Rangeway at a glance
2,200
People
$437,000
Median sale
$452/wk
Median rent
5.38%
Suburb gross yield
Median sale from 49 recorded sales (last 12 months) — a Districts calculation.
WA › Rangeway › Felicia St
$415,000
Last sold
16 Jan 2026
2
Bedrooms
1
Bathrooms
3
Car spaces
915.17 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
$415,000
16 Jan 2026 · derived via latest_sale
Local land rate: recorded House sales in Rangeway (last 5 years) with land size have a median of $409/m² of land (n=87). Districts calculation from recorded sales — not a valuation.
Rangeway at a glance
2,200
People
$437,000
Median sale
$452/wk
Median rent
5.38%
Suburb gross yield
Median sale from 49 recorded sales (last 12 months) — a Districts calculation.
Vs Rangeway
-5.0%
Median sale
Suburb $437,000
+0.28 pp
Gross yield
Suburb 5.38%
Suburb median $437,000 from 49 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 915 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 $452/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.
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 915 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
Rangeway at a glance
2,200
People
$437,000
Median sale
$452/wk
Median rent
5.38%
Suburb gross yield
Median sale from 49 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Professionals GeraldtonSet on a generous 915 m² R30-zoned allotment, this well maintained property presents an attractive opportunity for investors seeking immediate rental income combined with long-term land value and future flexibility.
The home is currently leased at $390 per week on a fixed-term tenancy until August 2026, providing secure income from reliable tenants who take genuine pride in the home and grounds. The property has been well cared for, with the tenants maintaining the yard and outdoor areas to a high standard.
Based on current market conditions, the market rent has been assessed at approximately $420 per week, offering potential upside over time.
With its large land holding and R30 zoning, the property offers future subdivision or development potential, subject to all relevant planning and authority approvals, making it well suited to investors looking to hold now and explore options in the future.
Conveniently located in Rangeway, close to schools, shops and the Geraldton CBD, this is a straightforward investment opportunity with income from day one and longer-term optionality.
Why Investors Love It:
• Fixed rental income of $390 per week
• Market rent assessed at approximately $420 per week
• Lease in place until August 2026
• Large 915 m² block
• R30 zoning
• Future subdivision or development potential (STCA)
• Established tenants who care for the property
• Convenient location close to amenities
Contact Will McKenzie on 0419 919 590 or enquire now to arrange a viewing.
Council: $2,200.00 p/a | Water: $289.66 p/a
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 & 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 Will McKenzie, Professionals Geraldton — reproduced as published, not verified by Districts.