Pelican Waters at a glance
8,596
People
$1,582,500
Median sale
$724/wk
Median rent
2.38%
Suburb gross yield
Median sale from 96 recorded sales (last 12 months) — a Districts calculation.
QLD › Pelican Waters › Mahogany Dr
$1,265,000
For sale
Asking
3
Bedrooms
2
Bathrooms
2
Car spaces
232 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Asking
$1,265,000
Asking · $5,453/m² of land
No recorded sale for this property.
Pelican Waters at a glance
8,596
People
$1,582,500
Median sale
$724/wk
Median rent
2.38%
Suburb gross yield
Median sale from 96 recorded sales (last 12 months) — a Districts calculation.
Vs Pelican Waters
-20.1%
Median sale
Suburb $1,582,500
+0.60 pp
Gross yield
Suburb 2.38%
Suburb median $1,582,500 from 96 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$62,286 on top of the price (4.9% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Pelican Waters's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
For more information on this property, visit Queensland Globe.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
QLDPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $724/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Gross yield if leased at the suburb aggregate is 3.0%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Pelican Waters at a glance
8,596
People
$1,582,500
Median sale
$724/wk
Median rent
2.38%
Suburb gross yield
Median sale from 96 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Next Property Group Maroochydore*PRIVATE INSPECTIONS ARE AVAILABLE AT SHORT NOTICE!
Welcome to Villa 104/34 Mahogany Drive, Pelican Waters. A premium residence offering space, privacy and low-maintenance coastal living in one of Pelican Waters’ most desirable boutique complexes. Designed for downsizers, professionals and lifestyle-focused buyers, this expansive villa combines thoughtful design with a highly walkable, amenity-rich location.
From the moment you enter, the home feels calm and considered. Manicured tropical gardens, secure intercom access and a peaceful setting create an immediate sense of retreat. Inside, hybrid timber flooring, natural light and a well-zoned layout deliver both comfort and functionality.
The open-plan living and dining area connects seamlessly to a covered alfresco, creating a private indoor-outdoor flow ideal for entertaining or relaxed day-to-day living. At the centre, a well-appointed kitchen with walk-in pantry provides excellent storage and usability, making it equally suited to everyday meals or hosting.
A key highlight is the ground-floor master bedroom, complete with its own private courtyard — perfect for buyers seeking single-level living without compromise. A separate study/home office adds flexibility for remote work or a quiet retreat space.
Upstairs, two additional bedrooms and a central bathroom offer excellent separation for guests or family, enhancing the home’s versatility.
Additional features such as split-system air conditioning throughout, attic storage with pull-down ladder access, and a double lock-up garage ensure practicality matches the home’s lifestyle appeal.
WHAT WE LOVE:
• Large, low-maintenance villa in a secure boutique complex
• 3 bedrooms + separate study/home office
• Ground-floor master suite with private courtyard
• 2.5 bathrooms and double lock-up garage
• Open-plan living with seamless indoor-outdoor flow
• Modern kitchen with walk-in pantry
• Hybrid timber flooring throughout main living areas
• Split-system air conditioning throughout
• Attic storage with pull-down ladder
• Intercom entry and secure complex living
• Beautifully maintained tropical gardens
• Walk to Pelican Waters Golf Club
• Close to Cardon Restaurant, marina precinct, beaches and cafés
Vardon Point is a boutique gated community offering a secure and peaceful lifestyle within beautifully maintained surrounds, complete with an onsite Caretaker Manager for added convenience and peace of mind. Residents enjoy resort-style amenities including two heated swimming pools, spa, tennis and pickleball courts, entertaining areas and a welcoming neighbourhood atmosphere. Ideally positioned moments from the Greg Norman designed golf course, marina precinct, shopping facilities and the pristine waterways of Pelican Waters, Vardon Point remains one of the Sunshine Coast’s most sought-after addresses for both owner occupiers and investors alike.
You’re also just minutes from the Caloundra CBD, Golden Beach Esplanade, and the pristine Pumicestone Passage — offering boating, fishing and coastal recreation. The nearby marina precinct continues to evolve into a vibrant hub with waterside restaurants, cafés and boutique retailers, further enhancing long-term lifestyle and growth appeal.
Surrounded by quality schools, parklands, walking trails and positioned alongside a bushland reserve and championship golf course, this is a location that consistently attracts strong owner-occupier and buyer demand.
Villas of this size, quality and location in Pelican Waters are tightly held and rarely offered.
Contact Mary-Ann McLoughlin at Next Property Group today to secure your slice of premium coastal living.
Listing description written by Mary-Ann McLoughlin, Next Property Group Maroochydore — reproduced as published, not verified by Districts.
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