228-229/38 Mahogany Dr, Pelican Waters, QLD 4551 | Property Value & History | OnTheHouse
OFF MARKET

228-229/38 Mahogany Dr
Pelican Waters QLD 4551

Bedrooms: 2
Bathrooms: 2
Car spaces: -
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Last updated 31 Aug 2026
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Property Details for 228-229/38 Mahogany Dr, Pelican Waters

228-229/38 Mahogany Dr, Pelican Waters is a 2 bedroom, 2 bathroom Unit.

Building Type
Unit
Local Government
Sunshine Coast Regional

Last Listing description (March 2023)

Situated in Pelican Waters Resort, this dual key holiday rental investment offers two bedrooms, three separate balconies and two bathrooms. Overlooking the golf course and lush gardens so you can relax and unwind.

One apartment is a fully self-contained studio style unit with kitchen, bathroom and separate bedroom, this unit also has its own laundry. The other apartment is a hotel style unit with separate bathroom. Both units have ducted air-conditioning.

Excellent facilities include resort style pool, heated lap pool, gymnasium, tennis court, restaurant and sports bar all surrounded by beautiful landscape gardens.

Just a short drive to beautiful beaches and Caloundra CBD. Both units are fully furnished. Secure underground car parking is available.

Be quick to inspect as units in this price range will not last long!

**SOCIAL DISTANCING & HYGIENE PROTOCOLS SHOULD BE OBSERVED.**

Quote this reference when enquiring on this property: PELI228

(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 228-229/38 Mahogany Dr, Pelican Waters, QLD 4551

A timeline of how this property has performed in the market
  • 15 Jul 2022
    Listed for Sale OFFERS OVER $349,000
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About Pelican Waters 4551

The size of Pelican Waters is approximately 8.4 square kilometres. There are 15 parks, covering nearly 17.6% of the total area. The population of Pelican Waters in 2016 was 6277 people. By 2021 the population was 7393 showing a population growth of 17.8% 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 2021, 85.60% of the homes in Pelican Waters were owner-occupied compared with 82.70% in 2016.

Pelican Waters has 3,868 properties. Over the last 5 years, Houses in Pelican Waters have seen a 48.53% increase in median value, while Units have seen a 83.36% increase. As at 31 August 2026:

  • The median value for Houses in Pelican Waters is $1,635,833 while the median value for Units is $1,166,828.
  • Houses have a median rent of $995 while Units have a median rent of $815.
There are currently 48 properties listed for sale, and 7 properties listed for rent in Pelican waters on OnTheHouse. According to Cotality's data, 190 properties were sold in the past 12 months in Pelican waters.

Suburb Insights for Pelican Waters 4551

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.