80b Mcaleer Dr, Mahomets Flats is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 603m2 and floor size of 126m2.
Built by one of Geraldton's quality builders, Pirone Homes in 1994 this easy to maintain double brick and tile home situated in Mahomets Flats is priced to sell fast and is perfect for the investor entering into the Geraldton property market.
With tenants in place until February 2018 paying $320.00 per week this equates to a 7.2% return on current asking price. Situated on a battle axe block makes this property more secure and generally quieter as you don't hear the traffic going past the verge.
Ideal for shift workers and easy to rent due to the close proximity to beaches, hospitals, schools and all of the facilities the nearby CBD has to offer.
The size of Mahomets Flats is approximately 1.0 square kilometres. There is 1 park, covering nearly 2.1% of the total area. The population of Mahomets Flats in 2016 was 828 people. By 2021 the population was 806 showing a population decline of 2.7% in the area during that time. The predominant age group in Mahomets Flats is 40-49 years. Households in Mahomets Flats are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mahomets Flats work in a professional occupation.In 2021, 61.40% of the homes in Mahomets Flats were owner-occupied compared with 57.40% in 2016.
Mahomets Flats has 509 properties. Over the last 5 years, Houses in Mahomets Flats have seen a 110.51% increase in median value, while Units have seen a 106.53% increase. As at 30 June 2026:
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