OFF MARKET

416/38 Mahogany Drive
Pelican Waters QLD 4551

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 83m2
Land area: 103m2
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Property Details for 416/38 Mahogany Dr, Pelican Waters

416/38 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 103m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in July 2021.

Building Type
Unit
Year Built
2006
Floor Size
83m2
Land Size
103m2
Local Government
Sunshine Coast Regional
Lot/Plan
410/SP168156

Last Listing description (November 2009)

LUXURY DUAL KEY UNITS - 2 FOR THE PRICE OF 1
TO BE SOLD AS A PACKAGE, THESE ADJOINING UNITS ON THE 4TH FLOOR HAVE VIEWS OVER THE GREG NORMAN DESIGNED GOLF COURSE AND CALOUNDRA. BOTH UNITS ARE FULLY FURNISHED. THERE IS A ONE BEDROOM SELF CONTAINED UNIT WHICH WOULD BE PERFECT TO LIVE IN, WHILE THE OTHER UNIT CAN SLEEP 4 AND IS IDEAL TO RENT OUT OR CATER FOR THE KIDS ON THE WEEKEND. THE CHOICE IS YOURS. YOU CAN RELAX OR ENJOY THE MANY FACILITIES ON OFFER, INCLUDING GOLF, TENNIS, TWO LARGE POOLS, HEALTH CLUB, SPA AND SAUNA.

PRICED AT $489,000, THESE DUAL KEY UNITS REPRESENT GREAT VALUE FOR THE ASTUTE INVESTOR.
ADDITIONAL FEATURE - FLAT CONTOUR; NORTH ASPECT; WATER VIEWS; WATERFRONT ASPECT; PUBLIC TRANSPORT: CLOSE BY; BBQ; SPA.

Property History for 416/38 Mahogany Dr, Pelican Waters, QLD 4551

A timeline of how this property has performed in the market
Last Sold
$340,000
27 Jul 2021
  • 27 Jul 2021
    Sold for $340,000
  • 13 Jul 2017
    Listed for Sale OFFERS OVER $299,000
  • 25 Jul 2008
    Listed for Sale $489,000
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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 3,713 properties. Over the last 5 years, Houses in Pelican Waters have seen a 89.55% increase in median value, while Units have seen a 109.24% increase. As at 31 January 2025:

  • The median value for Houses in Pelican Waters is $1,449,269 while the median value for Units is $994,724.
  • Houses have a median rent of $900 while Units have a median rent of $665.
There are currently 45 properties listed for sale, and 5 properties listed for rent in Pelican waters on OnTheHouse. According to CoreLogic's data, 224 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.