OFF MARKET

422/38 Mahogany Drive
Pelican Waters QLD 4551

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 86m2
Land area: 106m2
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Property Details for 422/38 Mahogany Dr, Pelican Waters

422/38 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 86m2. While the property is not currently for sale or for rent, it was last sold in April 2022.

Building Type
Unit
Year Built
2005
Floor Size
86m2
Land Size
106m2
Local Government
Sunshine Coast Regional
Lot/Plan
413/SP168156

Last Listing description (April 2015)

DUAL KEY - DUAL VALUE
THE ULTIMATE LIFESTYLE PROPERTY INVESTMENT. THIS FOURTH FLOOR, NORTH FACING DUAL KEY APARTMENT OFFERS TWO POTENTIAL INCOMES - A ONE BEDROOM SELF CONTAINED APARTMENT WITH KITCHENETTE AND A SECOND CONVENTION HOTEL SUITE, EACH WITH PRIVATE BALCONY. THIS APARTMENT HAS THE ADDED RENTAL INCENTIVE OF BEING WHEEL CHAIR FRIENDLY.RESORT FACILITIES INCLUDE COMBINED LAP AND LAGOON POOL, 2 TENNIS COURTS, HEALTH CLUB, DAY SPA AND LUXURY CONFERENCE AREAS.IDEALLY LOCATED OVERLOOKING THE ROLLING GREENS AND LAKES OF THE GREG NORMAN DESIGNED GOLF COURSE, WITH SWEEPING VIEWS OF THE SUNSHINE COAST HINTERLAND AND ONLY 10 MINUTES TO THE FABULOUS SWIMMING AND SURFING BEACHES OF CALOUNDRA.QUOTE THIS REFERENCE WHEN ENQUIRING ON THIS PROPERTY: RAMA413(IF THIS PROPERTY IS BEING SOLD BY AUCTION OR WITHOUT A PRICE, A PRICE GUIDE CAN NOT BE PROVIDED. THE WEBSITE MAY HAVE FILTERED THE PROPERTY INTO A PRICE BRACKET FOR WEBSITE FUNCTIONALITY PURPOSES.)

Property History for 422/38 Mahogany Dr, Pelican Waters, QLD 4551

A timeline of how this property has performed in the market
Last Sold
$360,000
26 Apr 2022
  • 26 Apr 2022
    Sold for $360,000
  • 15 Apr 2015
    Listed for Sale $500,000
  • 29 Nov 2014
    Listed for Sale $500,000
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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 77 properties listed for sale, and 6 properties listed for rent in Pelican waters on OnTheHouse. According to CoreLogic's data, 211 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.