27 Utakarra Road, Rangeway WA 6530

27 Utakarra Road, Rangeway WA 6530
Large R30 block | rare in Rangeway | no overlays | infill demand zone This is a competitively strong vacant lot because of its size and zoning. A 908 mยฒ block with R30 zoning is uncommon in Rangeway, and it offers genuine flexibility for an owner-builder or a small developer. The absence of bushfire, flood, or heritage overlays reduces planning risk, which matters when you are committing to a build. The property sits in an established suburb with schools and shopping within reach, making it suitable for a family looking to build a home without paying a premium for a finished house. The lot itself is the advantage hereโ€”its dimensions and zoning give it a redevelopment edge over standard suburban parcels. What may materially affect the value is the gap between the last sale price and current expectations. The property last changed hands for a significantly lower figure, and while market conditions shift, that difference warrants a careful check on local demand and development costs. The rental yield estimate suggests income potential if a dwelling is built, but that depends on build costs and timing. An R30 zone may allow a duplex or grouped dwelling, which could lift the property’s end value, but that is contingent on council approval and site suitability. A buyer should verify what can actually be built on this lot before forming a price view.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 27 Utakarra Road, Rangeway WA 6530
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Market Insight:

Rangeway is a high-growth, affordable suburb within Geraldton, positioned as a top-performing regional market. Demand is driven by interstate investors and local renovators, attracted by its entry-level pricing. This has fueled exceptionally strong recent price appreciation and a rapid sales environment. Future growth is supported by sustained external demand, though risks include potential momentum loss from affordability pressures and a modestly declining population base.
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PropCred Estimated Value

Bedrooms

-

Bathroom

Parking

-

Land

908mยฒ

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