OFF MARKET

226/38 Mahogany Drive
Pelican Waters QLD 4551

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 103m2
Land area: 109m2
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Property Details for 226/38 Mahogany Dr, Pelican Waters

226/38 Mahogany Dr, Pelican Waters is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2005. The property has a land size of 109m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
Unit
Year Built
2005
Floor Size
103m2
Land Size
109m2
Local Government
Sunshine Coast Regional
Lot/Plan
215/SP168156

Last Listing description (November 2015)

This ideally positioned two bedroom unit is overlooking the first tee of the Greg Norman designed Pelican Waters Golf Course. Investors are offered two potential income streams - a one bedroom, self contained short stay apartment with kitchenette and ensuite, and a second conventional hotel suite each with private balcony to the north.
. Functional furniture package included in purchase price
. Relaxing views to the pool area, lake and fairway

. Conference facilities, restaurant, hotel lobby bar and lounge
. Golf - swimming - tennis - dining - relaxation

Property History for 226/38 Mahogany Dr, Pelican Waters, QLD 4551

A timeline of how this property has performed in the market
Last Sold
$325,000
02 Dec 2021
  • 02 Dec 2021
    Sold for $325,000
  • 28 Jul 2013
    Listed for Sale Not Disclosed
  • 22 Feb 2008
    Listed for Sale $535,000
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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 2011 was 5,046 people. By 2016 the population was 6,278 showing a population growth of 24.4% 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 2011, 82.2% of the homes in Pelican Waters were owner-occupied compared with 82.7% in 2016.

Pelican Waters has 3,714 properties. Over the last 5 years, Houses in Pelican Waters have seen a 81.45% increase in median value, while Units have seen a 84.44% increase. As at 31 October 2024:

  • The median value for Houses in Pelican Waters is $1,402,089 while the median value for Units is $896,684.
  • Houses have a median rent of $900 while Units have a median rent of $540.
There are currently 76 properties listed for sale, and 6 properties listed for rent in Pelican waters on OnTheHouse. According to CoreLogic's data, 204 properties were sold in the past 12 months in Pelican waters.

Suburb Insights for Pelican Waters 4551

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.