187 Horwood RoadWoorree WA 6530
Property Details for 187 Horwood Rd, Woorree
187 Horwood Rd, Woorree is a 18 bedroom, 9 bathroom Townhouse. The property has a land size of 9475m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in June 2022.
Last Listing description (July 2022)
Brand new to the market is this rare piece of real estate, consisting of 8 - 2 x 1 large brick and tile units, equipped with a fully functioning laundry and storeroom, just to get you started!
We all know that accommodation in Geraldton is extremely hard to get, but so are good returns on your investment. With banks paying rates of around .065%, this is something savvy investors should look at. Each unit has 2 large bedrooms, laundry, large living/dining room, bathroom, separate toilet, good storage, some with modern kitchens and all have a large private fenced back yard. These units are fully tenanted, returning approximately 7.5%!! To add to your investment, there is also a 3 x 1 older house, also gaining $100/week, and a huge block out the back. So, if you wanted to knock the old place down and build more units - council allowing - this could increase your return even more.
The whole parcel of land, which is on one title, is a whopping 2.34 acres, which faces Horwood Road. This property is only 9 minutes to the CBD of Geraldton! What are you waiting for?
Property History for 187 Horwood Rd, Woorree, WA 6530
- 01 Jun 2022Sold for $1,100,000
- 24 Sep 2021Listed for Sale SOLD - $1,100,000
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0About Woorree 6530
The size of Woorree is approximately 5.0 square kilometres. It has 2 parks covering nearly 2.0% of total area. The population of Woorree in 2016 was 1341 people. By 2021 the population was 1295 showing a population decline of 3.4% in the area during that time. The predominant age group in Woorree is 50-59 years. Households in Woorree are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Woorree work in a trades occupation.In 2021, 90.20% of the homes in Woorree were owner-occupied compared with 87.80% in 2016.
Woorree has 586 properties. Over the last 5 years, Houses in Woorree have seen a 140.71% increase in median value. As at 30 November 2025:
- The median value for Houses in Woorree is $633,191 while the median value for Units is $386,393.
- Houses have a median rent of $360.
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