If you compare the increase in value of investment property in Esperance, 6450 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this WA suburb was 4.21%.
Over the longer term, Esperance has seen property prices show investors a -9.33% return over the last 3 years. This is an improvement over the last 12 months
LACK OF BUYER INTEREST may well be the reason that Esperance is offering property investors an average of -8.15. This rate of discount on properties puts Suburb at number 105th in terms of most discounted suburbs in WA
Using the current median advertised rental of $300 and the average annual increase in value of a median property of -1.16%, investors should hope to achieve an overall return of 4.59%