Suburb Profile Report for Esperance WA (6450)

Esperance House: Median price $372,500, Annual capital growth 1.48%, Number of sales 38, Weekly median advertised rent $300

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

WA has seen average median house prices change by -4.17% which means that Esperance, 6450 has not done well for property investors by showing a capital gain of 18.25% over the last year

The five-year average increase in median property values for Esperance,6450 has given property investors a potential capital gain of 3.47% across each of those five years.

At number 68th of WA’s most discounted properties, Esperance is in the bottom 20% of the state/territory when listing in order of most discounted to least.

A $300 per week rent on the median house gives suburb investors a gross yield of circa 4.19%, without taking into account capital value appreciation, which has been averaging out at 1.48%.

Metrics i HOUSE UNIT
$372,500 N/A
11.19% N/A
18.25% N/A
1.48% N/A
$300 N/A
38 N/A
4.19% N/A
75.75 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Balanced (H)
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Demographics
Total population 2086
Median household income ($/weekly) 780
Median age of persons 48
Median housing loan repayment ($/monthly) 1361
Average household size 2
  • Census Count Percent(%)
    35-44 years 213 10.2
    45-54 years 317 15.2
    55-64 years 236 11.3
    65-74 years 217 10.4
    75-84 years 238 11.4
    Others 865 41.5
    Age Group
    Census Count Percent(%)
    Not Married 742 50.5
    Registered Married 572 38.9
    Defacto Relationship 156 10.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 1567 81.3
    Papua New Guinea 71 3.7
    South Africa 18 0.9
    United Kingdom 153 7.9
    Other 41 2.1
    Others 77 4.0
    Country of Birth
    Census Count Percent(%)
    Christianity 1225 66.8
    No Religion 580 31.6
    Buddhism 13 0.7
    Other Religious Groups 9 0.5
    Hinduism 6 0.3
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 110 14.0
    $400-$599 129 16.4
    $600-$799 104 13.2
    $800-$999 74 9.4
    $1,500-$1,999 77 9.8
    Others 293 37.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 704 42.3
    Employed, worked full-time 511 30.7
    Employed, worked part-time 318 19.1
    Employed, away from work 80 4.8
    Unemployed, looking for work 51 3.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 108 11.9
    Professionals 130 14.3
    Technicians & trades workers 157 17.3
    Clerical & administrative workers 109 12.0
    Labourers 139 15.3
    Others 266 29.3
    Occupation
    Census Count Percent(%)
    Pre-school 20 6.2
    Infants/Primary 137 42.2
    Secondary 100 30.8
    Technical or Further Educational Institution 37 11.4
    University or other Tertiary Institutions 21 6.5
    Others 10 3.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1230 68.8
    Semi-detached, row or terrace house, townhouse 353 19.7
    Flat, unit or apartment 179 10.0
    House or flat attached to a shop, office 17 1.0
    Caravan, cabin, houseboat 10 0.6
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 428 49.7
    Fully owned 282 32.7
    Being purchased 145 16.8
    Other tenure type 7 0.8
    Tenure Type
Census 2011, ABS
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