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Shire of Esperance, WA

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The Shire verges on the edge of the Goldfields-Esperance region of Western Australia. The LGA covers 42 thousand square kilometres and its seat of government is in Esperance, at the eastern end of the region.

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The Shire of Esperance is a small but growing community in the southwest of Western Australia. The Shire is a somewhat popular location for property investors due to good weather and rural lifestyle attracting reliable local tenants employed in the agriculture industry.

The land for sale in Esperance is a lot less expensive than in other LGAs and may be of interest for long-term property investors looking to develop and sell real estate at a profit..

The Shire’s property market is robust with many different types of properties on offer, including houses, holiday homes, farms. The variety of options available makes it easy for home buyers and investors to find the right home for their needs.

Find out more about this market by exploring the real estate data below.

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Suburb Heatmap Analysis

Property Market Snapshot

This page provides an overview of the LGA real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this council area. You are able to drill down to suburb-level data and charts which visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

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Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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Property Market in Shire of Esperance, WA

What other property markets are there near the Shire of Esperance, WA?

The Shire of Esperance is a local government area in the Goldfields-Esperance region of Western Australia.

How many people live in Shire of Esperance, WA?

There are approximately 14500 people living in roughly 7000 dwellings in total, with an average household size of 2.5.

What are current and planned infrastructure projects in Shire of Esperance, WA?

Among the main projects are the following: Esperance Greater Sports Ground Redevelopment, Esperance Tanker Jetty, New Esperance Jetty. You can find more information on the Western Australia Government website.

What is the main industry in Shire of Esperance, WA?

Such sectors as grain/cereal growing, wool/fat lambs, beef, cattle, pigs, fishing, fish processing, tourism, Esperance Port – shipping take the largest part of the employment.

What are the dominant demographic groups in Shire of Esperance, WA?

Among approximately 14500 people in Esperance (S) males and females make up to roughly 50% each group. The median age of people is 40 years. Children aged 0-14 years account for approximately 21% of the population, and those aged 65+ years account for 16%.

How is the unemployment rate trending in Shire of Esperance, WA?

Among approximately 6700 people employed, roughly 58% work full-time, 31% work part-time, and an estimated 5% are unemployed.

Suburbs/localities in this Local Government Area: Buraminya 6452, North Cascade 6445, Scaddan 6447, Grass Patch 6446, Salmon Gums 6445, Cape Arid 6452, Israelite Bay 6452, Coomalbidgup 6450, Dalyup 6450, Cascade 6450, Lort River 6447, Cape Le Grand 6450, Neridup 6450, Wittenoom Hills 6447, Mount Ney 6447, Howick 6450, Boyatup 6450, Beaumont 6450, East Munglinup 6450, Monjingup 6450, Gibson 6448, Myrup 6450, Merivale 6450, Condingup 6450, Pink Lake 6450, West Beach 6450, Bandy Creek 6450, Chadwick 6450, Nulsen 6450, Castletown 6450, Windabout 6450, Esperance 6450, Sinclair 6450

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