508/38 Mahogany Dr, Pelican Waters is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2005. The property has a land size of 146m2 and floor size of 124m2. While the property is not currently for sale or for rent, it was last sold in January 2021.
This generously sized two-bedroom unit enjoys peaceful views to the first hole, golf course lake and the gorgeous Glass House Mountains. It has a popular floor plan that gives you separate living and dining/office spaces, both taking in the impressive views, and approximately 200sqm of outdoor space which is mostly covered. Suitable for owner occupiers or investors, this unit is a must to inspect!
~ Two bedrooms, two spacious bathrooms - master has ensuite
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 57.47% increase in median value, while Units have seen a 91.90% increase. As at 31 July 2026:
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