1501/18 Spitfire Banks Dr, Pelican Waters, QLD 4551 | Property Value & History | OnTheHouse
OFF MARKET

Spitfire Banks Drive
Pelican Waters QLD 4551

Bedrooms: 3
Bathrooms: 2
Car spaces: 3
Land area: 249m2
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Last updated 17 Aug 2026
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Property Details for 1501/18 Spitfire Banks Dr, Pelican Waters

1501/18 Spitfire Banks Dr, Pelican Waters is a 3 bedroom, 2 bathroom Unit with 3 parking spaces. The property has a land size of 249m2. While the property is not currently for sale or for rent, it was last sold in February 2021.

Building Type
Unit
Land Size
249m2
Local Government
Sunshine Coast Regional
Lot/Plan
1501/SP320533

Last Listing description (August 2026)

Invest in a lifestyle of curated luxury and sophistication with the purchase of this north-facing sub-penthouse in the architecturally designed Corsica building within The Cove a prestigious development in the heart of Pelican Waters just a short stroll to parks, marina, shopping, beaches and dining.

Across 246 square metres this light-filled apartment comprises three bedrooms, two fully tiled bathrooms plus powder room, elegant galley kitchen with butlers pantry, open plan living/dining flowing out to expansive wraparound terrace showcasing elevated water and mountain views, second living/media room, laundry, and study; there is also secure basement parking for three vehicles.

3000mm ceilings with modern square set finishes, ducted air-conditioning, ceiling fans, high-end integrated appliances, soft close cabinetry, brushed gold tapware, natural stone benches, hot/cold zip tap, sheer curtains to sliding doors, 100% wool loop pile carpet with premium underlay, imported Italian tiles, and audio-visual security are among the extensive suite of features.

The floor plan offers family-sized living and incorporates seamless integrated indoor/outdoor flow with the main living/dining, and two of the three bedrooms opening directly out to the covered terrace where you can savour glorious sunrises, spectacular sunsets, gentle breezes and a sweeping vista to the north, east, and west to the iconic Glass House Mountains.

Completed in late 2024, the building is one of the regions most striking and desirable, and owner-occupiers of this sub-penthouse have kept it looking shiny and new; it is turnkey ready to move straight into and live an amazing coastal lifestyle so close to stunning beaches, a championship golf course, boutique dining, and Caloundra CBD.

Residents and guests have access to premier resort-style facilities including heated saltwater pool and sunbathing terrace on northern side, manicured gardens including communal vegetable garden, and there is a waterfront playground directly opposite, perfect for the children or grandchildren to enjoy.

Walk across the neighbouring bridge to the marina for shopping and dining; and return home on foot for a drink on your exclusive terrace overlooking the marina and beyond. Local schools are within a 510-minute driving radius, its 20 minutes to major hospitals, 35 minutes to the Sunshine Coast Airport, and 65 minutes to Brisbane International Airport.

Purchase today and look forward to a lifestyle of leisure and pleasure in comfort, style, and privacy. You will want for nothing. This is first-class luxe living at its finest.

Summary of Features:

- 246m2 north facing sub-penthouse in architecturally designed Corsica building
- Part of high-end The Cove waterfront development in the heart of Pelican Waters
- 3 bedrooms, 2.5 fully tiled l bathrooms, elegant galley kitchen with butlers pantry
- 2 separate living areas, wraparound terrace showcasing water & mountain vista
- Light-filled luxury living throughout with high-end fixtures/fittings & elegant dcor
- Storage + 3-car basement parking, AV security system to residence, direct lift access
- 3000mm ceilings with square set cornices, natural stone benches, Bosch appliances
- Italian tiled flooring + 100% wool carpet with premium underlay, ducted A/C, fans
- Full use of resort facilities including sundrenched heated pool & sunbathing terrace
- Short walk to shopping, dining, parks/playgrounds, tavern, and marina to berth boat
- 5 mins to golf, 5-10 mins to school, 10 mins to CBD & stunning patrolled beaches
- Built in (late) 2024, presentation is pristine turnkey ready to unlock your new life

Disclaimer: Whilst every effort has been made to ensure the accuracy of the information contained in this listing, no warranty is given by the vendor or agent as to its accuracy. Interested parties should not rely on this information as a statement or representation of fact and must satisfy themselves by inspection and seek expert advice.

Some images have been digitally enhanced or virtually staged for illustrative purposes only

Property History for 1501/18 Spitfire Banks Dr, Pelican Waters, QLD 4551

A timeline of how this property has performed in the market
Last Sold
$1,362,805
08 Feb 2021
  • 27 Aug 2025
    Listed for Sale FOR SALE
  • 08 Feb 2021
    Sold for $1,362,805
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About Pelican Waters 4551

The size of Pelican Waters is approximately 8.4 square kilometres. There are 15 parks, covering nearly 17.6% of the total area. The population of Pelican Waters in 2016 was 6277 people. By 2021 the population was 7393 showing a population growth of 17.8% in the area during that time. The predominant age group in Pelican Waters is 60-69 years. Households in Pelican Waters are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Pelican Waters work in a professional occupation.In 2021, 85.60% of the homes in Pelican Waters were owner-occupied compared with 82.70% in 2016.

Pelican Waters has 3,820 properties. Over the last 5 years, Houses in Pelican Waters have seen a 57.47% increase in median value, while Units have seen a 91.90% increase. As at 31 July 2026:

  • The median value for Houses in Pelican Waters is $1,675,933 while the median value for Units is $1,172,139.
  • Houses have a median rent of $990 while Units have a median rent of $750.
There are currently 47 properties listed for sale, and 5 properties listed for rent in Pelican waters on OnTheHouse. According to Cotality's data, 188 properties were sold in the past 12 months in Pelican waters.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.