OFF MARKET

45 Fairfax Drive
Moresby WA 6530

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Bathrooms: -
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Land area: 3942788m2
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Property Details for 45 Fairfax Dr, Moresby

Building Type
Land
Land Size
3942788m2
Local Government
Greater Geraldton
Lot/Plan
51/P035274

Last Listing description (November 2016)

A fantastic opportunity to invest in an agricultural holding that has magnificent views over the Port of Geraldton and the Indian Ocean, as well as adjoining a special rural subdivision known as Moresby Heights. This property has sealed road access to schools and shopping centres within a short distance, and is only 10kms from the Geraldton Central Business District.
This 394.5 Ha property is located in a well-established rural area adjoining a rural-residential subdivision known as Moresby Heights on its western boundary. Lot 51 has bitumen access through Moresby Heights and lies approximately 10kms north east of the Geraldton Central Business District. Therefore, this significant land holding not only adjoins the City of Greater Geraldton and Moresby Heights subdivision, but is also only 5kms from the Waggrakine Primary School, 10kms from Senior High Schools, University facilities, the Port of Geraldton and all the opportunities provided by a major regional city.
Geraldton lies approximately 425kms north of Perth and is the only port facility between Fremantle and the Pilbara mining region. Its current population is in excess of 35,000 people and growing. Its growth in recent years has been attributed to the expansion in Mining which has taken over as this region s most valuable sector. It is closely supported by Agriculture, the Geraldton region producing over 12% of the Western Australian total turnover, and Fishing including the major Rock Lobster catch (approximately 40% of the State s catch.)

The mid west is also a popular tourist destination and visitors to the region make an important contribution to the local economy, in particular the spring wildflower season.
Lot 51 Moresby is a fully developed farm and its current use is sheep grazing and cropping. Fenced into 6 paddocks, the southern and south-western boundaries are open and farmed with the adjoining land. The successful purchaser will need to fence these boundary lines. Water is provided by some dams. We believe that there is approximately 240 Ha of the 394.5 Ha that is arable. The other 154.5 Ha is made up from the Moresby Ranges and some rocky outcrops.
The Moresby Ranges provide magnificent views over the City of Geraldton and the backdrop of the Indian Ocean, as well as the undulating surrounding Agricultural area.
Don t miss this opportunity Location, location, location .
For sale by Expression of Interest closing at the offices of VNW Independent, 26 Coghlan Road, Subiaco on 13th October 2016. Settlement is expected to be 13th January 2017 or as agreed.
For further information contact the agents Mark Hattingh on 0419 399 557 or Steve Vaughan on 0428 120 407.

Property History for 45 Fairfax Dr, Moresby, WA 6530

A timeline of how this property has performed in the market
Last Sold
17 Nov 2016
  • 17 Nov 2016
    Sold
  • 17 Oct 2016
    Sold for $900,000
  • 02 Sep 2016
    Listed for Sale Expressions of Interest
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About Moresby 6530

The size of Moresby is approximately 26 square kilometres. The population of Moresby in 2011 was 771 people. By 2016 the population was 855 showing a population growth of 10.9% in the area during that time. The predominant age group in Moresby is 40-49 years. Households in Moresby are primarily couples with children and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Moresby work in a trades occupation. In 2011, 88.6% of the homes in Moresby were owner-occupied compared with 88.6% in 2016.

Moresby has 458 properties. Over the last 5 years, Houses in Moresby have seen a 56.29% increase in median value. As at 31 October 2024:

  • The median value for Houses in Moresby is $753,356 while the median value for Units is $679,416.
  • Houses have a median rent of $380.
There are currently 3 properties listed for sale, and no properties listed for rent in Moresby on OnTheHouse. According to CoreLogic's data, 28 properties were sold in the past 12 months in Moresby.

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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.