OFF MARKET

313/38 Mahogany Drive
Pelican Waters QLD 4551

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 103m2
Land area: 106m2
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Last updated 18 Nov 2024
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Property Details for 313/38 Mahogany Dr, Pelican Waters

313/38 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 106m2 and floor size of 103m2.

Building Type
Unit
Year Built
2005
Floor Size
103m2
Land Size
106m2
Local Government
Sunshine Coast Regional

Last Listing description (July 2018)

This lifestyle investment will give you the opportunity to enjoy weekend golf breaks on the coast without leaving you hurting in the pocket. Dual key units typically offer you the chance to secure two rental incomes, rather than one. And with demonstrated rental income, newly installed furniture package, and the famous Greg Norman designed golf course next door, what are you waiting for? ~ Unit 312 is a one bed, one bath unit with kitchenette ~ Unit 313 offers twin queen beds plus bathroom ~ Both offer north facing views over the pool and golf course ~ Complex has two pools, bar, restaurant, gym, tennis courts and BBQ area ~ Unit is sold fully furnished. Can be let through onsite manager/independently RATES:$2, 500 per annum (approx.) Quote this reference when enquiring on this property:PELI312 (If this property is being sold by Auction or without a price, a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.)

Property History for 313/38 Mahogany Dr, Pelican Waters, QLD 4551

A timeline of how this property has performed in the market
  • 03 Mar 2018
    Listed for Sale OFFERS OVER $265,000

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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 7 properties listed for rent in Pelican waters on OnTheHouse. According to CoreLogic's data, 207 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.