Thinking about buying in Geraldton? Now could not be a better time, with 3597 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $510,000 with prices in this suburb ranging from $115,000 to $2,109,000. Geraldton is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices
Median Weekly Rent | $223.94 |
Median Monthly Mortgage | $1293.94 |
Median Persons Per Bedroom | 0.72 |
Average Household Size | 2.00 |
Average Age | 45.76 |
Average Income | $676.94 |
Average Cars Per Dwelling | 1.49 |
Average Properties Within 50M | 25 |
1 Bed  $428,000 |
2 Bed  $276,000 |
3 Bed  $416,000 |
4 Bed  $592,000 |
5 Bed  $629,000 |
6 Bed+$565,000 |
In Geraldton there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Geraldton due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. Low average earnings from people in Geraldton leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. High density population in Geraldton requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
Geraldton Primary School
Nagle Catholic College
St Lawrence's Primary School
Holland Street School
Geraldton Flexible Learning Centre
Geraldton Senior College
St Francis Xavier Primary School
Leaning Tree Steiner School
Geraldton Grammar School
St John's School
(While the above schools are located with the suburb of Geraldton there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 0 | 19.2 | 33.1 | 34.5 | 81.4 | 7.2 | 28.8 |
Feb | 0.0 | 20.4 | 35.6 | 27.1 | 79.4 | 6.9 | 25.7 |
Mar | 0.0 | 18.2 | 32.5 | 33.0 | 83.0 | 6 | 21 |
Apr | 0.7 | 15.7 | 29.4 | 36.7 | 88 | 4.6 | 17.0 |
May | 2.5 | 12.8 | 23.2 | 45.3 | 91.2 | 4.4 | 13.2 |
Jun | 3.8 | 12.3 | 21.4 | 42.8 | 87.4 | 5 | 9.3 |
Jul | 1.4 | 7.5 | 20.5 | 39.6 | 89.6 | 4.3 | 12.2 |
Aug | 1.8 | 8.7 | 20.9 | 50.9 | 97.2 | 3.8 | 15.4 |
Sept | 1.2 | 10.8 | 22.8 | 44.0 | 93 | 5.2 | 21.4 |
Oct | 0.0 | 12.0 | 26.6 | 36.0 | 91.1 | 5.2 | 27.6 |
Nov | 0 | 15.2 | 28.4 | 37.5 | 86.6 | 6.2 | 30.4 |
Dec | 0.0 | 17.3 | 32.2 | 32.2 | 85.2 | 6.4 | 32.6 |
source: Australian Government Bureau of Meteorology
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