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WA › Esperance › The Esplanade

U6, 3 The Esplanade, Esperance WA 6450

For saleTownhouse

$1,200,000

For sale

Asking

3

Bedrooms

3

Bathrooms

2

Car spaces

288 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,200,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,200,000(Listing record · 15 July 2026)
  • CalculationAsk is 60% above the Esperance median recorded sale ($750,000, n=15, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Esperance's advertised median rent ($494/wk), implied gross yield would be 2.14% — 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

$1,200,000

Asking · $4,167/m² of land

No recorded sale for this property.

Esperance at a glance

2,158

People

$750,000

Median sale

$494/wk

Median rent

3.43%

Suburb gross yield

Median sale from 15 recorded sales (last 12 months) — a Districts calculation.

See the full Esperance report →

Vs Esperance

+60.0%

Median sale

Suburb $750,000

-1.29 pp

Gross yield

Suburb 3.43%

Suburb median $750,000 from 15 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,200,000
Stamp Duty (Western Australia)
$52,916
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
$1,256,841

$56,841 on top of the price (4.7% 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 Esperance's advertised median rent — not a rent for this listing.

Net yield
0.64%
Annual cashflow (pre-tax)
$-54,712
Interest cover (DSCR)
0.12
Annual rent
$25,688
Operating expenses
$18,000
Loan amount
$960,000
Annual interest
$62,400
Gross yield
2.14%

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$1,200,000available15 July 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 288 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 $494/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 2.1%. 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 288 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

Esperance in one glance

Esperance at a glance

2,158

People

$750,000

Median sale

$494/wk

Median rent

3.43%

Suburb gross yield

Median sale from 15 recorded sales (last 12 months) — a Districts calculation.

See the full Esperance report →

Keep researching

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

Listing material

Listed by Thorp Realty

AN ICONIC ADDRESS. AN EXCEPTIONAL LIFESTYLE.

There are very few opportunities to secure a home in one of Esperance's most recognisable and tightly held waterfront addresses.

Perfectly positioned on The Esplanade, directly opposite the crystal clear waters of the bay and just a short stroll from the iconic Jetty, foreshore, cafés and restaurants, this impressive two storey residence offers the lifestyle many dream about but few have the opportunity to call their own.

Whether you're watching the sunrise over the bay, enjoying an evening walk along the waterfront or meeting friends for coffee just moments from your front door, every day here feels like a holiday.

Read the full description

Designed with generous proportions throughout, this beautifully maintained home offers multiple living and entertaining spaces across two levels, making it equally suited to permanent living, executive lock and leave convenience or an enviable coastal retreat.

Rich timber flooring creates warmth throughout the main living area, while expansive windows welcome natural light and capture views across the bay. The thoughtfully designed floorplan flows effortlessly between the living, dining and kitchen spaces, creating an inviting environment for everyday living and entertaining alike.

The well appointed kitchen offers excellent storage, generous preparation space and quality appliances including a dishwasher, ensuring practicality matches style.

Accommodation is equally impressive, with three bedrooms, all complete with built-in robes. The spacious master suite enjoys balcony access overlooking the foreshore, creating the perfect place to unwind while taking in the sea air. The ensuite features a luxurious double shower, while two additional bathrooms - including an accessible bathroom with shower and toilet conveniently located off the laundry on the ground level - provide outstanding flexibility for guests, families or those seeking future accessibility.

Outside, the private paved courtyard offers a secure, low maintenance space for entertaining, gardening or simply relaxing after a day by the beach. Completing the package is a secure garage with internal access, a lockable storeroom and the convenience of a water softener already installed.

Properties in this location rarely become available and when they do, they are quickly recognised for what they truly are - a lifestyle investment that will be enjoyed for many years to come.

Property Features Include:

• Prestigious Esplanade address opposite Esperance Bay

• Three generous bedrooms, all with built-in robes

• Three bathrooms, including accessible downstairs bathroom

• Spacious master suite with private balcony and double shower ensuite

• Beautiful timber flooring throughout the main living area

• Well-appointed kitchen with dishwasher and excellent storage

• Split system air conditioning

• Private, paved low-maintenance courtyard

• Secure garage with lockable storeroom

• Water softener installed

• Walk to the Esperance Jetty, foreshore, cafés, restaurants and town centre

• Currently tenanted

Homes on The Esplanade are more than just real estate, they're part of Esperance's most iconic waterfront and opportunities to secure one are exceptionally rare. Combining generous proportions, quality finishes and an address that will always be in demand, this remarkable residence offers a lifestyle that simply cannot be recreated. If you've been waiting for something truly special, don't let this be the opportunity that got away. We invite you to experience it for yourself and discover why some addresses are simply unforgettable.

Please contact Thorp Realty on 9071 2100, for a private viewing.

Listing description written by Kathleen Nettlefold, Thorp Realty — reproduced as published, not verified by Districts.

Property features

  • Toilets: 3
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.