11 Zamia Street

Rangeway WA 6530

692 m²

House

Will McKenzie, last sold this property on 09 March 2026 after 17 days on market.

Overview

Potential 5.3% GROSS ROI

11 Zamia Street, Rangeway presents a straightforward investment opportunity in one of Geraldton's most active entry-level markets. Offered with vacant possession, the property is rent-ready with a current rental estimate of $420-$440 per week, equating to an approximate gross yield of 5.0% - 5.3% at $430,000. Set on a 692m2 block, the home includes: 3 bedrooms 1 bathroom Additional games room / second living area Side access to double colourbond carport Enclosed workshop The layout is practical. The block size is attractive. The side access and workshop add usability for tenants, which supports leasing appeal in this price bracket. Rangeway continues to see consistent buyer and investor activity due to its affordability and improving price trajectory. Properties at this level remain accessible compared to other Geraldton suburbs, while still offering land size and rental demand. Council Rates: Approx. $2,270 p.a. Water Rates: Approx. $295 p.a. For investors focused on numbers, entry price and rental demand, this is a clean, uncomplicated opportunity. 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.

Features

3 bedrooms

1 bathroom

2 carspaces

2 carport spaces

692 m² lot size

House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Rangeway over the last 12 months, the estimated median property value of 11 Zamia Street is $375k.

Median value

$375k

Estimated value range

$210k - $517.5k

Median days on market

Estimated value trend

25%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Rangeway. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 11 Zamia Street

2026

Sold

09 Mar 2026 by Will McKenzie, of Professionals Geraldton

2023

Sold

$200,000

Private Sale/Treaty on 24 Dec 2023 by Will McKenzie, of Professionals Geraldton

Happy sellers in Rangeway

We have insufficient information to provide an overview of customer satisfaction for Rangeway. Viewing the agent profiles, reviews and sales for Rangeway can provide insights for this location.