Hello,
The majority of you have seen what happened in Gladstone. When I started recommending investing there the house and land packages were selling for $420K and renting for $420 per week. As you probably now know this is now the hottest property market in the country and those $420K investments now sell for $550K and rent for $700 per week.
Well I have been banging on about it for around 6 months now property prices are on the move in Geraldton WA. Please see the following article from the local Geraldton paper yesterday;
I started selling investments in Seacrest estate in Geraldton at $450K with rent of $450 per week. A massive benefit to buying a house and land package in Geraldton is that the these $450K house and land packages sell for around $500K as a completed product. This dynamic didn’t exist in Gladstone.The market is moving now, don’t miss the boat!!
To your success.
Chris Halpin
0438 833262
www.estatesforsale.com.au
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