Why Geraldton
Thin market · ~3k residents10.6%/yr capital growth, population +12.6% (5y).
Drivers
- Capital growth10.6%/yr
- Population growth+12.6% (5y)
- Income growth+15.0% (5y)
Risks
- Only 3,246 residents — illiquid, slow to sell
- No major construction project in this state