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WA › Geraldton › Francis St

26/20 Francis St, Geraldton WA 6530

For saleRetirement

$260,000

For sale

Asking

2

Bedrooms

1

Bathrooms

1

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $260,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $260,000(Listing record · 23 July 2026)
  • CalculationAsk is 56% below the Geraldton median recorded sale ($590,000, n=43, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Geraldton's advertised median rent ($460/wk), implied gross yield would be 9.20% — 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

$260,000

Asking

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.

See the full Geraldton report →

Vs Geraldton

-55.9%

Median sale

Suburb $590,000

+5.15 pp

Gross yield

Suburb 4.05%

Suburb median $590,000 from 43 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$260,000
Stamp Duty (Western Australia)
$7,315
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
$271,240

$11,240 on top of the price (4.3% 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 Geraldton's advertised median rent — not a rent for this listing.

Net yield
7.70%
Annual cashflow (pre-tax)
$6,500
Interest cover (DSCR)
1.48
Annual rent
$23,920
Operating expenses
$3,900
Loan amount
$208,000
Annual interest
$13,520
Gross yield
9.20%

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$260,000available23 July 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. 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 9.2%. 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.

  • 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

Geraldton in one glance

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.

See the full Geraldton report →

Keep researching

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

Listing material

Listed by For Sale By Owner

Refurbished 2-bedroom Lease for Life - Harbour Pines Retirement Village.

The Phone Code for this property is: 38966. Please quote this number when phoning or texting.

Independent Retirement Living at Harbour Pines Retirement Village

Discover the ease of independent retirement living with Unit 26, a beautifully refurbished two-bedroom unit available under Harbour Pines Retirement Village's Lease for Life model.

Read the full description

Thoughtfully updated throughout, Unit 26 offers a spacious open-plan living and dining area, a modern kitchen, two generous bedrooms with built-in robes, a stylish bathroom, reverse-cycle air conditioning and a private outdoor patio. Designed for comfort and practicality, the unit provides everything you need to enjoy a relaxed, low-maintenance lifestyle.

Harbour Pines Retirement Village is an established retirement community offering the benefits of independent living in a secure and well-maintained environment. Residents enjoy the peace of mind that comes with village living while maintaining the privacy and independence of their own home.

One of Harbour Pines' greatest strengths is its location. Conveniently situated in Geraldton, the village is close to shopping centres, medical facilities and the beautiful Geraldton foreshore. Residents can enjoy easy access to local museums, community events, cafés and a variety of exercise and wellness activities, making it easy to maintain an active, connected and enjoyable lifestyle..

The Lease for Life model provides long-term security of tenure while allowing residents to enjoy the lifestyle and community that Harbour Pines has to offer. It is an excellent option for those looking to simplify life without compromising on comfort, independence or quality.

If you're considering retirement living, Unit 26 presents an outstanding opportunity to secure a beautifully refurbished unit in one of Geraldton's most established retirement villages.

Features include:

Beautifully refurbished throughout

Two generous bedrooms with built-in robes

Spacious open-plan living and dining

Modern kitchen and stylish bathroom

Reverse-cycle air conditioning

Private outdoor patio

Lockable outdoor storage cupboard

Undercover parking

Secure, well-maintained retirement village

Convenient Geraldton location close to shops, medical services and the foreshore

Available under a Lease for Life arrangement

Contact us today to arrange a private inspection or to learn more about Harbour Pines Retirement Village and our Lease for Life Units

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner Pty Ltd (forsalebyowner.com.au) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.

Listing description written by For Sale By Owner (WA), For Sale By Owner — reproduced as published, not verified by Districts.

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.