Show notes
Recorded live at REIWA Connect, we sat down with Lara Sadowski and Warwick Neville from Geraldton Property Team for a snapshot of one of regional WA's most talked-about markets.Geraldton's median house price has jumped from $350K pre-COVID to around $650K, and Lara and Warwick unpack exactly how it happened. From east coast investors buying sight unseen during lockdown to buyer's agent calls going from almost none to 60 a week to where we sit now.In this episode:The 0.2% vacancy rate and what it means for renters and investorsFirst home buyer reality: what $650K gets you and why bank of mum and dad is doing heavy liftingBuild costs jumping from $1,200 to $3,000 per square metreThe two-geared market: why $750K-$850K is the sweet spot while million-plus listings stallWhy Warwick says the market is at 11:59 on the property clock and their best advice for buyers and sellers over the next 12 monthsPlus the all-important verdicts on Geraldton's best coffee, pub meal and the mystery roadhouse pie.
