509/38 Mahogany Drive, Pelican Waters, QLD 4551 | Property Value & History | OnTheHouse
OFF MARKET

509/38 Mahogany Drive
Pelican Waters QLD 4551

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 155m2
Land area: 185m2
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Property Details for 509/38 Mahogany Dr, Pelican Waters

509/38 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 185m2 and floor size of 155m2. While the property is not currently for sale or for rent, it was last sold in June 2019.

Building Type
Unit
Year Built
2005
Floor Size
155m2
Land Size
185m2
Local Government
Sunshine Coast Regional
Lot/Plan
510/SP168156

Last Listing description (June 2019)

The Sebel apartments are afoot the prestigious Greg Norman designed Golf Course. Ideal, coastal lifestyle with access to heated lap pool, resort pool, tennis court, barbeque facilities, day spa, hairdresser and alfresco terrace restaurant and bar. This magnificent apartment offers 352sqm of grand space; a rare opportunity for freehold title in a perfectly positioned prestigious location as your weekender or as a resort resident. This level five apartment offers a superior layout with private use balcony from each expansive bedroom, golf course vistas and uninterrupted hinterland views. Impeccable interiors showcase open plan living and dining, with stylish centrally located modern kitchen. The lavish master suite incorporates deluxe his and her ensuite, large walk-in shower, private balcony and substantial walk-in robe. Incorporating three storage cupboards, vast laundry and study nook perfectly placed to capture sunlit days. Entertain friends and family overlooking boundless mountain and golf views via your own private exclusive use terrace.
- Fifth level apartment with breathtaking golf and hinterland views
- Spacious open plan design, living, dining with additional study nook

- Expansive master suite, spacious ensuite with walk-in robe
- Private spacious second bedroom with outdoor covered balcony
- Exquisite kitchen, stone benches, wine storage, high-end appliances
- Ducted air conditioning, separate laundry, storage throughout
- Unique apartment due to exclusive use spacious terrace deck for spectacular outdoor entertaining
- Private resort entry, secure carpark with ground level storage
- Full resort facilities; gym, function rooms, tennis, pool, day spa
- Perfect for investors or travellers who wish to lock and leave
- Aside prestigious Pelican Waters Golf Club; course on your doorstep
- Forty minutes to Sunshine Coast Airport and Brisbane an hour away
- Administration & Sinking Fund (after discount) $2865pq

Property History for 509/38 Mahogany Dr, Pelican Waters, QLD 4551

A timeline of how this property has performed in the market
Last Sold
$403,000
06 Jun 2019
  • 06 Jun 2019
    Sold for $403,000
  • 26 Feb 2019
    Listed for Sale Offers over $399,000
  • 20 Aug 2018
    Listed for Sale Not Disclosed
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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 3,792 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:

  • The median value for Houses in Pelican Waters is $1,675,933 while the median value for Units is $1,172,139.
  • Houses have a median rent of $990 while Units have a median rent of $750.
There are currently 37 properties listed for sale, and 6 properties listed for rent in Pelican waters on OnTheHouse. According to Cotality's data, 197 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.