All Topics / Help Needed! / Geraldton

Viewing 9 posts - 1 through 9 (of 9 total)
  • Profile photo of westinvestwestinvest
    Member
    @westinvest
    Join Date: 2005
    Post Count: 88
    June 13, 2005 - 1:24 pm

    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.
    Welcome
    http://www.geraldton.wa.gov.au

    http://www.owner.com.au/phototour/listing_phototour.cfm?listingid=20440

    Profile photo of Robbie BRobbie B
    Member
    @robbie-b
    Join Date: 2004
    Post Count: 2,493
    June 13, 2005 - 1:40 pm

    And to what do we owe the new interest in Geraldton from you west????

    Or is this an attempt at a dig?

    The Mortgage Adviser

    http://www.themortgageadviser.com.au
    [email protected]
    Essential Links

    Profile photo of neo25x5neo25x5
    Member
    @neo25x5
    Join Date: 2005
    Post Count: 166
    June 14, 2005 - 2:56 am

    A friend of mine in Sydney has done well for himself lately with land and a couple of ip’s over there in Geraldton…..

    Profile photo of cathyc29094cathyc29094
    Participant
    @cathyc29094
    Join Date: 2003
    Post Count: 4
    June 14, 2005 - 7:02 am

    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.

    Profile photo of Robbie BRobbie B
    Member
    @robbie-b
    Join Date: 2004
    Post Count: 2,493
    June 14, 2005 - 8:50 am

    That is exactly right cathy. It is also good to get in before everyone else has caused the prices to skyrocket due to crazy buying!!!

    The Mortgage Adviser

    http://www.themortgageadviser.com.au
    [email protected]
    Essential Links

    Profile photo of Still in SchoolStill in School
    Member
    @still-in-school
    Join Date: 2003
    Post Count: 1,844
    June 14, 2005 - 10:56 am

    seriously, geraldton is a great buying area… and to be honest.. ive bought up as much as i can there…

    sorry to help talk up the area… but.. i have ip’s there too.. (go you good thing…!)

    Cheers,
    sis

    Wanna Talk About Stocks

    Profile photo of westinvestwestinvest
    Member
    @westinvest
    Join Date: 2005
    Post Count: 88
    June 14, 2005 - 12:38 pm

    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.
    Regards

    Profile photo of bderrybderry
    Participant
    @bderry
    Join Date: 2004
    Post Count: 8
    June 14, 2005 - 1:38 pm

    what is the make up of geraldtons economy?
    past impressions tell me agriculture but I bet it’s not that now
    anyone??

    Profile photo of munecita20027739munecita20027739
    Member
    @munecita20027739
    Join Date: 2003
    Post Count: 26
    June 15, 2005 - 8:07 am

    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.

    Very Happy :)

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