OFF MARKET

31 Scott Road
Rangeway WA 6530

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 46m2
Land area: 1543m2
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Property Details for 31 Scott Rd, Rangeway

31 Scott Rd, Rangeway is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1965. The property has a land size of 1543m2 and floor size of 46m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
Unit
Year Built
1965
Floor Size
46m2
Land Size
1543m2
Local Government
Greater Geraldton
Lot/Plan
2509/P211054

Last Listing description (August 2023)

Not very often you come across a property with great returns like this;- 4 Units on one title- Not strata titled- 1,543m2 block- All 1 bedroom, 1 bathroom with decent sized yards- R30 zoning- City rates $5,700 per annum in total- Water rates $269 per quarter. $1,076 in total- Structural building reports available- Termite reports availableLast one just getting ready to be tenanted now. (Currently $150, $220, $250 and 4th is advertised at $250 per week) Total gross income expected to be $870 per week or just over $45,000 per annum.These Units are currently managed by Ray White. If you are looking for good returns, you have now found it! Call Chris on 0417 982 928 or Nathan on 0400 246 121 or Henry on 0429 995 121 to view this property as soon as possible*Please be advised that this information has been supplied to the best of the agent's knowledge however, it is always advisable for you to complete your own research and due diligence in these matters.

Property History for 31 Scott Rd, Rangeway, WA 6530

A timeline of how this property has performed in the market
Last Sold
$380,000
26 May 2023
Listed for Rent
16 Nov 2023
  • 26 May 2023
    Sold for $380,000
  • 25 May 2023
    Listed for Sale Under Contract
  • 12 May 2023
    Listed for Rent $250 / week
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About Rangeway 6530

The size of Rangeway is approximately 1.8 square kilometres. It has 6 parks covering nearly 4.2% of total area. The population of Rangeway in 2011 was 2,260 people. By 2016 the population was 1,886 showing a population decline of 16.5% in the area during that time. The predominant age group in Rangeway is 0-9 years. Households in Rangeway are primarily single parents and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Rangeway work in a labourer occupation. In 2011, 54.6% of the homes in Rangeway were owner-occupied compared with 60.3% in 2016.

Rangeway has 988 properties. Over the last 5 years, Houses in Rangeway have seen a 165.97% increase in median value, while Units have seen a 71.35% increase. As at 30 September 2024:

  • The median value for Houses in Rangeway is $302,404 while the median value for Units is $258,112.
  • Houses have a median rent of $370 while Units have a median rent of $300.
There are currently 5 properties listed for sale, and 3 properties listed for rent in Rangeway on OnTheHouse. According to CoreLogic's data, 80 properties were sold in the past 12 months in Rangeway.

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