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  1. K

    Just done a recce from Perth to Geraldton

    I can comment on beachlands. Houses that would cost 270k now (bottom end of beachlands price) used to cost 70-90k in 2004 so the growth has been very strong. Rents for those houses today would be around 210-230 a week (although I am still trying to catch up with my rental increases) rents...
  2. K

    Just done a recce from Perth to Geraldton

    I guess if you can´t sell it as a vacant block you could build on it and keep it as a rental or sell it at that point. rents are still rising in geraldton so you should have no trouble renting it. Uttakura is a lower socio economic part of town so be careful not to overcapitalise if you...
  3. K

    Just done a recce from Perth to Geraldton

    In regards to rents in geraldton they are rising. To give you some examples properties in waggrakine I had renting around the 140 - 145 range less than 2 years ago are now achieving 180 rangeway/spalding/karloo properties were renting around 130 now 150/155 beachlands properties were...
  4. K

    Just done a recce from Perth to Geraldton

    Thanks for your post. I own a few properties in geraldton. Market has certainly been a lot quieter over the last few months but not surprising after the huge growth experienced in the last 3 years. 330k sounds very pricey for rangeway and I would be surprised if they were achieveing sales in...
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