SOLD
Sold on 26 Dec 2023 for $294,000

16 Mungan Street
Esperance WA 6450

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 1012m2
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Sold By
Laurie Fyfe
Esperance Real Estate
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Property Details for 16 Mungan St, Esperance

16 Mungan St, Esperance is a 1 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 1012m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 1 bedroom House sold in Esperance in the last 12 months.

Building Type
House
Year Built
1950
Land Size
1012m2
Local Government
Esperance
Lot/Plan
308/P008297

Last Listing description (March 2024)

This cute character cottage enjoys a close proximity to town and school and has the potential for re-development opportunities. The existing residence, although vintage, enjoys a caring tenant paying a rental income of $10,400 pa gross. Characteristics of the home include;
? 1 bedroom, 1 bathroom
? Large Kitchen/Dining

? Cosy Lounge
? Outdoor entertaining area
The property sits on an elevated, 1012sqm site with a rear 6m x 10m workshop/garage. Zoned R30 and subject to council approval, the site is suitable for multi unit development.

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Property History for 16 Mungan St, Esperance, WA 6450

A timeline of how this property has performed in the market
Last Sold
$294,000
26 Dec 2023
  • 26 Dec 2023
    Sold for $294,000
  • 06 Dec 2023
    Listed for Sale Not Disclosed

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About Esperance 6450

The size of Esperance is approximately 2.5 square kilometres. It has 7 parks covering nearly 18.7% of total area. The population of Esperance in 2011 was 2,086 people. By 2016 the population was 2,153 showing a population growth of 3.2% in the area during that time. The predominant age group in Esperance is 50-59 years. Households in Esperance are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Esperance work in a trades occupation. In 2011, 47.9% of the homes in Esperance were owner-occupied compared with 45.5% in 2016.

Esperance has 1,526 properties. Over the last 5 years, Houses in Esperance have seen a 107.75% increase in median value, while Units have seen a 73.81% increase. As at 30 November 2024:

  • The median value for Houses in Esperance is $427,962 while the median value for Units is $397,585.
  • Houses have a median rent of $355 while Units have a median rent of $445.
There are currently 1 property listed for sale, and no properties listed for rent in Esperance on OnTheHouse. According to CoreLogic's data, 71 properties were sold in the past 12 months in Esperance.

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