I live in Glenview and my children go to Unity College in the Belvista Estate, which is Caloundra West, and the bus comes out here. Glenview is small to large acreage, my kids love the room to run around. Depends whether you want a peaceful lifestyle or you want to be around people. :)
If you want to be close to the beach than Dickys Beach or Currimundi are perfect. If you would like to be a bit more set back, yet still a stones throw to the beach, somewhere like Aroona has some big family homes. There is also a little bit of land that opened up in Aroona if you are considering a build any time soon. Ocean views one side and forest views the other if you can pick up the right block! Most blocks around 600-800sqm.
Pelican Waters has a great school- Caloundra City Private School. There's a great website with lots of information on the entire Pelican Waters area: http://www.pelicanwaters.com/education.php Caloundra area has a huge range of housing for everybody from large waterfront canal properties to very reasonably sized suburban homes.