90 Marina View Drive, Pelican Waters QLD 4551
90 Marina View Drive, Pelican Waters QLD 4551
4 bed, 2 bath, 4 car | 315m² build on 380m² land | premium canal precinct | dense footprint, tight lot
This house holds a rare configuration for Marina View Drive: four parking spaces and a 315m² internal footprint on a compact 380m² block. The building-to-land ratio is unusually high, meaning you get substantial living space without the upkeep of a large yard—ideal for buyers prioritising interior volume and canal proximity over outdoor expanse. It sits in a tightly held, premium waterfront pocket where recent turnover has been limited, and the street’s character is defined by quality detached homes rather than high-density stock. The property best serves owner-occupiers seeking a low-maintenance, canal-side lifestyle with strong amenity access—marina, shopping, beaches, and schools all within reach.
The dense footprint may limit outdoor entertaining or future extension potential, and the site’s low-lying canal terrain carries flood overlay considerations that could affect insurance costs. The four-car capacity is a genuine edge over the two-car norm in the street, but the absence of confirmed build year, aspect, and finish level means condition and presentation will likely drive final value more than land alone. Buyers should weigh the premium positioning against the tighter outdoor space and water-related planning factors when forming a price view.
|| Comparable Sales: 39 Marina View Drive sold $1.825M; 49 Marina View Drive sold $1.725M | Property Price Band: $1.7M–$1.8M | Value Drivers: internal footprint, four-car capacity, canal-side location, condition
Detailed Independent Property Report prepared by PropCred Analyst team for 90 Marina View Drive, Pelican Waters QLD 4551
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
Income Risk
Execution Risk
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Market Insight
Pelican Waters is a canal estate in Caloundra West with a mature demographic skew: the dominant 60–69 age cohort, long tenure, and professionals with certificate-level qualifications. Demand is led by retirees and downsizers seeking water access, alongside investors drawn to 5.7–7.8% annual capital growth and gross yields near 4.5–5.1%. Median house price sits at $1.435–$1.4825 million, with houses selling in a median 37 days and 158–182 sales annually; units average $860,000. Population rose 17.78% from 2016, underpinning structural demand. Growth drivers include canal waterfront scarcity, access to the Pacific Motorway and Sunshine Coast Airport, plus a state school catchment rated average with independent options nearby. Key risks: affordability constraints above $1.4M, limited new supply in the established estate, and interest-rate sensitivity for leveraged investors.
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PropCred Estimated Value
Comparable Sales: 39 Marina View Drive sold $1.825M; 49 Marina View Drive sold $1.725M | Property Price Band: $1.7M–$1.8M | Value Drivers: internal footprint, four-car capacity, canal-side location, condition
Bedrooms
4
Bathroom
2
Parking
4
Land
380m²
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