1502/18 Spitfire Banks Dr, Pelican Waters, QLD 4551 | Property Value & History | OnTheHouse
FOR SALE

Spitfire Banks Drive
Pelican Waters QLD 4551

Bedrooms: 2
Bathrooms: 2
Car spaces: 3
Save

Property Details for 1502/18 Spitfire Banks Dr, Pelican Waters

1502/18 Spitfire Banks Dr, Pelican Waters is a 2 bedroom, 2 bathroom Unit with 3 parking spaces.This Property is currently listed for sale with Town Pty Ltd

Building Type
Unit
Local Government
Sunshine Coast Regional
Lot/Plan
1502/SP320533

Last Listing description (July 2026)

North Facing Sub-Penthouse | Waterfront Luxury at The Cove

Positioned within the prestigious Corsica collection at The Cove, this exceptional sub penthouse apartment delivers an enviable lifestyle where contemporary luxury meets the relaxed beauty of Pelican Waters. Overlooking the sparkling waterways and marina precinct, this architecturally designed residence combines generous proportions, premium finishes and seamless indoor-outdoor living, all within walking distance of cafs, restaurants, shopping, parks and the marina.

Designed to maximise natural light and the picturesque outlook, the spacious floor plan spans approximately 187m and features two generous bedrooms, two beautifully appointed bathrooms, an expansive open plan living and dining zone, a designer kitchen with walk-in pantry, separate laundry and an oversized covered terrace that effortlessly extends the living space outdoors. Secure basement parking for three vehicles and lift access complete this premium offering.

3000mm ceilings with modern square set finishes, ducted air-conditioning, ceiling fans, high-end integrated appliances, soft-close cabinetry, brushed nickel tapware, natural stone benchtops, a hot and cold Zip tap, sheer curtains to the sliding doors, block-out blinds in the master suite, 100% wool loop-pile carpet with premium underlay, imported Italian tiles and a comprehensive audio-visual security system.

Every detail has been thoughtfully considered to create a residence of timeless elegance. American Oak timber flooring flows throughout the living spaces, complemented by bespoke cabinetry and a sophisticated neutral palette. At the heart of the home, the gourmet kitchen is both functional and striking, featuring an oversized island bench, premium integrated appliances, extensive storage and a fully appointed walk-in pantry, making everyday living and entertaining effortless.

The master suite is a private retreat, opening directly onto the terrace to capture tranquil water views and cooling coastal breezes. A luxurious ensuite features floor-to-ceiling tiling, double vanity, oversized walk-in shower and refined brushed metal finishes, while the second bedroom is generously proportioned and serviced by an equally impressive main bathroom.

The expansive terrace is undoubtedly one of the home's defining features. Whether enjoying your morning coffee overlooking the waterways, entertaining family and friends or unwinding with a sunset drink, this generous outdoor space offers a spectacular backdrop across the marina, parklands and beyond towards the Sunshine Coast skyline.

Completed in 2024, Corsica has quickly established itself as one of Pelican Waters most desirable residential addresses. Residents enjoy exclusive access to beautifully maintained resort-style facilities including a heated saltwater swimming pool, landscaped gardens and communal spaces, while the vibrant marina precinct is just moments away.

With beaches, championship golf, local schools, shopping, dining and the Caloundra CBD all within easy reach, this is an exceptional opportunity to secure a luxurious low-maintenance residence in one of the Sunshine Coast's fastest growing waterfront communities.

Move straight in and experience the effortless lifestyle only The Cove can offer.

Summary of Features:

- 187m2 north facing sub-penthouse in architecturally designed Corsica building
- 2 bedrooms, 2.5 fully tiled bathrooms, elegant galley kitchen with butlers pantry
- Expansive open plan living and dining flowing seamlessly outdoors
- Oversized covered entertaining terrace with water views
- Premium kitchen with stone island, walk-in pantry and integrated appliances
- 900mm induction cooktop, 600mm pyrolytic oven, integrated refrigerator, dishwasher, microwave
- Vintec wine fridge and Zip filtered water tap
- Storage + 3-car basement parking, AV security system to residence, direct lift access
- 3000mm ceilings with square set cornices, natural stone benches, Bosch integrated appliances
- Full use of resort facilities including sun drenched heated saltwater 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 in immaculate, near-new condition

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 1502/18 Spitfire Banks Dr, Pelican Waters, QLD 4551

A timeline of how this property has performed in the market
Last Sold
$997,130
30 Mar 2021
  • 28 Jul 2026
    Listed for Sale FOR SALE
  • 19 Jul 2024
    Listed for Rent $995 per week - Penthouse Luxury Apartment!
  • 12 Jun 2024
    Listed for Sale Offers Over $1,525,000
Commute Calculator

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 3,865 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 44 properties listed for sale, and 5 properties listed for rent in Pelican waters on OnTheHouse. According to Cotality's data, 185 properties were sold in the past 12 months in Pelican waters.

Suburb Insights for Pelican Waters 4551

Market Insights
Pelican Waters Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Pelican Waters Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.