Geraldton at a glance
3,431
People
$590,000
Median sale
$460/wk
Median rent
4.05%
Suburb gross yield
Median sale from 43 recorded sales (last 12 months) — a Districts calculation.
$399,000
For sale
Asking
3
Bedrooms
1
Bathrooms
3
Car spaces
976 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Asking
$399,000
Asking · $409/m² of land
No recorded sale for this property.
Geraldton at a glance
3,431
People
$590,000
Median sale
$460/wk
Median rent
4.05%
Suburb gross yield
Median sale from 43 recorded sales (last 12 months) — a Districts calculation.
Vs Geraldton
-32.4%
Median sale
Suburb $590,000
+1.94 pp
Gross yield
Suburb 4.05%
Suburb median $590,000 from 43 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$16,893 on top of the price (4.2% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Western Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Geraldton's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
WAWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 976 m² — that is not official geometry. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $460/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Gross yield if leased at the suburb aggregate is 6.0%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 976 m² — that is not official geometry.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Geraldton at a glance
3,431
People
$590,000
Median sale
$460/wk
Median rent
4.05%
Suburb gross yield
Median sale from 43 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Professionals GeraldtonSET DATE SALE
This property is being offered for sale via Set Date Sale, with all offers to be presented at 4pm (AWST) on 18th September 2026. The seller reserves the right to accept an exceptional offer prior to this date. The property will be sold in "as is" condition. Buyers are encouraged to complete their due diligence early and submit their best offer by the set date.
Properties on streets like this don't come back to market often. When they do, they move fast.
1 Jasmin Street sits on one of Geraldton's genuinely best-held streets - positioned high with ocean glimpses, where homes hold value, where character matters, where the fundamentals are genuinely solid. A 976 sqm corner block. R40 zoned. Sewer connected. Dual street presence with impressive side access.
The fundamentals are extraordinary.
Look at the old photos of this place. It was stunning. High ceilings. Original finishes. Gorgeous details. Real character. The kind of home that made people stop and look. It's been neglected, but underneath the wear and the years is a beautiful classic property - solid double brick and tile built in approx. 1967 - waiting to be restored to its former glory.
3 bedrooms, 1 bathroom, sun room. High ceilings throughout. Original details that speak to real craftsmanship. Established gardens. A patio overlooking mature greenery. The bones are genuinely solid.
And here's the thing: when you restore period homes with character like this - keep what makes them special, refresh what's needed - they sell well when it's done right. Because restored character homes on blocks this size, in locations this good, are rare.
For Developers: R40 zoned. 976 sqm corner block. Subdivision potential is genuine - preliminary assessment suggests 3-4 separate residential lots could be achieved, subject to City of Greater Geraldton planning approval. That's serious development upside on premium street positioning.
For Seasoned Renovators with Vision: Restore the character, not destroy it. Keep what makes this home special - the high ceilings, the original finishes, the architectural details - and refresh everything else. That's where the real upside sits.
For Owner-Occupiers & First Home Buyers: Imagine this home restored. High ceilings. Original character preserved. Modern amenities. Ocean views. Established gardens. A corner block on Geraldton's best street.
This is not a property that comes back to market regularly. Streets like this are finite. Land of this size, in this location, with this zoning, simply doesn't appear often.
For the buyer who understands what rarity actually means - character, lifestyle, genuine growth potential, and lasting value - this is your moment.
A full video walkthrough is available upon request. The property is being sold as-is / where-is. Buyers should conduct their own due diligence and seek planning advice regarding subdivision potential.
Bring your vision. Bring your respect for the architecture.
Water Rates: $1,643.28 p.a
Council Rates: $2,950.00 p.a
SET DATE SALE
This property is being offered for sale via Set Date Sale, with all offers to be presented at 4pm (AWST) on 18th September 2026. The seller reserves the right to accept an exceptional offer prior to this date. The property will be sold in "as is" condition. Buyers are encouraged to complete their due diligence early and submit their best offer by the set date.
Want first access to rare opportunities like this?
Follow @JessWolfeProperty on Instagram and Facebook for restoration opportunities and properties with genuine potential.
What's your property worth?
Reach out to Jess for a confidential chat about your home's value in today's Geraldton market.
Jess Wolfe | 0421 668 375 | jess@professionalsgeraldton.com.au
Disclaimer: Whilst every care has been taken in the preparation of this advertisement, accuracy cannot be guaranteed. To the best of our knowledge the information listed is true and accurate but may be subject to change without warning at any time, which is often out of our control. Prospective tenants and purchasers should make their own enquiries to satisfy themselves on all pertinent matters. Details herein do not constitute any representation by the Owner or the Agent and are expressly excluded from any contract.
Listing description written by Jess Wolfe, Professionals Geraldton — reproduced as published, not verified by Districts.