3/210 Durlacher St, Geraldton is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 211m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in June 2022.
What do you look for in an investment property?- Location - close to both hospitals, supermarkets, chemist and other essential services and in the suburb of Geraldton itself- Returns - approximately 8% gross rental return with secure tenancy in place. (Long lease so not available to move into)- Depreciation and maintenance. - investors prefer much newer properties as they have better depreciation value and maintenance is minimalThe Unit itself is very low maintenance, has reverse cycle air conditioning/heating, robes in the bedrooms and is an ideal property to have as a rental now and in the future.Geraldton is an exciting place to be with a promising future. Take a look for yourself at https://www.visitgeraldton.com.au/For further information please call Henry Van Tiel today on 0429 995 121.
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 2,422 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:
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