Question 1

Is Castletown a nice place to live?

Accepted Answer

Castletown sits along Esperance’s southern shoreline, with mostly single-level weatherboard and brick homes on level, tree-lined streets and some properties enjoying northerly bay views. It is home to 3,968 people with a median age of 38 and appeals to families and retirees seeking a relaxed beachside lifestyle while remaining close to the town centre’s shops and services. Parks and the foreshore provide space for walking, fishing and everyday outdoor recreation, and the neighbourhood retains a quiet, lived-in character rather than a tourist bustle. Most homes are owner-occupied (about 68.5%) while roughly one in three are rented.

Recent coastal protection and sand-management works, including a buried sand backpass pipeline and sand renourishment along Castletown Quays, have supported the foreshore, and active-transport upgrades have sealed and realigned shared paths on the Baarndi Trail and Castletown Quays. Installation of TransEsperance bus stops is continuing. Whether Castletown suits you will come down to whether you want a quieter beachside suburb with ready access to local shops, parks and improving walking and cycling links.

Question 2

Is it expensive to live in Castletown?

Accepted Answer

Renting a house in Castletown at about $600 a week would take roughly 37.2% of a typical local household's weekly income as recorded at the most recent Census, which is a sizeable share of income. If you are renting rather than buying, that rent share is the number that matters for most people weighing the suburb up.

The median house price of $705,000 works out to about 8.4 times a typical local household's annual income at the last Census, which sits well above what people locally earned then. On these figures, buying a house is more stretched against local incomes than renting.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Castletown a good place to invest?

Accepted Answer

House rents in Castletown jumped 23.7% over the past year, a strong rise, while house values climbed 18.7% over the same period, also a strong increase. For someone weighing Castletown up as an investment, the figures show both capital growth and rental income moved up over the year, with rental income growing faster than prices.

Which of those outcomes matters most will depend on your own goals and circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	$705K	N/A
Change in value Past 12 months	18.7%	N/A
Sold Past 3 months	18	2
Median days on market Past 12 months	11	N/A
Average rent Past 12 months	$600	N/A
Change in rent Past 12 months	23.7%	N/A

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