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Esperance projects show regional commitment

On Jun 12 2014
Tagged as:
  • Residential Property
  • WA

Several new projects in the Western Australian shire of Esperance highlight the state ...

Several new projects in the Western Australian shire of Esperance highlight the state government's commitment to developing regional areas. 

The small town has already seen the rebuilding of Esperance Primary School and the refurbishment of its James Street Precinct on the waterfront, with more improvements of the waterfront to come. For anyone who has thought about buying some residential real estate in a quieter part of Australia, this could be interesting news. 

Developments make for a more vibrant Esperance

WA Premier Colin Barnett emphasised the economic, cultural and recreational benefits which would come from the waterfront redevelopment, upon opening the James Street Precinct development on June 8. The precinct features gardens, a lawn area, beach pathways and a whale tail sculpture, as well as a plaza and easy access to the beach. 

"The Esperance Waterfront redevelopment is a dynamic project which will link the foreshore with the town centre, providing economic stimulus for businesses and adding to the dynamics of the Esperance town revitalisation project," Mr Barnett said. 

Regional Development Minister Terry Redman further underlined how the project demonstrates WA's dedication to its regional areas.

"This landmark project is testament to how [infrastructure program] Royalties for Regions, in collaboration with key funding partners, delivers its vision to modernise and transform regional communities."

The waterfront development was closely followed by the official opening of the $13 million Esperance Primary School replacement building, $10 million of which came from the same Royalties for Regions program. 

The replacement school houses a new administration building, with a staff room and dental therapy centre, among other things. Since being open for students last year, it has seen a 10 per cent increase in enrolments. 

The school runs an acclaimed program for gifted students, including various creative thinking programs. Its students won the Australasian Pacific Finals of the Tournament of the Minds competition last year. 

Any first time buyer would do well to consider the area as a location for their first property. RP Data recorded the town's median house price at only $375,000.

More developments to come

This is not the end of the infrastructure development coming to Eseperance. 

The waterfront refurbishment is planned to continue, with local designers, landscapers and artists pitching in to the final design of the project. It is expected to be completed in September, and will cost a total of $46 million. 

It may be worth speaking to a real estate agent about your options if this news interests you.

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