Suburb Profile Report for Esperance WA (6450)

Esperance House: Median price $367,500, Annual capital growth 0.71%, Number of sales 30, Weekly median advertised rent $300

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

Source: CoreLogic

  • House Report

Property investors who have had real estate in Esperance, 6450 should be pleased with this WA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 12.64%

Taking the average capital gain, or increase in median house value, Esperance,6450 has racked up an average of 12.64% over the period. This ranks it number 3214th in the whole country for real estate investors looking at median house price increases.

Property buyers and investors in Esperance 6450 should be seeing an average reduction in asking price of around -8.37% . This means that Esperance is holding prices well when compared to other suburbs in WA.

In the last year 30 properties changed hands in Esperance, which puts it as the 311th most active market in WA when comparing the number of sales per suburb.

Esperance, 6450’s gross rental yield is 4.24%

Metrics i HOUSE UNIT
$367,500 N/A
16.67% N/A
12.64% N/A
0.71% N/A
$300 N/A
30 N/A
4.24% N/A
83.72 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Below average (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
Chart Table
Recent sales & rentals