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Investment Property Broome, WA

Region Snapshot

Broome is a region in Western Australia, Australia. Broome has a population of 16,215 people and 35.96% of its occupants live in rental accommodation. The median listing price for houses is $750,000 and this has changed 11.11% over the past year and changed 15.56% over 2 years.

The median rent in for houses is $900 per week and the median rental yield is 6.24%. Stock on the market for houses/townhouses has changed -13.91% compared to last year and the average time to sell a house/townhouse is NA days.The median listing price for units is $375,000 and this has changed 0.00% over the past year. The average unit takes NA days to sell and the median rent for a unit in Broome is $600 per week, producing a rental yield of 8.32%.

Supply & Demand in Broome

0.43%

Current vacancy rate


43

Rental stock available


16,215

Population


35.96%

Rental population


0.63%

Current vacancy rate


7,731

Rental stock available


2,474,414

Population


23.98%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Broome

  House Townhouses Units
Median listing price $750,000 $585,000 $375,000
Median price change - last quarter 1.97% 1.70% 1.33%
Median price change - 1 year 11.11% 10.37% 0.00%
Median price change - 2 years 15.56% 23.15% 7.14%
  House Townhouses Units
Median weekly rent $900 $850 $600
Median yield % 6.24% 7.55% 8.32%
Median rent change - 1 year 5.88% 30.76% 9.09%
  House Units
Previous month sales 13 3
Stock on market previous month 99 29
Stock variance vs. last year -13.91% -12.12%
Average days on market NA NA

Broome investment property listings

Showing 2 of 2 investment properties found in Broome on realestateinvestar.com.au

12 De Pledge Way, Cable Beach

$925,000

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Incredible Dual Key Property

Stephen Cole is proud to present 12 De Pledge Way, Cable Beach. Beautifully presented and perfectly positioned, this exceptional dual-key property offers a rare lifestyle and investment opportunity in a prime Cable Beach location. Immaculately maintained, it delivers the flexibility of two ...

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House

WA 6726


24 Barrgana Rd, Cable Beach

$1,175,000

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Your Dream Broome Home By The Dunes of Cable Beach

Giles Tipping is proud to present 24 Barrgana Road, Cable Beach, a beautifully designed Broome-style executive residence set within the exclusive Six Seasons Estate. Surrounded by some of the area's finest homes and just moments from Minyirr Park and the iconic dunes of Cable Beach, this is a home ...

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House

WA 6726


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