Question 1

Is Pink Lake a nice place to live?

Accepted Answer

Pink Lake is a small coastal settlement near Esperance, named for the adjacent salt lake and set among coastal reserves, salt flats and low scrub.

Pink Lake is an older community where many households own their homes outright, and couples without children make up 45.2% of families. Outdoor pursuits such as birdwatching, fishing and coastal walking are common, with broader shops and services in nearby Esperance, and Telstra has confirmed three new mobile micro-towers for the district, including one for Pink Lake South.

Question 2

Is it expensive to live in Pink Lake?

Accepted Answer

In Pink Lake, at the most recent Census a typical local household earned about $1,817 a week. There haven't been enough recent sales or rentals in Pink Lake to publish reliable house and unit prices or rents, so it's not possible to describe how expensive it is to live here compared with local incomes.

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 Pink Lake a good place to invest?

Accepted Answer

A strong 12.2% rise in median house value in Pink Lake over the past 12 months is the standout movement on this page.

That change is a measure of capital growth for houses; there isn't enough recent data to describe movements in local rents or unit values, so the available figures here relate only to house capital growth rather than rental income or the unit market.

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	N/A	N/A
Change in value Past 12 months	12.3%	N/A
Sold Past 3 months	3	N/A
Median days on market Past 12 months	N/A	N/A
Average rent Past 12 months	N/A	N/A
Change in rent Past 12 months	N/A	N/A

	Suburb	WA
Median age years	43	38
Median household income weekly	$1,817	$1,815
Couples with children share of families	44.1%	44.6%
Couples without children share of families	45.2%	38.8%
One-parent families share of families	9.6%	15.1%
Homes owned outright share of homes	42.7%	30.2%
Homes with a mortgage share of homes	44.3%	41.4%
Homes rented share of homes	13.0%	28.3%

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