707/38 Mahogany Drive, Pelican Waters, QLD 4551 | Property Value & History | OnTheHouse
OFF MARKET

707/38 Mahogany Drive
Pelican Waters QLD 4551

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 103m2
Land area: 126m2
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Property Details for 707/38 Mahogany Dr, Pelican Waters

707/38 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 126m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
Unit
Year Built
2005
Floor Size
103m2
Land Size
126m2
Local Government
Sunshine Coast Regional
Lot/Plan
708/SP168156

Last Listing description (September 2026)

If you are looking for an exceptionally well-presented apartment where you can just move into and live a resort style life, then look no further than this realistically priced property where the highly motivated sellers wish to sell, sell, sell.........

This unit not only comes with breathtaking views but air-conditioning throughout and a walk-in wardrobe off the master suite with its own spacious ensuite.

The modern kitchen has stone benchtops and overlooks the lounge/dining that leads out onto the balcony. The apartment is freshly painted and captures a lovely natural airflow as not only the lounge, but the master suite have sliding doors with access onto the balcony.

The Pelican Waters Resort itself offers fantastic facilities on-site including a restaurant, cafe, bar, hair salon, hairdresser, florist and externally there is a resort style swimming pool and two tennis courts.

Be it full-time occupancy, or you want a coastal lock-up and leave home, you will not find a better apartment than this in Pelican Waters at this present moment in time.

2 spacious bedrooms
Ensuite off master suite and access onto balcony
Modern kitchen
Excellent presentation throughout this apartment
Freshly painted
Air-conditioning
Stunning views over Golf Course, Lake and Hinterland
Laundry room
Secure underground parking
Resort style Lifestyle
Swimming pools
Tennis Courts
Gymnasium on site (weekly fee)
Walk to Pelican Waters Golf Course & Clubhouse
Restaurant on-site
Beautician & Florist on-site
Rates $2,796.94 per year*
Body Corporate $12,493.16 per year*
Close to Pelican Waters Marina Precinct, Shopping Centre and Tavern
Close to Powerboat Club & Golden Beach Esplanade, cafes and restaurants
Short drive to Caloundra CBD and local beaches
*15 mins drive to Bruce Highway & Sunshine Coast University Hospital
*30 mins drive to Sunshine Coast Airport and Sunshine Plaza
*1hr 15 min drive to Brisbane Domestic & International Airports
*Approximately

Disclaimer: The agent has taken reasonable steps to verify the accuracy of the information contained in this marketing and advertising material. However, all information is provided as a guide only and should not be relied upon as a representation of fact.

Prospective buyers should make their own enquiries, conduct their own due diligence and seek independent advice to satisfy themselves as to the accuracy, condition, suitability and completeness of the information provided in relation to the property. To the extent there is any inconsistency between this marketing or advertising material and the Form 2 Seller Disclosure Statement for the property, the Form 2 Seller Disclosure Statement will prevail.

If this property is being sold by auction or without a price, a price guide cannot be provided. Any website or portal may have filtered the property into a price bracket for website functionality purposes only.

Some marketing images may contain virtual furniture, furniture staging, digital enhancements or AI-generated enhancements for illustrative purposes. Any such images are intended to assist with visual presentation only and may not reflect the actual property features, furnishings, condition, layout, size, views or presentation. Buyers should rely on their own inspections, enquiries and independent advice.

Property History for 707/38 Mahogany Dr, Pelican Waters, QLD 4551

A timeline of how this property has performed in the market
Last Sold
$635,000
21 Sep 2021
Listed for Rent
$385/w
11 Jul 2017
  • 17 Sep 2026
    Listed for Sale Offers Over $860,000
  • 07 May 2026
    Listed for Sale $899,000
  • 21 Sep 2021
    Sold for $635,000
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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 7 properties listed for rent in Pelican waters on OnTheHouse. According to Cotality's data, 179 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.