- westinvestMember@westinvestJoin Date: 2005Post Count: 88
Geraldton is a beautiful friendly City approximately 4 hrs north of Perth.
When I was a tad it was known as a Sister town to Bunbury.
Geraldton is steeped in history, well known for its huge Cray fishing (lobster) fleet, Long Beach’s, Sunshine and Warm Country Smils.
http://www.geraldton.wa.gov.auRobbie BMember@robbie-bJoin Date: 2004Post Count: 2,493neo25x5Member@neo25x5Join Date: 2005Post Count: 166
A friend of mine in Sydney has done well for himself lately with land and a couple of ip’s over there in Geraldton…..cathyc29094Participant@cathyc29094Join Date: 2003Post Count: 4
I live in Geraldton & have IP here as well as Kalbarri. I could see 12 months ago that G’ton was on the move with all the infastructure being built. That is the point of investing is to make money & to look out for opportunities & act on them whereever they are.Robbie BMember@robbie-bJoin Date: 2004Post Count: 2,493Still in SchoolMember@still-in-schoolJoin Date: 2003Post Count: 1,844westinvestMember@westinvestJoin Date: 2005Post Count: 88
Thankyou all for your feed back so far about your Geraldton IP’s please keep them coming.
cathyc29094 good to hear about Kalbarri as well, I have been there often over the years on holiday’s.
RegardsbderryParticipant@bderryJoin Date: 2004Post Count: 8
what is the make up of geraldtons economy?
past impressions tell me agriculture but I bet it’s not that now
anyone??munecita20027739Member@munecita20027739Join Date: 2003Post Count: 26
Geraldton prices were ridiculously cheap 12 months ago. The cheapest I bought was 3 br brick and tile , renovated for 63k , rented for 125 per week (probably get a bit more now in rent), agents reporting that price increases have slowed down in the top end of the market, anything under 250k still selling well.
I still think they are good value, my latest purchase was only a month ago for 100k brick and tile. It settles on the 4th July and I have a tenant lined up at $150.00 per week.
In total I have bought 14 there in the last 18 months.