Should i build an investment property in Webberton?
Geraldton, WA 6530 is located within the Geraldton local government area, part of the Central Region in Western Australia.
1 Answer
Webberton is mostly industrial estate. It is situated alongside a 'low income' suburb (Spalding) which probably has the second highest crime rate in Geraldton (don't quote me on that - only going from my long term knowledge of Geraldton as I have lived here for 12 years).
There are many other, more affluent areas of Geraldton that are well worth investing in. Strathalbyn is in high demand (with almost no rental properties available and expected rent of around $400-$500pw) as is Deepdale. Other desirable suburbs of Geraldton are Bluff Pt, Wandina, Forrester Park, Drummond Cove and Tarcoola Beach. These suburbs would attract families and/or professional couples mostly. High crime areas of Geraldton to avoid are Rangeway, Spalding (as mentioned) and Utakarra.
I myself would invest in Strathalbyn or Deepdale. Large spacious blocks (1/2 acre+), relaxed, quiet, family atmospheres and both are minutes from the city centre.
Hope this information helps :).