Suburb Profile Report for Esperance WA (6450)

Esperance House: Median price $327,000, Annual capital growth -0.90%, Number of sales 27, Weekly median advertised rent $300

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

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

Property value increases in Esperance have tracked just higher than the WA average of -2.74% over the last 12 months.

Across a shorter period, Esperance, 6450 has seen a median price increase of -2.39% over the last quarter.

Sellers are offering property buyers an average discount of -9.14% to buyers in Esperance at the moment, which is less than average for the rest of WA.

With the median price for a house in Esperance being $327000 and the advertised rent reaching $300 the gross rental yield for property investors calculates out to be 4.77%

Metrics i HOUSE UNIT
$327,000 N/A
-2.39% N/A
0.62% N/A
-0.90% N/A
$300 N/A
27 N/A
4.77% N/A
111.666666666667 N/A

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Balanced (H), Poor (U)
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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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