Nulsen (postcode 6450) is a close-knit residential community in Western Australia within the Esperance local government area. It is home to about 1,083 residents, with a mix of families and early-career residents and a median age of 36. Households earn a median income of $51K per year, with an average household size of 2.3 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.3% year-on-year at the LGA level. WA employment has moved +1.9% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. WA also had 24 Commonwealth-backed major projects under construction, 12 underway, and 12 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are labourers, technicians & trades, machinery operators & drivers. Employment in the area leans toward retail trade and healthcare. The top ancestries reported are Australian, English, Aboriginal Australian.
Median house prices in Nulsen stand at $395,000, having surged by 31.7% over the last twelve months. The current median weekly rent is $375. This gives a gross rental yield of approximately 4.9%. The median monthly mortgage repayment is $990.
Public transport access includes 15 bus stops.
From an investment perspective, Gross rental yield sits at around 4.9% (moderate yield). Property prices sit below the state median ($395K/$1.0M), which can point to relative value. The price-to-income ratio of 7.8x is considered moderate. House prices have moved +31.7% year-on-year. Population growth of +0.3% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.