SOLD
Sold on 17 Jan 2024 for $330,000

16/206 Durlacher Street
Geraldton WA 6530

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 106m2
Land area: 296m2
Sold By
Harrison King
Professionals Geraldton
Will Mckenzie
Professionals Geraldton
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Property Details for 16/206 Durlacher St, Geraldton

16/206 Durlacher St, Geraldton is a 3 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1994. The property has a land size of 296m2 and floor size of 106m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 3 bedroom Townhouse sold in Geraldton in the last 12 months.

Building Type
Townhouse
Year Built
1994
Floor Size
106m2
Land Size
296m2
Local Government
Greater Geraldton
Lot/Plan
16/S026723

Last Listing description (January 2024)

Secure 3-Bedroom Unit with High Rental AppealUnlock the potential for a lucrative investment at 16/206 Durlacher Street, Geraldton - a property that not only promises comfortable living but also presents a compelling proposition for astute investors.This charming 3-bedroom, 1-bathroom unit offers a seamless blend of comfort and security, making it an enticing prospect for those seeking an investment with substantial rental returns. The well-designed layout ensures spacious living, catering to a variety of tenants, from families to professionals.Benefit from the property's high rental appraisal of $420 - $450 per week, reflecting the strong demand for rental properties in the area. With the town's vacancy rate below 1%, this investment opportunity presents a rare chance to capitalize on the scarcity of rental properties in the region.Nestled in a secure complex, this unit provides not only a comfortable lifestyle but also peace of mind for investors. The complex's design prioritizes security, creating an environment that tenants and investors alike can appreciate.Strategically located near amenities, including shopping, schools, and recreational facilities, this property ensures convenience for tenants, contributing to its appeal in the rental market. The sought-after location, coupled with the scarcity of rental properties, positions this unit as a desirable asset for your investment portfolio.Seize the opportunity to capitalize on the thriving rental market in Geraldton. Contact Team McKenzie today at 0472 532 307 to arrange a private viewing.Disclaimer: Whilst every care has been taken in the preparation of this advertisement, accuracy cannot be guaranteed. To the best of our knowledge the information listed is true and accurate however may be subject to change without warning at any time and this is often out of our control. Prospective tenants & purchasers should make their own enquiries to satisfy themselves on all pertinent matters. Details herein do not constitute any representation by the Owner or the agent and are expressly excluded from any contract.

Property History for 16/206 Durlacher St, Geraldton, WA 6530

A timeline of how this property has performed in the market
Last Sold
$330,000
17 Jan 2024
Listed for Rent
$250/w
20 Feb 2017
  • 17 Jan 2024
    Sold for $330,000
  • 05 Jan 2024
    Listed for Sale $345,000
  • 19 Dec 2016
    Listed for Rent - Price not available
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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 2,421 properties. Over the last 5 years, Houses in Geraldton have seen a 119.08% increase in median value, while Units have seen a 72.53% increase. As at 31 October 2024:

  • The median value for Houses in Geraldton is $400,877 while the median value for Units is $313,268.
  • Houses have a median rent of $450 while Units have a median rent of $315.
There are currently 18 properties listed for sale, and 11 properties listed for rent in Geraldton on OnTheHouse. According to CoreLogic's data, 175 properties were sold in the past 12 months in Geraldton.

Suburb Insights for Geraldton 6530

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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.