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Mahomets Flats suburb profile

Mahomets Flats is a coastal suburb located in the city of Geraldton, Western Australia, known for its relaxed beachside lifestyle and scenic ocean views. This suburb offers a peaceful residential environment with easy access to the stunning Indian Ocean, making it a popular choice for those seeking a laid-back lifestyle. Mahomets Flats is characterized by its mix of traditional and modern homes, catering to families, retirees, and professionals alike. The suburb's proximity to Geraldton's amenities, including shopping, dining, and recreational facilities, ensures convenience while maintaining a tranquil atmosphere. Its coastal charm and community spirit make Mahomets Flats an appealing destination for residents and visitors.

Mahomets Flats property market performance

Property growth+10.6%Past 12 months

Mahomets Flats has experienced a notable surge in house values over the past 12 months, with a 21.2% increase despite the current median house price remaining at $0. In contrast, the median unit price has not seen any change, also standing at $0. House sales have been minimal, with just 4 sold in the past twelve months, and a single unit sale, reflecting limited transaction activity in the area.

Interestingly, houses are moving quickly, with a median of just 10 days on the market over the last three months, while units show no change. The rental market for houses has been buoyant, with a 15.0% rise bringing averages to $575, whereas unit rents have remained unchanged.

HousesUnits
Median price
Past 3 months
N/AN/A
Change in value
Past 12 months
21.2%N/A
Sold
Past 3 months
41
Median days on market
Past 12 months
10N/A
Average rent
Past 12 months
$575N/A
Change in rent
Past 12 months
15.0%N/A

5 year median price trend for houses and units

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Mahomets Flats demographics

Mahomets Flats, located in the coastal region of Western Australia, offers a serene lifestyle with its close proximity to the ocean and natural surroundings. With a population of 806, this suburb provides a tight-knit community atmosphere, appealing to those who appreciate a quieter, more relaxed pace of life. The median age of 41 suggests a mature population, with a mix of families and long-term residents who enjoy the balance of coastal living and community spirit.

The suburb's housing landscape is diverse, with a significant portion of properties being rented, accounting for 38.3% of the housing market. This indicates a level of flexibility for those who may be transient or prefer not to commit to home ownership. Meanwhile, 29.3% of homes are owned outright, and 32.5% are owned with a mortgage, reflecting a stable base of residents who have invested in the area.

Family dynamics in Mahomets Flats are varied, with couple families without children making up 41.1% of the population, followed by couple families with children at 33.0%. One-parent families also form a notable part of the community, representing 23.4%. This diversity in family structures contributes to the suburb's inclusive and welcoming environment. With a median household income of $1406 per week, residents enjoy a comfortable standard of living, supported by the suburb's tranquil setting and community-oriented lifestyle.

Suburbs near Mahomets Flats

Some popular suburbs near Mahomets Flats include:

How does Mahomets Flats compare to nearby suburbs?

  • Median house prices: Mahomets Flats’s median house price is 35.7% higher than Beachlands’s.
  • House price growth: Over the past 12 months, house prices in Mahomets Flats have grown 10.1% higher than in Mount Tarcoola.
  • Unit price growth: Property prices in nearby Geraldton have risen 42.6% more than in Mahomets Flats over the past year.
  • Selling speed for houses: Properties in Mahomets Flats are selling 16.7% faster than in Beachlands.

Choose the right real estate agents in Mahomets Flats

There are 11 real estate agents in Mahomets Flats, but they don’t all deliver the same results.

Some agents have a much stronger presence in the suburb, with just 5 agents handling around 68.2% of all sales in the past year.

Commission rates in Mahomets Flats typically range from 2.25% to 3.13%. Comparing agents—including what they charge, what’s included, and how they structure their fees—is not only important when choosing an agent, the right structure can help ensure your chosen agent is motivated to achieve the best possible result.

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