Geraldton is a smaller suburb in Western Australia within the Greater Geraldton local government area (postcode 6530). With a population of 3,246, the suburb has a mature demographic with a median age of 47. Households earn a median income of $59K per year, with an average household size of 2 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Geraldton is $345,000, having surged 15% over the past year. Units have a median price of $260,000 (+25.6% YoY). The current median weekly rent is $435. This gives a gross rental yield of approximately 6.6%. The median monthly mortgage repayment is $1,400.
Geraldton is served by 13 schools, including 7 primary, 3 secondary, 1 combined, 2 special. The average ICSEA score is 932, which is below the national average of 1,000. Public transport access includes 38 bus stops. Healthcare facilities include 1 public and 1 private hospitals.
From an investment perspective, Geraldton offers a gross rental yield of 6.6%, rated as high yield. Property prices sit below the state median ($345K/$951K), suggesting a potential value opportunity. The price-to-income ratio of 5.8x is considered affordable. House prices have moved +15.0% year-on-year.
Geraldton is a smaller suburb in Western Australia within the Greater Geraldton local government area (postcode 6530). With a population of 3,246, the suburb has a mature demographic with a median age of 47. Households earn a median income of $59K per year, with an average household size of 2 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Geraldton is $345,000, having surged 15% over the past year. Units have a median price of $260,000 (+25.6% YoY). The current median weekly rent is $435. This gives a gross rental yield of approximately 6.6%. The median monthly mortgage repayment is $1,400.
Geraldton is served by 13 schools, including 7 primary, 3 secondary, 1 combined, 2 special. The average ICSEA score is 932, which is below the national average of 1,000. Public transport access includes 38 bus stops. Healthcare facilities include 1 public and 1 private hospitals.
From an investment perspective, Geraldton offers a gross rental yield of 6.6%, rated as high yield. Property prices sit below the state median ($345K/$951K), suggesting a potential value opportunity. The price-to-income ratio of 5.8x is considered affordable. House prices have moved +15.0% year-on-year.