OFF MARKET

506/38 Mahogany Drive
Pelican Waters QLD 4551

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 92m2
Land area: 145m2
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Property Details for 506/38 Mahogany Dr, Pelican Waters

506/38 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 145m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in May 2019.

Building Type
Unit
Year Built
2005
Floor Size
92m2
Land Size
145m2
Local Government
Sunshine Coast Regional
Lot/Plan
507/SP168156

Last Listing description (July 2023)

If you are looking for an apartment that offers you the best of both worlds when it comes to a home, but in a resort style atmosphere, then this little beauty could be just the one for you. Should you be looking alternatively for an investment, then their is strong demand for long term rentals or holiday rentals with the property being within walking distance to one of Queensland's most prestigious golf courses; The Pelican Waters Greg Norman designed Golf Course.

If you just wish to just sit back and relax on the generous sized balcony and take in the far reaching views, then come and check everything this apartment and lifestyle has to offer.

Features:

Two good sized bedrooms
Ensuite and walk-in wardrobe off master suite
Secure car parking and lock-up garage
Beautiful in-ground swimming pool
On-site restaurant/bar with great food and atmosphere
Near to new Pelican Waters Marina Shopping Centre
5-10 minutes to Golden Beach and Caloundra CBD and further local beaches
Body Corporate costs $7,582.77 per annum after discount.

For further details or to arrange an inspection, please don't hesitate to contact our office.

Information contained on any marketing material, website or other portal should not be relied upon and you should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property.

Property History for 506/38 Mahogany Dr, Pelican Waters, QLD 4551

A timeline of how this property has performed in the market
Last Sold
$364,000
07 May 2019
Listed for Rent
$400/w
04 Sep 2014
  • 06 May 2022
    Listed for Sale Offers Over $365,000
  • 01 Jan 2022
    Listed for Sale Offers Over $365,000
  • 29 Sep 2021
    Listed for Sale Not Disclosed
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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 89.71% increase in median value, while Units have seen a 84.42% increase. As at 31 August 2024:

  • The median value for Houses in Pelican Waters is $1,414,656 while the median value for Units is $880,518.
  • Houses have a median rent of $900 while Units have a median rent of $540.
There are currently 82 properties listed for sale, and 8 properties listed for rent in Pelican waters on OnTheHouse. According to CoreLogic's data, 219 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.