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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

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