WA/
Esperance

Suburb Profile

Esperance - FREE SUBURB PROFILE REPORT
POSTAL CODE: WA,6450

house
unit

A 4.21% increase in median property prices in ESPERANCE, 6450 has allowed this suburb to join the ranks of best performing suburbs in WA, settling at number 55th.

It also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $340,000

The augmented property values in the suburb are trailing above the territorial average of -3.68% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $315.

Home owners selling their properties and realtors in ESPERANCE usually have to wait an average of 110.7 days days before their assets are lifted off the market.

The WA suburb ranks 97th on the list of best yielding suburbs for rental properties in WA, posting a 4.82% return.

It also places places 347th in Australia based on median property value growth during the quarter.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $340,000 $205,500
GROWTH REPORT
Median Quarterly -6.85% N/A
Median 12 month 4.21% N/A
Median 3 years -2.86% -26.61%
Median 5 years -11.69% N/A
10 years average annual -0.12% N/A
Weekly media advert. rent $315 $260
Time on Market 110.7 days 0.0 days
Gross Rental Yield Percent 4.82% 6.58%
demographics (median values)
Total Population
2235
Weekly Household Income
685.5
Household Size
2.00
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type
promoted stories