5 Ilex Place, Rangeway, WA 6530 | Property Value & History | OnTheHouse
OFF MARKET

5 Ilex Place
Rangeway WA 6530

Bedrooms: 6
Bathrooms: 2
Car spaces: 8
Land area: 1220m2
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Property Details for 5 Ilex Pl, Rangeway

5 Ilex Pl, Rangeway is a 6 bedroom, 2 bathroom House with 8 parking spaces. The property has a land size of 1220m2.

Building Type
House
Land Size
1220m2
Local Government
Greater Geraldton
Lot/Plan
1958/P209877

Last Listing description (November 2023)

The phone enquiry code for this property is - 5566

Are you seeking a smart investment with proven returns or looking to get your feet wet into the rental game whilst having a place to live at the same time? Look no further! Explore the potential of owning not one but two renovated duplex units at 5 Ilex Place, Rangeway, WA 6530.


Fresh Renovations: Both units have undergone recent renovations, including kitchens, bathrooms, and flooring, ensuring an appealing living experience for new families or tenants.

Spacious Back Yards: Enjoy the luxury of expansive backyards for both units, offering tenants a private and relaxing outdoor space either for setting up entertainment areas or exercise areas for your pets. Both properties fit zoning size requirements to be sub divided further to construct 2 units on each property (check with local council as regulations may of changed by the time of viewing/settlement).

Stable and reliable Tenants: Benefit from a lucrative investment opportunity in an area with a high demand for good tenants. Both tenants have a proven rental history and take extremely good care for both properties.

Option to purchase just one unit is available. 5b will be $240,000, and 5a will be $220,000 due to the external painting and cladding still needs to be finished.

******5a has the cladding and external paint left to be finished. Prices will go up after the cladding is completed******

Property History for 5 Ilex Pl, Rangeway, WA 6530

A timeline of how this property has performed in the market
  • 22 Nov 2023
    Listed for Sale 420,000
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About Rangeway 6530

The size of Rangeway is approximately 1.8 square kilometres. It has 6 parks covering nearly 4.2% of total area. The population of Rangeway in 2016 was 1887 people. By 2021 the population was 1871 showing a population decline of 0.8% in the area during that time. The predominant age group in Rangeway is 0-9 years. Households in Rangeway are primarily single parents and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Rangeway work in a labourer occupation.In 2021, 59.30% of the homes in Rangeway were owner-occupied compared with 60.30% in 2016.

Rangeway has 988 properties. Over the last 5 years, Houses in Rangeway have seen a 224.08% increase in median value, while Units have seen a 80.06% increase. As at 30 November 2025:

  • The median value for Houses in Rangeway is $412,847 while the median value for Units is $317,537.
  • Houses have a median rent of $435 while Units have a median rent of $310.
There are currently 5 properties listed for sale, and 4 properties listed for rent in Rangeway on OnTheHouse. According to Cotality's data, 80 properties were sold in the past 12 months in Rangeway.

Suburb Insights for Rangeway 6530

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.