way
Sold ~June 2026
$1.68m
6 Edlundh Court
Sold ~June 2026
Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.
Explore the area
Properties & amenities in Pelican Waters
Compare the area
Price map around Pelican Waters
Every listing for sale near Pelican Waters, coloured by price — so you can see how it stacks up against the streets and suburbs next door.
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Common questions
Pelican Waters suburb FAQ
What is the median property price in Pelican Waters?
The median house price in Pelican Waters, QLD is $1.45m for a 4-bedroom home. Over the past year, median sold prices have risen about 4.5%.
How much is rent in Pelican Waters?
The median weekly rent in Pelican Waters is around $970 per week.
Is Pelican Waters a good place to live?
Pelican Waters is a suburb of Caloundra in the Sunshine Coast Region, Queensland, Australia. Pelican Waters is an established residential suburb in QLD, with a population of around 7,393 and 1 school in the area.
What is the population of Pelican Waters?
Pelican Waters has a population of 7,393 (ABS 2021 Census), with a median age of 55.
What schools are in Pelican Waters?
There is 1 school in or near Pelican Waters, including Caloundra City Private School.
How long do homes take to sell in Pelican Waters?
Properties in Pelican Waters take around 28 days to sell on average, with an auction clearance rate of about 0%.
How much do you need to buy in Pelican Waters?
Entry-level properties in Pelican Waters start around $1.16m, while premium homes reach $2.80m.
What suburbs are near Pelican Waters?
Suburbs near Pelican Waters include Waters, Golden Beach, Baringa, Caloundra West and Bells Creek.
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