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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 5 of 227 investment properties found in Broome on realestateinvestar.com.au

19 Weld St, Broome

$749,000

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Opportunity Awaits: Secure Your Slice of Old Broome

Stephen Cole is proud to present 19 Weld Street, Broome. Boasting a massive 1013sqm of prime Old Broome land, this blank canvas of a property is a dead-set developer's dream. Begging to be bought back to its former glory, this home is ready for some tender love and care! The perfect property ...

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WA 6725


3 Yako Mall, Bilingurr

$949,000

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Near New and Perfect for You!

Stephen Cole is proud to present 3 Yako Mall, Bilingurr. Near new and perfect for you! This stunning 4 bed, 2 bath Broome North property is everything you're looking for in a home and more. Built by boutique local builder Connolly Homes in 2024, the home boasts a modern, stylish design with a well ...

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WA 6725


9/1 Bernard Way, Cable Beach

$445,000

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Secure, Stylish and Superbly Positioned

Stephen Cole is proud to present 9/1 Bernard Way, Cable Beach. Secure, stylish and superbly positioned, this beautifully presented 1 bedroom, 1 bathroom unit delivers the very best of modern, low-maintenance living in one of Broome's most sought-after locations. Perfectly suited to downsizers, ...

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Unit

WA 6726


16 Smirnoff Pl, Cable Beach

$1,250,000

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The Definition of a Dream Home

Stephen Cole is proud to present 16 Smirnoff Place, Cable Beach. Boasting a stunning blend of space, style, lifestyle and liveability, it's incredibly rarely that a home of this distinction and design come to market. Located just a short walk through the dunes from the golden sands of Cable Beach, ...

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WA 6726


4/10 Nagula Ct, Cable Beach

$675,000

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Brand New & Ready for you

Rueben Lee-Chi proudly presents this brand-new home, privately set in a quiet cul-de-sac in Broome within a boutique complex of just six residences. Ready to move straight in, it offers a fresh, low maintenance lifestyle suited to both homeowners and savvy investors. Thoughtfully designed for ...

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WA 6726


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