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Sold on 14 Jul 2024 - Price Unavailable

21 Archer Street
Utakarra WA 6530

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Land area: 1ha
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Property Details for 21 Archer St, Utakarra

Building Type
Land
Land Size
1ha

Last Listing description (July 2024)

Talk about an exceptional parcel for the future! Located in the suburb of Utakarra, this is just a 5 to 10-minute drive into the heart of the Geraldton CBD. Deep sewer is available at the front of the lot and with a zoning of R30, the possible yield is exceptional (333 m2 per lot minimum size).

The area is already predominantly residential (2 churches nearby) and although sub-dividing and developing in the current climate would may not be viable while prices are only just starting, buying and holding for better times may well be worth considering.

The land is almost all cleared and quite flat so development costs should be minimal.

As with any residential land that is sub-dividable, it is imperative that you do your own due diligence by speaking to the City or a qualified planner.

Give me a call today if this sounds like something you would be interested in Henry 0429 995 121

https://www.midwesttimes.com.au/news/regional/spudshed-development-given-green-light-by-city-of-greater-geraldton-set-to-be-open-by-christmas-c-13915442

*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.

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Property History for 21 Archer St, Utakarra, WA 6530

A timeline of how this property has performed in the market
Last Sold
14 Jul 2024
  • 28 Sep 2024
    Listed for Sale $295,000
  • 19 Jun 2024
    Sold for $275,000
  • 05 May 2024
    Listed for Sale $295,000
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About Utakarra 6530

The size of Utakarra is approximately 4.9 square kilometres. It has 7 parks covering nearly 10.7% of total area. The population of Utakarra in 2011 was 1,292 people. By 2016 the population was 1,389 showing a population growth of 7.5% in the area during that time. The predominant age group in Utakarra is 10-19 years. Households in Utakarra are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Utakarra work in a trades occupation. In 2011, 61% of the homes in Utakarra were owner-occupied compared with 63.2% in 2016.

Utakarra has 872 properties. Over the last 5 years, Houses in Utakarra have seen a 160.30% increase in median value, while Units have seen a 102.92% increase. As at 30 November 2024:

  • The median value for Houses in Utakarra is $345,129 while the median value for Units is $297,427.
  • Houses have a median rent of $440 while Units have a median rent of $235.
There are currently 9 properties listed for sale, and no properties listed for rent in Utakarra on OnTheHouse. According to CoreLogic's data, 105 properties were sold in the past 12 months in Utakarra.

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Contact agent
Henry Vantiel
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Ray White Geraldton
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