ESPERANCE 6450
State: WAPosiProp AI Investment Summary
ESPERANCE (WA 6450) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 5.0% and has experienced a 12-month capital growth of Up 36.6%, with a median house buy price of $662,500. This combination provides a high-yield positive cashflow potential for investment portfolios in Australia.
Market Yield & Price Indices
$448,000
$652,500
$775,000
$662,500
Suburb Market Profile
Last month Esperance had 7 properties available for rent and 6 properties for sale. Median property prices over the last year range from $662,500 for houses to $415,000 for units. If you are looking for an investment property, consider houses in Esperance rent out for $500 PW with an annual rental yield of 5.0% and units rent for $420 PW with a rental yield of 8.7%. Esperance has seen an annual compound growth rate of 36.6% for houses and 27.2% for units.