902/38 Mahogany Drive, Pelican Waters, QLD 4551 | Property Value & History | OnTheHouse
OFF MARKET

902/38 Mahogany Drive
Pelican Waters QLD 4551

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 162m2
Land area: 192m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 3 Aug 2026
Low

High
Save

Property Details for 902/38 Mahogany Dr, Pelican Waters

902/38 Mahogany Dr, Pelican Waters is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2004. The property has a land size of 192m2 and floor size of 162m2. While the property is not currently for sale or for rent, it was last sold in January 2020.

Building Type
Unit
Year Built
2004
Floor Size
162m2
Land Size
192m2
Local Government
Sunshine Coast Regional
Lot/Plan
903/SP168156

Last Listing description (September 2020)

Positioned on the ninth floor of 'The Sebel' apartment 902 offers an enviable lifestyle of low maintenance living amongst world class facilities. Featuring a floor plan of 192 sqm, you feel on top of the world with panoramic views to Caloundra CBD, Pumicestone passage to the Glasshouse mountains making for a delightful space to call home.The living area offers great proportions with large windows to take full advantage of the views. The balcony is a Generous size with large six seater table and a south easterly aspect. Enjoy an evening drink and watch the lights of Caloundra come to life and the ships go by or the Kangaroos go by on the adjoining golf course.The kitchen features stone beaches and house like proportions. The scale of everything in apartment 902 is over size making it perfect for those who may be downsizing from a house or require the extra bit of space rarely available in apartment living.The master bedroom has separate balcony with lake and golf course views plus huge ensuite with bath and walk in robe.The remaining two bedrooms are a very generous size, built ins and both enjoying easterly views. The second bedroom also has a third separate balcony. There is also a full laundry room and generous storage throughout the apartment.'The Sebel' offers unrivaled resort facilities including heated lap and leisure swimming pools, tennis courts, gym, bar and restaurant plus the Greg Norman designed golf course. There is also a day spa and professional onsite management for those extra creature comforts.The position allows for enjoying peace and quiet in stunning manicured gardens, all you have to do is relax and enjoy all this stunning apartment has to offer. Pelican Waters Shops and and specialty shops are within easy reach plus the beautiful Pumicestone Passage for fishing or stroll along one of the many waterside walkways. Further Features of 902 include-- Ducted air conditioning throughout - Generous 192 sqm floor plan - Two side by side car parks - Huge basement storage cage- Secure building, swipe access- Professional onsite managementPlease contact the marketing agent for further information or to arrange your inspection of apartment 902.

Property History for 902/38 Mahogany Dr, Pelican Waters, QLD 4551

A timeline of how this property has performed in the market
Last Sold
$425,000
06 Jan 2020
Listed for Rent
$400/w
23 Jun 2011
  • 06 Jan 2020
    Sold for $425,000
  • 01 Nov 2019
    Listed for Sale $450,000
  • 28 May 2011
    Listed for Rent - Price not available
Sign in to see more transactions
Commute Calculator

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 38 properties listed for sale, and 5 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

Market Insights
Pelican Waters Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Pelican Waters Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.