32 Wallaby Circuit, Pelican Waters QLD 4551

Pelican Waters’ demand is driven by its canal-side lifestyle, the newly opened marina and Dockside Village retail/dining precinct that appeal to downsizers, families and lifestyle buyers. Growth opportunities include the release of the final waterfront lots and proposed marina-village apartments, while risks remain coastal storm/cyclone exposure and the need to check flood mapping and insurance plus the potential for local supply from new developments. Prices have been broadly steady to slightly up over the last six months, with median houses around $1.4–1.45M and modest annual growth of about 5–6%, suggesting a cautious but positive outlook for capital growth.