510/38 Mahogany Drive, Pelican Waters, QLD 4551 | Property Value & History | OnTheHouse
OFF MARKET

510/38 Mahogany Drive
Pelican Waters QLD 4551

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 106m2
Land area: 129m2
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Property Details for 510/38 Mahogany Dr, Pelican Waters

510/38 Mahogany Dr, Pelican Waters is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2004. The property has a land size of 129m2 and floor size of 106m2. While the property is not currently for sale or for rent, it was last sold in June 2016.

Building Type
Unit
Year Built
2004
Floor Size
106m2
Land Size
129m2
Local Government
Sunshine Coast Regional
Lot/Plan
501/SP168156

Last Listing description (June 2023)

If you are looking for something to either move straight into, use as a holiday home or investment property, this well presented apartment ticks all the boxes. Situated in The Sebel Resort within close proximity to Pelican Waters Golf Course, you can fit right into the wonderful Sunshine Coast lifestyle with this property.

Beautiful views from the balcony
Ensuite and walk-in wardrobe off the master suite

Laundry room
Air-conditioning
Secure parking
Resort style living on a full time basis or excellent investment opportunity
Golfers paradise
Restaurant, bar and hairdresser on site
Body Corporate fee $7,822.15 after discount
Rates $1,188.66 gross per half year

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Property History for 510/38 Mahogany Dr, Pelican Waters, QLD 4551

A timeline of how this property has performed in the market
Last Sold
$390,000
20 Jun 2016
  • 08 May 2019
    Listed for Sale Offers Over $399,000
  • 14 Jan 2019
    Listed for Sale $425,000
  • 20 Jun 2016
    Sold for $390,000
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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 3,870 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 49 properties listed for sale, and 6 properties listed for rent in Pelican waters on OnTheHouse. According to Cotality's data, 184 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.