Esperance at a glance
Median house
$430,000
Median unit
$320,000
Walk score
74
Very walkable
Population
2,080
Median age 52
The brief
What to know about Esperance.
The postcode for Esperance is 6450 (WA).
The median house price in Esperance is $430,000.
Esperance (6450) sits in the Ravensthorpe region of Western Australia. The median house here is $430,000, well below the Western Australia median of around $720K.
Esperance has roughly 2,080 residents, with a retiree-heavy demographic. Households are a roughly even mix of owners and renters. Day-to-day life here is very walkable, with most errands manageable on foot.
Side by side
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Median, growth, schools, walkability, all in one view.
Nearby suburbs
Day to day
What it’s like to live here.
Esperance scores 74/100 on walkability, which makes it very walkable with limited public transport. Coffee, groceries and a meal out are mostly walking-distance, which keeps a household viable on one car.
Schooling within or near the suburb covers 3 government primary, 1 government secondary, 1 Catholic, 2 independent.
Who lives here
Demographics.
The 2021 Census put Esperance's population at 2,080, with a median age of 52. That sits as a retiree-heavy demographic. Households are a roughly even mix of owners and renters (47% own, 45% rent), which shapes everything from school catchment stability to how often properties turn over. Lone-person households are notable here (49%), often a marker of unit-heavy stock and walkable infrastructure.
Population
2,080
Median age
52
Family households
48%
Lone person
49%
Demographics data as of May 2026· ABS 2021 Census
Houses change hands at $430,000 on a typical sale, well below the Western Australia median. Units come in around $320,000, roughly 26% below the house median.
For buyers
A 20% deposit on the median house works out to roughly $86,000. Prices are well below the Western Australia median, which keeps Esperance on the radar for first-home buyers and right-sizers.
Market
The price of a home here.
Median house price
$430,000
+0.0% over the past year. Median unit price $320,000.
Sales data as of December 2024· sales-abs
Rental and ownership
Weekly rent (house)
$265/wk
Weekly rent (unit)
$235/wk
Owner occupied
47%
Renter occupied
45%
At a deeper level
$430,000
$320,000
2,080
Median age: 52
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For investors
Investment overview.
Gross rental yield on houses sits at 3.20% (median rent $265/wk against a $430,000 price tag). Units yield 3.82% gross, often the better cash-flow play for first-time investors. With 45% of households renting, the leasing market is established and vacancy risk tends to be lower than in owner-dominated suburbs.
Gross Yield (House)
Source: ABS Data by Region (SA2-level, 2024) · Dec 20243.20%
Based on $430,000 median
Gross Yield (Unit)
Source: ABS Data by Region (SA2-level, 2024) · Dec 20243.82%
Based on $320,000 median
Annual Growth (House)
Source: ABS Data by Region (SA2-level, 2024) · Dec 2024–
Year-on-year capital growth
Annual Growth (Unit)
Source: ABS Data by Region (SA2-level, 2024) · Dec 2024–
Year-on-year capital growth
Owner Occupancy
Source: ABS Census 2021 · May 202647%
Higher = more owner-occupier demand
Days on Market
Source: ABS Data by Region (SA2-level, 2024) · Dec 2024–
Lower = higher buyer demand
Gross rental yield is annual rent divided by purchase price, before expenses. It does not account for vacancy rates, management fees, maintenance, or financing costs. Use this as a starting point for further research.
Getting around
Walkability.
74
0
100
Scores calculated from OpenStreetMap data (ODbL)
Walkability data as of May 2026· OpenStreetMap
Place
Location.
Amenities
Transport
Nearby suburbs
Education
Schools in Esperance.
Local schools for Esperance
View the catchment for each school to find out more.
Government School Catchment
Esperance Primary School
Nulsen Primary School
Esperance Senior High School
© ACARA, licensed under CC BY 4.0.
Frequently asked
About Esperance.
- What is the median house price in Esperance?
- The median house price in Esperance, WA 6450 is $430,000. The median unit price is $320,000.
- What is the Esperance postcode?
- Esperance is in the 6450 postcode, in WA, in the Ravensthorpe region.
- Where is Esperance?
- Esperance is a regional suburb in WA, postcode 6450, in the Ravensthorpe region.
- What is the average rent in Esperance?
- The median weekly rent for houses is $265, for units it's $235.
- What schools are in Esperance?
- There are 8 schools serving Esperance on this page, including Esperance Primary School, Esperance Anglican Community School, Esperance Christian School.
- How walkable is Esperance?
- Esperance has a Walk Score of 74 out of 100, very walkable. transit score 0, bike score 100.
- What suburbs are near Esperance?
- Esperance is close to West Beach, Sinclair, Nulsen, Chadwick, Castletown.
- What is the population of Esperance?
- The population of Esperance is approximately 2,080 (2021 Census). The median age is 52.
For Sale
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Surrounding Suburbs
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Sources cited
Median, growth and rental data from state revenue offices and ABS. Census from ABS 2021. Climate from BoM. Hazard from Geoscience Australia. School data from ACARA. Crime from state police open data. Full methodology →
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