Esperance, WA 6450 is rated Prime in Handle's suburb model as at November 2026. The median house is $670,000 with a 4.8% gross yield, vacancy is 0.37%, and values have grown an average 13.5% a year over five years.
Every figure below is from the Handle suburb model, refreshed weekly. Esperance is the council area.
| Metric | Esperance | Esperance council | Context |
|---|---|---|---|
| Median house price | $670,000 | $670,000 | |
| Median rent | $610 / week | +22.0% in 12 months | |
| Gross rental yield | 4.8% | 4.8% | |
| Vacancy rate | 0.37% | 0.37% | 1 homes for rent |
| Days on market | 38 days | ||
| Stock on market | 0.44% | 6 listings, 34 sales a year | |
| Months of inventory | 1.8 | ||
| 12-month growth | +34.0% | ||
| 5-year growth (a year) | +13.5% | +88% cumulative | |
| 10-year growth (a year) | +10.4% |
A median Esperance house was worth about $356,000 five years ago. Today it is $670,000, a +88% change, or 13.5% a year. Over 10 years the average is 10.4% a year, and the last 12 months added +34.0%.
Past growth is not a guide to future growth. It tells you how the suburb has behaved, not what it will do next.
The median house in Esperance rents for $610 a week, a 4.8% gross yield. Rents have moved +22.0% over the last 12 months, and vacancy sits at 0.37%, well under the 1.5% line we treat as tight.
There are 6 houses listed for sale against roughly 34 sales a year, which is 1.8 months of stock. Homes take 38 days to sell on average. Low stock and quick sales usually mean buyers are competing for what is listed.
Esperance has about 2,080 residents, up -0.5% over 10 years. Median household income is $1,212 a week, 60% of the WA median. 47% of homes are owner-occupied, and 9% of mortgaged households are in mortgage stress.
Employment across Esperance, where 19% of jobs are in government-backed sectors like health, education and public administration.
Of the four signals our model scores, rental return and buyer demand lead for Esperance and community fundamentals trails. A suburb score is where we start, not where we stop: every property still has to pass our 29-check screen and fit your Exit Plan before we buy.
Data as at 9 November 2026 from SuburbsFinder, ABS Census and public project sources, scored by Handle's suburb model across 3,393 suburbs. Bands: Prime is roughly the top 10%, Strong the next 20%, Watch the next 15%. General information only, not financial advice. Past growth is not a guide to future growth.
Esperance is rated Prime in Handle's suburb model, in the top 10% of 3,393 Australian suburbs as at November 2026. The median house is $670,000 with a 4.8% gross yield and 0.37% vacancy. Whether it suits you depends on your borrowing, budget and plan, so we check every property against our 29-point screen before recommending it.
The postcode for Esperance, WA is 6450. Esperance is in the Esperance local government area.
The median house price in Esperance, WA is $670,000 as at November 2026, against $670,000 across Esperance. Values moved +34.0% over the last 12 months and averaged 13.5% a year over five years.
A median house in Esperance rents for $610 a week, a gross rental yield of 4.8%. Rents changed +22.0% over 12 months.
Vacancy in Esperance is 0.37%. Below 1.5% is generally a tight rental market, which supports rents and shortens the time to find a tenant.
Employment across Esperance is led by agriculture, forestry and fishing, health care and social assistance, education and training, with 19% of jobs in government-backed sectors. Homes sell in about 38 days with 1.8 months of stock.
Written by Ahijith (AJ) Chandra, co-founder of Handle Properties. Updated weekly; data as at 9 November 2026. Handle Properties is a licensed buyers agency, not a financial adviser.
Located in the dynamic state of WA (postcode 6450), ESPERANCE is a vibrant real estate market. This suburb holds a median house price of $384,000 and has demonstrated an average buying growth of Up 8.6%. Last month, 20 houses were available, with 36 transactions completed in the past year. Properties spend around 68 days on the market, reflecting the area's demand with 206 interested buyers. The average rental yield stands at 4.8%, with a weekly median rent of $290 per week and an average rent growth of Up 5.7%. Rental properties usually stay on the market for 18 days. The population in 2016 was 2153, which changed by +3.20% in the past five years. The median weekly household income is $935, reflecting an income change of +16.15% over the past five years. Residents have a median age of 49 years, and the suburb has an average annual growth for houses of +0.54%. To fully take advantage of ESPERANCE's prosperous real estate market and substantial buyer interest, rely on Handle Properties. As the best buyers agent in ESPERANCE, Handle provides end-to-end property investment services, backed by data and experts.
The quantitative data below has been compiled on 30th May 2023 from a range of third party sources using a variety of manual methods. Handle does not guarantee the accuracy of this data shown below.