707/38 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 126m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in September 2021.
The incredible view unfolding upon entering is an added incentive to purchase this property. The wide scope of scenery incorporates lake, water features, golf course, hills in the perimeter and Caloundra high rise to the east.
The northern aspect strategically offers, and takes full advantage of natural light, breezes and spacious living.
- Amazing panorama from this level
This apartment presents an ideal opportunity, not to be overlooked for buyers wishing to invest in this present market.
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 3,711 properties. Over the last 5 years, Houses in Pelican Waters have seen a 87.09% increase in median value, while Units have seen a 97.72% increase. As at 28 February 2025:
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