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WA › Bunbury › Upper Esplanade

2/20 Upper Esplanade, Bunbury WA 6230

For saleHouse

$700,000

For sale

Asking

3

Bedrooms

1

Bathrooms

2

Car spaces

306 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $700,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $700,000(Listing record · 7 May 2026)
  • CalculationRecorded House sales in Bunbury (last 5 years) with land size: median $1,408/m² of land (n=34). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 20% below the Bunbury median recorded sale ($870,000, n=23, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Bunbury's advertised median rent ($620/wk), implied gross yield would be 4.61% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

The ask against the evidence

Asking

$700,000

Asking · $2,288/m² of land

No recorded sale for this property.

Local land rate: recorded House sales in Bunbury (last 5 years) with land size have a median of $1,408/m² of land (n=34). Districts calculation from recorded sales — not a valuation.

Bunbury at a glance

4,440

People

$870,000

Median sale

$620/wk

Median rent

3.71%

Suburb gross yield

Median sale from 23 recorded sales (last 12 months) — a Districts calculation.

See the full Bunbury report →

Vs Bunbury

-19.5%

Median sale

Suburb $870,000

+0.90 pp

Gross yield

Suburb 3.71%

Suburb median $870,000 from 23 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$700,000
Stamp Duty (Western Australia)
$27,265
Transfer/Registration Fee
$225
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$731,190

$31,190 on top of the price (4.5% extra)

  • Stamp Duty (Western Australia)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Western Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Bunbury's advertised median rent — not a rent for this listing.

Net yield
3.11%
Annual cashflow (pre-tax)
$-14,660
Interest cover (DSCR)
0.60
Annual rent
$32,240
Operating expenses
$10,500
Loan amount
$560,000
Annual interest
$36,400
Gross yield
4.61%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$700,000available7 May 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

WA

Why this lot, not just this suburb

Why could this property outperform?

WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 306 m² — that is not official geometry. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $620/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 4.6%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 306 m² — that is not official geometry.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Bunbury in one glance

Bunbury at a glance

4,440

People

$870,000

Median sale

$620/wk

Median rent

3.71%

Suburb gross yield

Median sale from 23 recorded sales (last 12 months) — a Districts calculation.

See the full Bunbury report →

Keep researching

  • Why Bunbury? Read the area thesis →
  • What else is on the market in Bunbury →
  • Other records on Upper Esplanade →

Listing material

Listed by Elders Real Estate South West Bunbury

GUIDING $700,000's

Just one street away from Bunbury's oceanfront is this low maintenance, freestanding 3 bedroom 1 bathroom home, set in a quiet street, with great neighbours!

Think of the lifestyle it offers… how about a morning stroll along the waterfront? Or an evening stroll into the city centre? Maybe a meal, a few drinks, and a leisurely walk home again.

When it comes to lifestyle, you'll be hard-pressed to find anything better than this.

Read the full description

With your own private driveway leading to a double lock-up garage, providing security for your vehicles, and a little bit of peace of mind, being sheltered from the weather.

With a huge open plan living area, that commands a stunning view of the ocean! Air-conditioned, with easy care vynil strip flooring that flows throughout, with room for a decent sized table as well, all overlooked by the very well-equipped kitchen, with more than ample bench space, a double sink, stainless steel gas hot plate and electric wall oven, finished off with overhead cupboards for extra storage.

The living area opens out through double sliders to a wraparound patio across the rear and side of the home is a fabulous sheltered private area to entertain the family and friends at the end of the day, and there is even that stunning view of those crystal blue waters Bunbury is so well known for.

All three bedrooms have robes, offering great storage, and the master bedroom having easy access to the bathroom, with bath, shower and even a 2nd w/c. While there is also one off the laundry.

This amazing location is highly sought after, so don't delay! Contact Exclusive Agent and Auctioneer Roslyn Ierace today on 0407 529 398

• 1991 built freestanding brick tile home

• 3 bedroom 1 bathroom 2 Toilets

• 306m2* block

• 99m2* of living

• Open plan living

• Built in robes

• Skirting boards

• Easy care timber look floors

• Ceiling fan to master

• Carpeted bedrooms

• Sheltered outdoor entertaining area

• Reverse cycle air-conditioning

• Double lock-up garage

• Just one street from the ocean

Shire rates $2,814.88*

Water rates $1,313.53*

Strata fees $2,880.00*

This property is for sale by Openn Negotiation (Online auction with flexible conditions)

The auction has commenced, and the property could sell as early as tomorrow.

Contact Exclusive Agent Roslyn Ierace immediately to become qualified or you could miss out!

(The sellers reserve the right to sell prior) Register to watch the auction at openn.com.au

Buyers Note: All measurements/dollar amounts are approximate only and generally marked with an * (Asterix) for reference. Boundaries marked on images are a guideline and are for visual purposes only. Buyers should complete their own due diligence, including a visual inspection before entering into an offer and should not rely on the photos or text in this advertising in making a purchasing decision.

Listing description written by Roslyn Ierace, Elders Real Estate South West Bunbury — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Courtyard
  • Living Areas: 1
  • Remote Garage
  • Secure Parking
  • Toilets: 2
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.