WA6450· Pop. 13,159Ravensthorpe

NULSEN

EstablishedSteady performer with reliable demand and moderate capital growth

Investor score

56

Annual growth and vacancy rate are modelled estimates based on long-run state averages. Price and rent use real government data where available. This is not financial advice. See full disclaimer.

Median price

no recent data

Rent yield

6.3%

rent real · price estimated

Annual growth

9.5%

modelled estimate

Vacancy rate

1.2%

modelled estimate

AI insights for NULSEN

Investment analysis, risks & comparisons

PREMIUM

NULSEN shows strong investment fundamentals with above-average rental demand and a tightening supply pipeline. The gentrification index of 67/100 signals continued capital appreciation potential, particularly within 600m of the main retail and transit corridor.

Key risk: elevated auction clearance volatility over the past two quarters suggests shifting buyer sentiment. Net yield after typical holding costs sits at approximately 3.6%, below the state median of 4.1% — factor this into cash-flow modelling.

AI insights locked

Investment analysis · Risk assessment · Suburb comparisons

Unlock with Premium
Price figures are estimated — suburb-level data not available for this state. Verify with Domain or REA.

Median rent

$400/wk

WA Bond Authority · Mar 2026

Demand change

+10.2%

annual shift

Yield × growth index

7.9

combined signal

Net yield (est.)

6.56%

after mgmt, rates, insurance, maintenance

5-yr growth (CAGR)

+8.8%

est. compound, long-run avg

10-yr growth (CAGR)

+3.5%

est. compound, long-run avg

Rental demand

64 / 100

Strong demand

Supply pipeline

Est.

0.7%

new dwellings approved / stock · Modelled estimate

Low supply pressure

5-year price history

No price history available.

Market overview

NULSEN is a WA suburb offering high rental yield and strong price growth. The local economy supports a stable rental base, with ongoing demand from owner-occupiers and investors seeking value outside capital cities.

Highlights

  • Strong rental yield of 6.3%
  • High annual growth of 9.5% — outperforming state average
  • Very low vacancy rate — high rental demand
  • Access to national transport network and amenities

Risk factors

  • Subject to broader interest rate and economic conditions

Community profile

Source: ABS Census 2021 · ATO 2022–23

Median household income

$1,515/wk

$45k taxable p.a.

Renters

28.9%

65.1% owner-occupier

Median age

42.0 yrs

Unemployment

5.5%

Population growth

+1.2% p.a.

Investor-owned

15.0%

of all dwellings (ATO)

Houses

78%

6% apartments

Degree qualified

19.6%

bachelor's or higher (ABS)

Work from home

9.0%

of employed residents (ABS Census)

Median lot size

1.7 ha

Large block

Household size

2.6 persons

avg per dwelling (ABS Census)

Short-term rental

2.9%

Mostly long-term tenants

Market activity

Distance to CBD

615.8 km

Regional

Days on market

50 days

Slower market

Auction clearance

24.3%

Buyer's market

Walkability

0 / 100

Car-dependent

Coastal proximity

612.1 km

Inland

NBN technology

FTTC

Good — fibre to curb

Population density

130/km²

Low density

Schools in postcode 6450

🏫8 Primary🎓2 Secondary1 Special
ACARA 2025

🏫Primary (8)

Cascade Primary School

Government · Yrs K-6

ICSEA 1023

Our Lady Star of the Sea Catholic Primary School

Catholic · Yrs PP-6

ICSEA 1011

Esperance Primary School

Government · Yrs K-6

ICSEA 1010

Condingup Primary School

Government · Yrs K-6

ICSEA 970

Munglinup Primary School

Government · Yrs K-6

ICSEA 962

Castletown Primary School

Government · Yrs K-6

ICSEA 957

Esperance Christian School

Independent · Yrs PP-6

ICSEA 858

Nulsen Primary School

Government · Yrs K-6

ICSEA 833

🎓Secondary (2)

Esperance Anglican Community School

Independent · Yrs 7-12

ICSEA 1004

Esperance Senior High School

Government · Yrs 7-12

ICSEA 946

Special (1)

Esperance Education Support Centre

Government · Yrs 7-12

ICSEA 912

ICSEA measures the socio-educational background of each school's student community — not academic results or school quality. National average = 1000. Source: ACARA My School 2025.

Liveability & safety

Safety index

Moderate
66/ 100

10.3 offences / 100 persons

⚠ Modelled estimate · details

School quality

Average
953ICSEA · national avg 1000

11 schools in postcode area

Source: ACARA My School 2025

Transit access

Car-dependent
10/ 100
🚆 0 train🚌 2 bus

Source: State GTFS feeds

Gentrification signal

14

/ 100

Stable / no signal

Established suburb with stable demographics. Consistent demand but lower gentrification upside.

Composite: education premium · youth cohort · rental activity · price gap · transit quality

Environmental risk

🌊

Flood risk

low

Source: State GIS flood zone data

🔥

Bushfire risk

high

Source: CFA / RFS / DFES zone data

⛈️

Storm risk

none

Coastal exposure + state climate

Live suburb intelligence

Fetching live data…

Location

Properties in NULSEN

View listings

Local professionals

Connect with agents and building inspectors who operate in NULSEN. Ask about off-market opportunities, rental appraisals, or arrange a building inspection.

Sign in to contact local professionals

Create a free account to message agents and inspectors directly.

Premium feature

Full suburb intelligence is available to Premium subscribers. Unlock unlimited research, scoring, and market signals.

Upgrade to Premium