5/8 Eric StreetGeraldton WA 6530
Property Details for 5/8 Eric St, Geraldton
5/8 Eric St, Geraldton is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1986. The property has a land size of 209m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Geraldton in the last 12 months.
Last Listing description (July 2024)
Close to the CBD where you have access to all of Geraldton main amenities. This is astute buying with such a high yielding return for an investment property that is in fantastic condition. $250,000 and returning $360 per week! This is a gross yield of over 7%.Situated in a small complex of unit\u8217?s sits this two-bedroom, one bathroom neat and tidy brick and tile unit. The main bedroom has a large built in robe and ceiling fan along with access to the back patio.The kitchen is separate with lower and upper cupboard space, the living and dining area is all open with a large window to the rear of the property overlooking the street with reverse cycle air-conditioning.Easy care gardens and a spacious outdoor patio make up the outdoors. All very well maintained. Tenant til 30/3/25 paying $360 per week Strata fees $618.75 per quarter.Give David Sorgiovanni a call on 0407 388 048 to take a look.
Property History for 5/8 Eric St, Geraldton, WA 6530
- 09 May 2024Sold for $230,000
- 29 Nov 2023Listed for Sale Not Disclosed
- 19 Jun 2023Listed for Sale Not Disclosed
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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 2,422 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:
- 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.
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