17/42 Pelican Waters Boulevard, Pelican Waters, QLD 4551 sold on 17 January 2025 | OnTheHouse
SOLD
Sold on 17 Jan 2025 for $740,000

17/42 Pelican Waters Boulevard
Pelican Waters QLD 4551

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 124m2
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Property Details for 17/42 Pelican Waters Bvd, Pelican Waters

17/42 Pelican Waters Bvd, Pelican Waters is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a floor size of 124m2. While the property is not currently for sale or for rent, it was last sold in January 2025. There are other 2 bedroom Unit sold in Pelican Waters in the last 12 months.

Building Type
Unit
Floor Size
124m2

Last Listing description (January 2025)

Join the many residents that call "Karmawaters" Home and move into it in July 2025 or offer the existing tenants a new lease and make there 2025 a happy one!.

This First Level Apartment in the sought after "Karmawaters" complex is located in the heart of Pelican Waters.

Current tenants have been resident at the "Karmawaters" complex for a number of years and treat the apartment like their home. They love the relaxed nature of their home, with lovely peaceful views over parklands, a great complex pool and a wonderful BBQ area. The community feel is enjoyed by the existing residents and is something that new residents will come to love.

"Karmawaters" is a secure access complex both into the units and also the car park. Pelican Waters Shopping Centre and Tavern are but 2 minutes walk from your front door. The new marina with its extensive walkways, new shops, restaurants and cafe's have added to the lifestyle of this wonderful residential location. With public transport into the shopping centre, plus availability of medical and other professional services within walking distance of "Karmawaters", this property has a lot to offer for the busy working families or the relaxed retirees.

Some Facts About "Karmawaters"

• 3 levels containing 27 Apartments
• Lift access from carpark to each of the 3 levels
• Car space and storage cage located in the secured under cover carpark
• Private Balcony to enjoy your relaxation time
• Pool and BBQ area for all to enjoy
• Lovely gardens for all to enjoy
• Centralised Hot Water supply

About Unit 17

• Tenants in lease until 11/07/2025
• Current Lease negotiated in July 2025 at $550pw
• Tenants are happy to negotiate an increase rent to remain for another year
• Kitchen and floor updated in past couple of years
• Protected Balcony provides excellent outdoor living
• One Car Space in secured carpark
• Body Corporate Levies period 1/8/24 to 31/7/25 are $9,501.79

Property History for 17/42 Pelican Waters Bvd, Pelican Waters, QLD 4551

A timeline of how this property has performed in the market
Last Sold
$740,000
17 Jan 2025
Listed for Rent
$550/w
13 Jun 2023
  • 10 Jan 2025
    Sold for $740,000
  • 27 Aug 2024
    Listed for Sale Offers Over $735,000
  • 13 Jun 2023
    Listed for Rent $550 / week
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About Pelican Waters 4551

The size of Pelican Waters is approximately 8.4 square kilometres. It has 15 parks covering nearly 17.6% of 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 3,788 properties. Over the last 5 years, Houses in Pelican Waters have seen a 92.45% increase in median value, while Units have seen a 93.50% increase. As at 31 October 2025:

  • The median value for Houses in Pelican Waters is $1,559,848 while the median value for Units is $1,037,964.
  • Houses have a median rent of $900 while Units have a median rent of $698.
There are currently 23 properties listed for sale, and 11 properties listed for rent in Pelican waters on OnTheHouse. According to Cotality's data, 227 properties were sold in the past 12 months in Pelican waters.

Suburb Insights for Pelican Waters 4551

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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.