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Geraldton
AREA REPORTS

Geraldton

Geraldton - SUBURB PROFILE REPORT
POSTAL CODE: WA, 6530

house
unit

A survey of average capital gains or median home price increase in suburbs across the country shows that the WA suburb obtained a -2.51% decrease over a ten-year period. It ranks 4360th on our list of suburbs that property investors should look into.

GERALDTON, 6530 has a capital gain of -3.39% for the past year, which is lower than average compared to its -9.83% growth within a five-year period.

With the median home price in GERALDTON sitting at $270,500, and the average rent at $300, property owners could potentially earn a 5.77% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in GERALDTON are high, as opposed to average gains per annum over the past five years.

GERALDTON, 6530 in WA belongs to the local government area of Greater Geraldton (C).

Data report can be found below

Geraldton
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $270,500 $181,250
GROWTH REPORT
Median Quarterly 3.64% 0%
Median 12 month -3.39% -10.49%
Median 3 years 8.2% -7.05%
Median 5 years -9.83% N/A
10 years average annual -2.51% 13.87%
Weekly media advert. rent $300 $210
Time on Market 71.6 days 61.0 days
Gross Rental Yield Percent 5.77% 6.02%
demographics (median values)*
Total Population
32455
Weekly Household Income
1320
Household Size
2.50
Age
38
Monthly Loan Repayment
1690
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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