Waggrakine at a glance
3,031
People
$635,500
Median sale
$624/wk
Median rent
5.11%
Suburb gross yield
Median sale from 38 recorded sales (last 12 months) — a Districts calculation.
WA › Waggrakine › Kultown Dr
$699,000
For sale
Asking
$525,000
Last sold
10 June 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
883 m²
Land
Districts View
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
$699,000
Asking · $792/m² of land
Last recorded sale $525,000 (10 June 2024).
Local land rate: recorded House sales in Waggrakine (last 5 years) with land size have a median of $586/m² of land (n=90). Districts calculation from recorded sales — not a valuation.
Waggrakine at a glance
3,031
People
$635,500
Median sale
$624/wk
Median rent
5.11%
Suburb gross yield
Median sale from 38 recorded sales (last 12 months) — a Districts calculation.
Vs Waggrakine
+10.0%
Median sale
Suburb $635,500
-0.47 pp
Gross yield
Suburb 5.11%
Suburb median $635,500 from 38 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$31,143 on top of the price (4.5% 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 Waggrakine'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 883 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 $624/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 4.6%. 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 883 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
Waggrakine at a glance
3,031
People
$635,500
Median sale
$624/wk
Median rent
5.11%
Suburb gross yield
Median sale from 38 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Geraldton Property TeamPositioned in the ever-popular Forrester Park pocket of Waggrakine, this is the kind of investment that ticks the boxes from day one.
With a quality tenant already in place until 9 July 2027, returning $690 per week, you'll enjoy immediate rental income without the vacancy, advertising or leasing costs.
Set on a generous 883sqm block, this spacious family home continues to attract exactly the type of tenants investors love-those looking for space, multiple living areas and a family-friendly location close to schools, shopping and the beach.
Offering four bedrooms, two bathrooms, multiple living zones, excellent storage and rear access to additional garage/workshop space, this is a practical, well-designed home with long-term investment appeal.
FEATURES YOU WILL LOVE:
* 4 bedrooms
* 2 bathrooms
* Leased for $690 per week until 09/07/2027
* Spacious master suite with walk-in robe and ensuite
* Multiple living areas including formal lounge + open plan kitchen/living/dining
* Well-appointed kitchen with excellent bench space and storage
* Built-in robes to bedrooms
* Multiple linen/storage cupboards throughout
* Air conditioning comfort
* Ceiling fans
* Outdoor patio entertaining area
* Rear access to additional garage/workshop space
* Double parking options
* Brand new blinds and carpet
* Ensuite is needing a new waterproof membrane and will be sold in 'as is' condition
* Solar Panels
* Rain Water Tank
* Built in 1998
* Generous 883sqm block
* Council rates $3.150 p/a (approx.)
* Water rates $1,603 p/a (approx.)
LOCATION
* Beach 3 km
* Glenfield Shopping Centre 2 km
* Waggrakine Primary School 900 m
* Geraldton CBD 7 km
WHAT NEXT
If you're in the market for a quality home or a secure investment in our region, this could be the perfect fit. We'd love to share more details, arrange a private inspection, or simply have a conversation about your criteria and how we can find the right property for you in Geraldton. Feel free to call or inquire at your convenience We are here to help you make your next move with confidence by contacting Lara, Warrick, Darren or Charlotte from Team Sadowski/Nevill 0455 195 799
"Demonstrating the Difference in Real Estate, One Property at a Time"
DISCLAIMER: The contained description is for advertising and marketing purposes only. Every care has been taken with the preparation of the information supplied. We can not guarantee their accuracy and accept no responsibility for the results of any actions taken, or any reliance placed upon this document. All interested persons are advised to make their own enquiries & satisfy themselves in all respects. The particulars contained in the text are not intended to form part of any contract.
Listing description written by Team Sadowski/Nevill, Geraldton Property Team — reproduced as published, not verified by Districts.