410/38 Mahogany DrivePelican Waters QLD 4551
Property Details for 410/38 Mahogany Dr, Pelican Waters
410/38 Mahogany Dr, Pelican Waters is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2006. The property has a land size of 134m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in March 2021.
Last Listing description (March 2021)
The apartment on offer consists of a self-contained studio and an adjacent motel suite. This configuration enables an investor the ability to acquire a dual income. The apartments can be rented singularly or as a whole package.
- Complex situated in the heart of a Golf precinct
- Provides for short term occupancy
- Incredible views and breezes
- Complex facilities include a restaurant, spa, gymnasium, hair salon, resort
style pool and tennis court
- Secure undercover parking
- Golf clubhouse adjacent to complex
Property History for 410/38 Mahogany Dr, Pelican Waters, QLD 4551
- 05 Mar 2021Sold for $340,000
- 23 Nov 2020Listed for Sale $350,000
- 08 Sep 2018Sold for $299,000
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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 3,715 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.
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