Beresford at a glance
1,524
People
$661,000
Median sale
$460/wk
Median rent
3.62%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
WA › Beresford › Chapman Rd
$685,000
Last sold
1 June 2023
4
Bedrooms
1
Bathrooms
0
Car spaces
751 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
Last sold
$685,000
1 June 2023 · derived via latest_sale
Local land rate: recorded House sales in Beresford (last 5 years) with land size have a median of $612/m² of land (n=45). Districts calculation from recorded sales — not a valuation.
Beresford at a glance
1,524
People
$661,000
Median sale
$460/wk
Median rent
3.62%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Vs Beresford
+3.6%
Median sale
Suburb $661,000
-0.13 pp
Gross yield
Suburb 3.62%
Suburb median $661,000 from 13 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
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 751 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. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. 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 751 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
Beresford at a glance
1,524
People
$661,000
Median sale
$460/wk
Median rent
3.62%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by The Agency PerthNOW UNDER CONTRACT
Beresford can be considered by many as having no peer when it comes to coastal real estate close to the CBD in Geraldton. It is known as the premier beachside suburb on the north side of town, adjacent to a sensational strip of coastline that is simply stunning.
Locals know the intrinsic value of securing a property in this area. You are buying into a predominantly owner-occupied location, with many friendly neighbors and relaxed faces strolling the coastal walk across the road with their family, friends & happy dogs.
This is a location where many plan to build their forever home. Once people move to Beresford, they very rarely sell to move elsewhere, which is evidenced by the very low level of sales in this area year after year.
So not only are you buying a gorgeous beachside residence on a generous block, but you are also buying into a lifestyle that is simply special.
THINGS YOU SHOULD KNOW
The property was initially constructed in the 1940s as a quaint home by the sea. While there have been some changes throughout the years, the reality is that this property offers three defined options for the lucky incoming purchaser:
1. You can simply move in and enjoy the location and residence at an affordable entry-level price for this type of location. Accessing a beachfront location with an established home is not something that generally exists at the asking price. The home has been lived in for the past few decades by the current owner, so the option exists to continue in this fashion.
2. In this location, it's difficult to overcapitalise, given there have been sales on the street that exceed two million dollars previously. So; you can bring your imagination and convert the current residence - should you desire, into a glorious coastal residence ideal for short-stay accommodation or your long-stay beachside home.
3. The land value is so high in this area with so few properties available that if you did want to start from scratch and build an entirely new residence, the property is still very well positioned for this third option to exist. Even if it were a combination of the three, live in for a bit and then move to future upgrading/construction when you truly understand how you would like to live in/utilise the location in the future.
As you enter the property and turn left, you will walk into a generously sized lounge room that overlooks the ocean. This room flows through to the open kitchen area. There is plenty of natural light flowing through from the front windows with the jet-blue ocean striking you in the morning as you take in your morning coffee with breakfast.
To the right of the entry is the master suite, well-proportioned with the ability for access to a walk-in storage area/nursery.
In general, the house appears fairly solid for a house built in its time, sitting adjacent to the beach.
There are a couple of obvious items that the new owner will be able to put their finishing personal touches on. Your private inspection can easily outline a few of those items. These include some patchwork and some maintenance in some of the wet areas. The current owner has wanted to leave the house as is so that the incoming owner may have full flexibility to make changes and upgrades to their own personal preferences. That said, this is a sensational property, but it's always good to have no surprises at your viewing on something as small as a few items that may need some attention. 😊
There are a couple of further bedrooms outside the master suite and a secondary open living area outside the formal lounge that extends towards the rear alfresco area on the eastern wing of the residence.
From the outdoor alfresco area, you will look out towards the rear gardens that have been utilised by the current owner to have a great sized lawn area surrounded by a rock pool garden bed. This area could easily remain the same or be converted to have the addition of a pool or spa area depending on how you envisage spending your weekends relaxing outdoors.
In summary, 238 Chapman Road in Beresford is a unique opportunity to secure a property in one of Geraldton's most sought-after locations. The property offers a combination of a gorgeous beach side residence on a generous block, along with a lifestyle that is simply one-of-a-kind.
Whether you are looking for a permanent residence or a holiday home, or you are a savvy investor looking for an opportunity to add value, this property has the potential to tick all your boxes.
INTERESTED?
Contact Joel Winkley today to arrange a viewing and to make all offers. You can reach Joel directly on 0417 977 593 or via email at joelw@theagency.com.au.
Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.
Listing description written by Joel Winkley, The Agency Perth — reproduced as published, not verified by Districts.