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WA › Wonthella › Fourth St

235 Fourth St, Wonthella WA 6530

For saleHouse for Sale

$675,000

For sale

Asking

4

Bedrooms

2

Bathrooms

3

Car spaces

405 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $675,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $675,000(Listing record · 12 June 2026)
  • FactLand 405 m²; no building size recorded.(Property record)
  • CalculationAsk is 23% above the Wonthella median recorded sale ($551,000, n=24, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Wonthella's advertised median rent ($460/wk), implied gross yield would be 3.54% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$675,000

Asking · $1,667/m² of land

No recorded sale for this property.

Wonthella at a glance

1,775

People

$551,000

Median sale

$460/wk

Median rent

4.34%

Suburb gross yield

Median sale from 24 recorded sales (last 12 months) — a Districts calculation.

See the full Wonthella report →

Vs Wonthella

+22.5%

Median sale

Suburb $551,000

-0.80 pp

Gross yield

Suburb 4.34%

Suburb median $551,000 from 24 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$675,000
Stamp Duty (Western Australia)
$26,078
Transfer/Registration Fee
$225
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$705,003

$30,003 on top of the price (4.4% extra)

  • Stamp Duty (Western Australia)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

Pre-filled with Wonthella's advertised median rent — not a rent for this listing.

Net yield
2.04%
Annual cashflow (pre-tax)
$-21,305
Interest cover (DSCR)
0.39
Annual rent
$23,920
Operating expenses
$10,125
Loan amount
$540,000
Annual interest
$35,100
Gross yield
3.54%

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.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$675,000available12 June 2026
  2. Listed$675,000available12 June 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

WA

Why this lot, not just this suburb

Why could this property outperform?

WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 405 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.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 3.5%. 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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 405 m² — that is not official geometry.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Wonthella in one glance

Wonthella at a glance

1,775

People

$551,000

Median sale

$460/wk

Median rent

4.34%

Suburb gross yield

Median sale from 24 recorded sales (last 12 months) — a Districts calculation.

See the full Wonthella report →

Keep researching

  • Why Wonthella? Read the area thesis →
  • What else is on the market in Wonthella →
  • Other records on Fourth St →

Listing material

Listed by Ray White Dongara

Smart Investment. Strong Potential. Prime Position.

A rare opportunity to secure a beautifully maintained home that perfectly balances lifestyle, convenience and investment potential, this impressive four-bedroom, two-bathroom residence is ideally positioned in one of Wonthella's most desirable locations.

Just a five-minute drive from Geraldton's CBD and moments from schools, shopping centres, medical facilities and pristine beaches, this property offers the ultimate blend of accessibility and relaxed coastal living. Whether you're looking for a family home, a lock-and-leave residence or a proven income-producing investment, this versatile property ticks all the boxes.

Built in 1997 on an easy-care 405sqm block, the home features approximately 132sqm of thoughtfully designed living space. The heart of the home is the spacious open-plan kitchen, dining and living area, creating a welcoming environment for everyday living and effortless entertaining. Split-system air conditioning and ceiling fans throughout provide year-round comfort, ensuring the home is as practical as it is inviting.

Read the full description

Step outside and you'll discover a property designed for easy living. The secure enclosed front carport offers peace of mind, while the substantial 7.5m x 5m rear garage/workshop provides excellent storage and workspace options. A fully enclosed patio entertaining area creates the perfect setting to relax with family and friends or unwind after a day exploring everything Geraldton has to offer.

Currently operating as a profitable Airbnb, the home has a proven track record as a successful short-stay accommodation business, presenting an outstanding opportunity for investors seeking immediate returns or buyers wanting the flexibility of additional income potential.

With its unbeatable location, low-maintenance design and established Airbnb success, this is a property that offers far more than just a place to live-it offers a lifestyle and an opportunity.

Property Features:

• Four spacious bedrooms

• Two bathrooms

• Built in 1997

• 405sqm block

• Approx. 132sqm of internal living area

• Open-plan kitchen, dining and living area

• Gas cooktop

• Split-system air conditioning throughout

• Ceiling fans throughout

• Electric hot water system

• Secure enclosed front carport

• Large rear garage/workshop/storage (approximately 7.5m x 5m)

• Fully enclosed patio and entertaining area

• Low-maintenance, easy-care grounds

• Currently operating as a profitable Airbnb

Council Rates: $2,750 per annum

Water Rates: $1,643 per annum

A quality home in a highly sought-after location, offering comfort, convenience and proven income potential just minutes from the heart of Geraldton.

All Offers Considered

Whether you're searching for a quality family home, a lock-and-leave lifestyle property or a proven investment with strong short-stay accommodation appeal, this exceptional Wonthella property deserves your attention.

All genuine offers will be considered.

For further information or to arrange your private inspection, contact Matthew Nugent on 0409 797 955.

Disclaimer: All information provided has been supplied to the best of the agent's knowledge. Buyers are encouraged to undertake their own due diligence and independent enquiries.

Listing description written by Matthew Nugent, Ray White Dongara — reproduced as published, not verified by Districts.

Property features

  • Ensuites: 1
  • Toilets: 2
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.