10 Wattle Avenue, Geraldton WA 6530

10 Wattle Avenue, Geraldton WA 6530
Cul-de-sac position | elevated city views | renovation opportunity | 814sqm lot with R12.5/40 zoning This property offers a rare combination of quiet cul-de-sac positioning and elevated views across Geraldton, which are competitively scarce in this price bracket. The 814 square metre lot with R12.5/40 zoning provides genuine future flexibility, while the solid brick construction and included furniture reduce immediate outlay for a buyer planning a renovation. The property is best suited to a buyer who can see past current condition and values land position over turnkey finish, particularly families wanting proximity to Geraldton Primary School and the city centre. The main risk is the renovation requirement, which carries cost uncertainty and time before the property becomes comfortable or rentable at its potential $635 per week. The termite inspection being completed in 2025 is a positive signal, but a buyer should commission their own structural assessment before committing. The opportunity lies in adding value through renovation on a well-zoned block with deep sewerage connected โ€” a logical hold for 3 to 5 years, then either sell or develop the rear portion if zoning permits.

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

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Market Insight:

Geraldton is a high-growth regional coastal centre, attracting buyers seeking value and liveability beyond capital cities. This demand, coupled with constrained property listings, has driven exceptionally strong recent price appreciation. The market is characterised by tight rental supply and robust yields. Sustained growth is underpinned by its regional hub status, though affordability and sensitivity to broader economic conditions remain key considerations.
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PropCred Estimated Value

Bedrooms

4

Bathroom

1

Parking

3

Land

814mยฒ

Assessments Delivered Today

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