FOR SALE
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Geraldton WA 6530

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Land area: 975ha
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Double Beach Estate: World-class development opportunity

RWC WA is delighted to present to the market "Double Beach Estate" for sale by Expressions of Interest. A unique, truly world-class coastal landholding in the capital of Western Australia's Mid-West, comprises 975 hectares with sweeping views of the sparkling turquoise waters of the Indian Ocean, easy access to pristine beaches and extensive frontage to the magnificent Greenough River.
An incoming investor has a bounty of possible development opportunities. Including 14,000* residential lots, (a 900 lot subdivision has WAPC approval with the first tranche of 100 lots ready to go) a marina and canal development, lifestyle and tourism development in addition to a major regional shopping centre and associated commercial amenities.
Key features:
• World-class new townsite development opportunity on Western Australia's Mid West 'Batavia Coast'
• 975 hectare* coastal land holding in Geraldton
• 3.5km* of Indian ocean frontage and 3.5km* of Greenough River frontage
• Conceptual master plan previously submitted incorporating 14,000 residential lots
• A 900* lot subdivision has WAPC subdivision approval
• Operational caravan park and sand mine
• Zoning enables a broad roll out of development opportunities including; residential, tourism, short-stay accommodation, marina and canals, retail including regional shopping centre and supporting commercial development
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Property Details for Contact Agent For Address, Geraldton

Building Type
Commercial
Land Size
975ha

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About Geraldton 6530

The size of Geraldton is approximately 4.5 square kilometres. It has 6 parks covering nearly 2.4% of total area. The population of Geraldton in 2011 was 3,461 people. By 2016 the population was 3,138 showing a population decline of 9.3% in the area during that time. The predominant age group in Geraldton is 50-59 years. Households in Geraldton are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Geraldton work in a professional occupation. In 2011, 50.5% of the homes in Geraldton were owner-occupied compared with 48.9% in 2016.

Geraldton has 2,428 properties. Over the last 5 years, Houses in Geraldton have seen a 119.83% increase in median value, while Units have seen a 61.97% increase. As at 31 August 2024:

  • The median value for Houses in Geraldton is $383,598 while the median value for Units is $299,113.
  • Houses have a median rent of $450 while Units have a median rent of $315.
There are currently 14 properties listed for sale, and 12 properties listed for rent in Geraldton on OnTheHouse. According to CoreLogic's data, 170 properties were sold in the past 12 months in Geraldton.

Suburb Insights for Geraldton 6530

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Andrew Woodley-Page
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Brett Wilkins
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RWC WA
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.