50 African Reef Boulevard

Phone Enquiry ID: 230742 Discover Rare Coastal Acreage at 50 African Reef Boulevard, Greenough Your Elevated Ocean-View Sanctuary in Booming Geraldton. Geraldton Data from REIWA (June 2026): Median house price: $572,500, up 27.1% over the past year Median unit price: $345,000 Median land price: $305,000 Rental growth: 8.0%, median rent $540/week Fast-moving: houses selling in a median of 13 days on market Nearby suburbs also running hot: Beresford +31.1%, Beachlands +26.2%, Cape Burney +27.1%, Bluff Point +21.1% The 27.1% annual growth signifies the "strongest cycle in years" Imagine owning the highest-elevation property in the region, where breathtaking hinterland sunrises paint the sky each morning and spectacular ocean sunsets unfold over the Indian Ocean every evening. This exceptional ~1.982 ha (19,800 m²) acreage block at 50 African Reef Boulevard, Greenough, stands proud over looking the Westbank Estate with direct ocean viewsa truly one-of-a-kind lifestyle opportunity blending coastal charm, rural space, and unparalleled elevation. Make an Offer: https://buymyplace.com.au/on-the-market/make-an-offer Nestled in the sought-after Westbank Estate area of Greenough, just a short drive from Geraldton's vibrant amenities, this elevated site offers privacy, space for your dream home, sheds, gardens, or equestrian pursuits, all while capturing sweeping panoramic views. It's perfect for those seeking a relaxed coastal lifestyle with room to growfishing, surfing, beachcombing, and country living are all at your doorstep. Geraldton's Explosive Growth Position Yourself at the Heart of it. Geraldton and the City of Greater Geraldton are experiencing rapid transformation, making this the ideal time to secure a premium property. The region is projected to see strong population and economic expansion over the next 2 years and beyond, driven by resources, port upgrades, and regional appeal. Population Growth: Greater Geraldton's population has grown steadily (from ~38,634 in 2016 to around 41,00042,000 recently), with forecasts pointing to continued increases. Medium-growth scenarios project it reaching ~44,800+ by 2026 and significantly higher thereafter, aligning with Western Australia's broader boom (state population heading toward 3.5 million by 2033). Property Market Momentum: Geraldton's median house prices have surged (e.g., strong double-digit annual growth reported in recent quarters, with values climbing notably from prior years), fueled by affordability, high rental yields, coastal lifestyle, and investor interest. It's frequently highlighted as one of WA's top-performing regional markets. This rapid growth over the next 2 years is expected to drive further demand for unique properties like this one, supporting strong capital appreciation. Make an Offer: https://buymyplace.com.au/on-the-market/make-an-offer Infrastructure Driving Future Prosperity and Major projects are unlocking Geraldton's potential: Geraldton Port Maximisation Project (PMaxP): A $350 million investment modernizing the port, increasing capacity from ~16 to 25 million tonnes per annum. This will create jobs (up to 2,700 in construction), boost trade in iron ore, grain, minerals, and emerging commodities, and stimulate broader economic growth in the Mid West. Utilities and Services: The property benefits from established electricity and water services typical for the developed Greenough area (connected to regional networks, including proximity to renewable energy sources like the Greenough River Solar Farm). This ensures reliable, ready-to-build infrastructure for your vision. These developments, alongside WA's resources-driven momentum, position Greenough/Geraldton for accelerated growth in the coming years. Strong Valuation and Investment Potential - Recent estimates and comparable sales in the African Reef Boulevard area place this premium elevated acreage in a strong value range (around $600,000+ based on local data, with nearby blocks reflecting solid market interest). In a market with rising medians and limited ocean-view acreage supply, this property represents exceptional uniqueness and upside. Don't miss this rare chance to own a piece of Geraldton's future. Whether building your forever home or securing a high-potential investment, 50 African Reef Boulevard offers lifestyle, views, elevation, and growth potential like no other. Contact us today to arrange an inspection and secure your slice of coastal acreage before it's gone. Make an Offer: https://buymyplace.com.au/on-the-market/make-an-offer References drawn from ***, Property.com.au, REIWA, WA Government reports, Mid West Ports, and economic analyses (as of mid-2026). Market conditions can change; consult professionals for latest valuations and due diligence.