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Esperance
AREA REPORTS

Esperance

Esperance - SUBURB PROFILE REPORT
POSTAL CODE: WA, 6450

house
unit

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 $352,000

The augmented property values in the suburb are trailing behind the territorial average of 14.43% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $350.

Home owners selling their properties and realtors in ESPERANCE usually have to wait an average of 84.6 days days before their assets are lifted off the market.

The WA suburb ranks 127th on the list of best yielding suburbs for rental properties in WA, posting a 5.17% return.

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

Data report can be found below

Esperance
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $352,000 $250,000
GROWTH REPORT
Median Quarterly 0% -3.85%
Median 12 month 6.67% 8.7%
Median 3 years 19.32% N/A
Median 5 years -0.85% N/A
10 years average annual 0.62% -0.91%
Weekly media advert. rent $350 $270
Time on Market 84.6 days 0.0 days
Gross Rental Yield Percent 5.17% 5.62%
demographics (median values)*
Total Population
13397
Weekly Household Income
1349
Household Size
2.50
Age
40
Monthly Loan Repayment
1721
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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