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This property has been sold for $1,750,000 on 14 May 2026
18 days on market
PropRadar's estimate today
$1,710,378
Range $1,556,009 to $2,063,793
Estimated rent $1,250 per week
Our own model, free and instant, from comparable sales near this property. Not yet confirmed against outside sources.
Market context at sale
Asking Price
$1,750,000
Provider valuations aren't available for sold properties. The estimate above is PropRadar's own read on what it would be worth today.
Property overview
This 4-bedroom house at 113 Mahogany Drive in Pelican Waters, QLD 4551 sold for $1.8M in May 2026, with 3 bathrooms and parking for 2. It offers a 785 m2 block and 343 m2 of internal living space. Pelican Waters sits about 71 km from the CBD, where the median house price is $1.6M. Council data records flood overlay on the site. There are 10 schools within roughly 5km, and the area scores 7 for walkability and 4 for transit out of 100.
More in Pelican Waters
For sale now
- 1202/38 Mahogany DriveApartment · 3 bed · 3 bath$1,950,000
- 9 Condamine CourtHouse · 4 bed · 2 bath$1,475,000
- 80 Warrego DriveHouse · 4 bed · 3 bath$1,850,000
- 20 Oxford ParadeHouse · 5 bed · 3 bath$1,480,000
Recently sold nearby
A plain-language read on this listing (Strong, Monitor or Caution) drawn from its asking price, valuation gap, yield and suburb trend.
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Based on $1,750,000 asking signal.
Signals use available listing and suburb data. They are not personal financial advice.
- Planning overlay risk
Listed
Updated
Days on market
18
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Pelican Waters at a glance
House market signals | QLD 4551
Median
$1.6M
Market signals
To CBD
71 km
Est. Valuation
$1,749,933
Potential Sell Price
Est. Rent/wk
$1,240
Potential Gross Yield
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Addresses, sold dates, days on market, sold vs asking spreads, plus the subject vs median verdict for each row.
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Key Highlights
Planning Overlays
Overlays Detected
Subdivision & Development Potential
Indicative assessment only. Consult your local council planning department for definitive subdivision information.
Total Cost to Purchase
- Purchase Price
- $1,750,000
- Stamp Duty (Queensland)
- $81,150
- Transfer/Registration Fee
- $1,200
- Legal & Conveyancing (est.)
- $2,000
- Building & Pest Inspection (est.)
- $700
- Total Cash Required
- $1,835,050
Estimates only. Assumes investment property, standard rates. Verify with your conveyancer.
Listing Details
- Listed
- Last Updated
- Postcode
- 4551
- Original listing
- Original listing is on paid plans
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How accurate are AU property valuations?
Four providers benchmarked against 14,000 sold prices. MAE 6.82% to 11.24%, all biased high.
Where Australian property prices are rising and falling in 2026
Capital growth across 12,000+ tracked suburbs: WA +12%, VIC +3.9%, plus the picture in every other state.
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