OFF MARKET

5 Gale Road
Wonthella WA 6530

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 118m2
Land area: 991m2
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Property Details for 5 Gale Rd, Wonthella

5 Gale Rd, Wonthella is a 3 bedroom, 1 bathroom House and was built in 1969. The property has a land size of 991m2 and floor size of 118m2. While the property is not currently for sale or for rent, it was last sold in June 2022.

Building Type
House
Year Built
1969
Floor Size
118m2
Land Size
991m2
Local Government
Greater Geraldton
Lot/Plan
28/P006676

Last Listing description (December 2022)

Everyone knows that properties are selling fast - really fast and rentals are so hard to come by - brick and tile homes in a good area, with tenants wanting to stay - are a good investment.
Well this is just one of them, well you could have 2 of them as the property next door, number 3 Gale Road, is also for sale, side by side and both fully tenanted with good tenants that wish to stay.
Both properties are sitting on huge blocks, 5 Gale Road is 991m2 and 3 Gale Road is 992m2, these could be purchased either individually or as a couple and developed into an even stronger investment. Both of these houses are within walking distance to two extremely good schools - Allendale Primary School and Geraldton Grammar School, and shops and sporting facilities close by.

So, you can see the opportunity is here for the taking. These houses would make a perfect starter for the first-time home buyer once the lease runs out.
If you wish to find out more about this or both properties, please call Trish Longva at Elders Real Estate Geraldton on 0429 654 999 or 08 99 658262.

Property History for 5 Gale Rd, Wonthella, WA 6530

A timeline of how this property has performed in the market
Last Sold
$240,000
05 Jun 2022
Listed for Rent
$240/w
20 Oct 2020
  • 05 Jun 2022
    Sold for $240,000
  • 27 Jul 2021
    Listed for Sale $275,000
  • 20 Apr 2021
    Listed for Sale $630,000
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About Wonthella 6530

The size of Wonthella is approximately 3.7 square kilometres. It has 4 parks covering nearly 25% of total area. The population of Wonthella in 2011 was 1,714 people. By 2016 the population was 1,606 showing a population decline of 6.3% in the area during that time. The predominant age group in Wonthella is 50-59 years. Households in Wonthella are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Wonthella work in a trades occupation. In 2011, 57.8% of the homes in Wonthella were owner-occupied compared with 58.2% in 2016.

Wonthella has 1,116 properties. Over the last 5 years, Houses in Wonthella have seen a 120.64% increase in median value, while Units have seen a 91.66% increase. As at 31 October 2024:

  • The median value for Houses in Wonthella is $390,274 while the median value for Units is $295,376.
  • Houses have a median rent of $440 while Units have a median rent of $400.
There are currently 3 properties listed for sale, and 3 properties listed for rent in Wonthella on OnTheHouse. According to CoreLogic's data, 60 properties were sold in the past 12 months in Wonthella.

Suburb Insights for Wonthella 6530

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Disclaimer
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.