19B Gull Street, Esperance WA 6450

19B Gull Street, Esperance WA 6450
1999 rear strata unit | 2-unit complex no common property | 492 sqm private yard and garage | central walk to town, school, beach | compact 2-bed, 1-bath layout This property is best understood as a small house in strata form. The two-unit complex has no common property, so the 492 sqm lot, driveway, fenced yard, shed, and garage are held privately and kept low-maintenance. That combination is rare in central Esperance. Built in 1999, it offers brick and iron construction, ducted air conditioning, open living, and a practical kitchen. Its location is made useful by walks to school, town centre, shopping, and front beach. This property is best suited to first-home buyers, downsizers, or small households who want walkability and a real yard without the upkeep of a larger house. Compact accommodation may be seen as limiting against larger options, but the 492 sqm land component and private yard might be valued more by certain buyers. The strata title and rear position could affect buyer perception, though the two-unit complex with no common property is viewed as practical. Condition, garage access, and outdoor quality may sway price. >> Comparable Sales: 2 Gull Street approx $461,000; 31 Gull Street approx $570,000 | Property Price Band: $400,000-$500,000 | Value Drivers: land size, condition and layout, central location
Detailed Independent Property Report prepared  by PropCred Analyst team for 19B Gull Street, Esperance WA 6450
Checks found:
Value Risk ! 1
Liquidity Risk ! 1
Planning Risk ✕ 2
Income Risk ✕ 2
Execution Risk ✕ 2
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Market Insight

Driven by a highly specialized local economy, Esperance provides unique regional infrastructure tailored to corporate workforces, essential workers, and yield-focused investors. The market has recently seen intense localized demand, offering exceptionally high rental yields and robust transactional velocity driven by broader resource sector activity. Although yields are incredibly attractive, prospective investors should watch out for sudden shifts in corporate housing policies which can rapidly impact local rental demand.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

2

Land

1011m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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