1503/18 Spitfire Banks Dr, Pelican Waters, QLD 4551 | Property Value & History | OnTheHouse
OFF MARKET

Spitfire Banks Drive
Pelican Waters QLD 4551

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
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Property Details for 1503/18 Spitfire Banks Dr, Pelican Waters

1503/18 Spitfire Banks Dr, Pelican Waters is a 4 bedroom, 2 bathroom Unit with 4 parking spaces and was built in 2023. While the property is not currently for sale or for rent, it was last sold in July 2025.

Building Type
Unit
Year Built
2023
Local Government
Sunshine Coast Regional
Lot/Plan
1503/SP320533

Last Listing description (July 2025)

Architectural Designed, Effortless, Elegant and Exclusive

This elegant Architectural residence, built in late 2023, Corsica located in The Cove Pelican Waters newest master-planned exclusive residential enclave offers a luxury coastal lifestyle of the very highest calibre with access to first-class resort-style facilities, just a short walk to the shopping village and marina.

Across the residence comprises of open plan family and dining area, three bedrooms, two fully tiled bathrooms plus powder room, two separate living areas, ample storage, ultra-stylish kitchen with quality appliances, high ceilings, covered terrace with sweeping views, and 4 lock up garage with storage facilities.

Inspired by the timeless appeal of traditional Queenslander architecture, The Cove Corsica showcases spacious outdoor entertainment areas for common use. These features not only shield residents from the elements but also welcome natural light, cool breezes, and picturesque views. A distinctive highlight of the project is the use of KLAY brick slips in the outdoor spacesan elegant choice that perfectly balances the design aesthetic with the functional needs of coastal living.

OGE Group Architects initially planned to use a full brick facade, but the need for a lighter alternative led them to choose KLAYs Prachstein series in Ivory Mist. Known as brick slips, these thin bricks are made from the same raw materials as traditional bricks and are kiln-fired at similar temperatures, preserving the look and durability of classic brickwork. Manufactured in Germany by a company with over 130 years of experience, this premium material delivers a modern facade that complements the overall design and offers exceptional weather resistance.

Premium fixtures and fittings are showcased throughout and include ducted air-conditioning, open plan living and dining area with high sliding doors, 60mm stone kitchen / island bench, stone bench in all wet areas, floor to ceilings tiling, soft close cabinetry, wool carpets, 3,000mm high ceilings, square set cornices throughout, timber floors, brushed nickel tapware in bathrooms, and audio-video security system.

At 243m2 it is the perfect size for a couple or small family and is also an easy property to lock and leave when off travelling, so could very well suit the downsizer seeking low maintenance living in a prime lifestyle locale. It couldnt be more effortless; this indeed is the good life in every sense.

Positioned in Corsica one of the enclaves within The Cove, residents and guests have access to onsite facilities including stunning sundrenched resort-pool with expansive sunbathing terrace, lush manicured gardens, and a waterfront village green. The complex is secure and exclusive, with the very finest standards in design, construction, and amenities.

From here you can stroll across to Pelican Waters Shopping Village for shopping and dining, enjoy a meal at the tavern, berth your boat at the marina, and walk or cycle along kilometres of interconnecting pathways. The Greg Norman designed golf course is just a five minute drive, and its less than 10 minutes to Caloundra CBD and beautiful patrolled beaches. Did someone say lifestyle?

If any (or all) of the above is resonating with you, then this is your opportunity to secure your slice of not only Pelican Waters most exciting new community but a giant leap forward into living your very best life.

Summary of Features:

- Elegant residence in The Cove exclusive master-planned community
- 3 bedrooms, 2 fully tiled bathrooms, powder room
- 2 living areas, well-designed floor plan good separation between all bedrooms
- Stylish kitchen with quality appliances, stone benches & soft-close cabinetry
- Private terrace accessed from living & master bedroom with northern water views
- 3,000mm high ceilings, ducted air-conditioning, premium fixtures/fittings
- 4 x garage with storage & laundry facilities, onsite visitor parking within complex
- Resort style facilities incl: stunning pool & terrace & waterfront village green
- Short walk to Pelican Waters Shopping Village, marina, tavern, and parks
- 5 minutes to golf, less than 10 mins to Caloundra CBD & patrolled beaches
- 20 mins to major public & private hospitals, 65 mins to Brisbane Airport

Property History for 1503/18 Spitfire Banks Dr, Pelican Waters, QLD 4551

A timeline of how this property has performed in the market
Last Sold
$2,400,000
16 Jul 2025
  • 24 Jul 2025
    Sold for $2,400,000
  • 17 Apr 2025
    Listed for Sale UNDER CONTRACT
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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 3,792 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 37 properties listed for sale, and 6 properties listed for rent in Pelican waters on OnTheHouse. According to Cotality's data, 197 properties were sold in the past 12 months in Pelican waters.

Suburb Insights for Pelican Waters 4551

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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.