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Geraldton, WA 6530

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Geraldton, WA 6530 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Geraldton, WA 6530”

  1. The total adult population (15 years or older) of Geraldton 6530 WA is 2,792, with a median age of 47. Of those, 36.75% are married, 16.22% are divorced or separated, 36.17% are single and 10.67% are widowed.

    The average household size is 2.0 people per dwelling, and the median household monthly income is estimated to be $6,872. The median monthly mortgage repayment for households in this suburb is $1,400 which is 20.37% of their earnings.

    Source: ABS Census Data (2021)

  2. The suburb of Geraldton, 6530, located in Western Australia, accommodates approximately 2695 households. As per the data recorded in Q3 of 2023, the typical property prices for houses stand at $363,124, and the median weekly rent is pegged at a comfortable $342. These stats generate an impressive indicative yield of 4.9%.

    It’s also worth mentioning that Geraldton has a positive IRSAD score of 919 out of 1217. This demonstrates a comparatively healthy socioeconomic status, which takes into account factors such as access to economic resources and the level of employment skillsets. Despite the renter-to-owner ratio being slightly high at 43%, predominately due to the area’s rental market appeal, the units-to-houses ratio of 24% indicates a favourable distribution of housing types catering to different market segments including families and single residents.

    In terms of overall affordability, Geraldton shines as a favourable market, with the affordability index sitting at low 21 years. This is based on the income necessary to fully own a property, pointing towards a more accessible property market for prospective buyers.

    Turning our attention to supply metrics, Geraldton demonstrates a low stock on market percentage for houses at just 0.15%, indicating a tight market with less competition for sellers. This is further underpinned by the extraordinarily low inventory level for houses, just 0.47 months, suggesting listings are absorbed quickly into the market.

    The building approvals Ratio, another key factor to estimate market supply, is at a low 0.1% indicating an under supply of new dwelling stock coming into the market. However, with the days on market for houses leaning on the high side at 114 days, this suggests a somewhat muted buyer demand.

    The vacancy rate is quite favourable at 0.94%, implying high demand and less rental competition amongst landlords. The buy search index for houses is at a quite neutral 4, indicating an average level of interest from prospective property buyers in Geraldton.

    In conclusion, despite some variability, Geraldton’s property market dynamics show several positive signs for both property investors and prospective homeowners. It’s important that you evaluate not just the current data but also trends over time. Tools like HtAG Analytics’ Relative Composite Score can assist by using over 80 metrics to automate this detailed analysis.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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