316/38 Mahogany Drive, Pelican Waters, QLD 4551 | Property Value & History | OnTheHouse
 
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316/38 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 316/38 Mahogany Dr, Pelican Waters

316/38 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 103m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in March 2021.

Building Type
Unit
Year Built
2005
Floor Size
83m2
Land Size
103m2
Local Government
Sunshine Coast Regional
Lot/Plan
310/SP168156

Last Listing description (May 2021)

DUAL KEY / DUAL INCOME

The aerial overview emphasises the enjoyable surroundings and positioning of this world class resort. Clientele staying in the complex can wind down, wine and dine. The inviting atmosphere provides accommodation for short or longer stays with holiday letting and week-end getaways.

Rich in design features, Sebel rises above the Golf Course with the units inspiring qualities of sunlight and breezes.

. Studio apartment and motel suite opportunity for dual income
. Investment value with solid occupancy and returns
. Amazing facilities with pools, tennis courts, gymnasium, day spa and dining.
. Perfect positioning for Golf enthusiasts.
. North facing aspect with captivating views
. Ducted reverse cycle heating and cooling
. Secure undercover car accommodation
. Walking and bike tracks
. In-house as well as room service and alfresco dining
. Furniture package

Investors will be pleasantly surprised with this property on offer.

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Property History for 316/38 Mahogany Dr, Pelican Waters, QLD 4551

A timeline of how this property has performed in the market
Last Sold
$350,000
16 Mar 2021
  • 16 Mar 2021
    Sold for $350,000
  • 26 Jul 2018
    Listed for Sale $375,000
  • 23 Dec 2005
    Sold for $429,000
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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 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 3,788 properties. Over the last 5 years, Houses in Pelican Waters have seen a 88.91% increase in median value, while Units have seen a 93.94% increase. As at 30 November 2025:

  • The median value for Houses in Pelican Waters is $1,576,295 while the median value for Units is $1,034,331.
  • Houses have a median rent of $920 while Units have a median rent of $663.
There are currently 22 properties listed for sale, and 9 properties listed for rent in Pelican waters on OnTheHouse. According to Cotality's data, 230 properties were sold in the past 12 months in Pelican waters.

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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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