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Investment Property Cable Beach, WA, 6726

Suburb Snapshot

Cable Beach is a suburb in the Broome Region of Western Australia. Cable Beach has a population of 5,436 people and 33.11% of its occupants live in rental accommodation. The median listing price for houses is $699,000 and this has changed 7.53% over the past year and changed 9.38% over 2 years.

The median rent in Cable Beach for houses is $1,000 per week and the median rental yield is 7.43%. Stock on the market for houses/townhouses has changed -3.92% compared to last year and the average time to sell a house/townhouse is 102 days.The median listing price for units is $315,000 and this has changed -1.57% over the past year. The average unit takes 96 days to sell and the median rent for a unit in Cable Beach is $550 per week, producing a rental yield of 9.07%.

Supply & Demand in Cable Beach, Broome

0.73%

Current vacancy rate


24

Rental stock available


5,436

Population


33.11%

Rental population


0.50%

Current vacancy rate


49

Rental stock available


16,215

Population


35.96%

Rental population


0.61%

Current vacancy rate


7,509

Rental stock available


2,474,414

Population


23.98%

Rental population


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Statistical data for Cable Beach, Broome

  House Townhouses Units
Median listing price $699,000 $630,000 $315,000
Median price change - last quarter 0.00% 5.17% -3.08%
Median price change - 1 year 7.53% 20.34% -1.57%
Median price change - 2 years 9.38% NA 3.44%
  House Townhouses Units
Median weekly rent $1,000 NA $550
Median yield % 7.43% NA 9.07%
Median rent change - 1 year 11.11% NA 5.76%
  House Units
Previous month sales 7 0
Stock on market previous month 49 19
Stock variance vs. last year -3.92% 18.75%
Average days on market 102 96

Cable Beach investment property listings

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