Investment Property Broome, Western Australia

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 $500,000 and this has changed 0.00% over the past year and changed -1.00% over 2 years.

The median rent in for houses is $565 per week and the median rental yield is 5.87%. Stock on the market for houses/townhouses has changed -49.75% compared to last year and the average time to sell a house/townhouse is NA days.The median listing price for units is $230,000 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 $350 per week, producing a rental yield of 7.91%.

Supply & Demand in Broome

Current vacancy rate

Rental stock available

Population

Rental population

0.74%

Current vacancy rate

Rental stock available

16,215

Population

35.96%

Rental population

0.69%

Current vacancy rate

8,009

Rental stock available

2,474,414

Population

23.98%

Rental population

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Statistical data for Broome

	House	Townhouses	Units
Median listing price	$500,000	$429,500	$230,000
Median price change - last quarter	0.00%	10.84%	5.70%
Median price change - 1 year	0.00%	3.49%	0.00%
Median price change -2 years	-1.00%	-13.93%	-22.56%

	House	Townhouses	Units
Median weekly rent	$565	$480	$350
Median yield %	5.87%	5.81%	7.91%
Median rent change - 1 year	-3.42%	6.66%	0.00%

	House	Units
Previous month sales	10	3
Stock on market previous month	99	40
Stock variance vs. last year	-49.75%	-46.67%
Average days on market	NA	NA

Broome investment property listings

Showing 5 of 185 investment properties found in Broome on realestateinvestar.com.au

29 Hopton St, Broome

$640,000

One Property, Endless Possibilities!

CURRENT BID: $640,000 - 2 Qualified Bidders. Giles Tipping is delighted to present 29 Hopton Street to the open market via Openn Negotiation, an online auction with flexible terms for buyers. The auction has commenced & this property can sell at any time so please don't delay and contact Giles to ...

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House

WA 6725

3/14 Coghlan St, Djugun

$200,000

AS CENTRAL AS IT GETS

Giles Tipping is delighted to present 3/14 Coghlan Street to the open market via Openn Negotiation, an online auction with flexible terms for buyers. The auction has commenced & this property can sell at any time so please don't delay and contact Giles to get qualified NOW. If you're looking for ...

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Unit

WA 6725

4/3 Chapple St, Broome

$310,000

TOWNHOUSE IN THE HEART OF CHINATOWN

A modern townhouse complex on Chapple Street offers comfortable and affordable living within easy reach of everything Broome's CBD has to offer. LEASED UNTIL APRIL 2022 @ $350pw. 02/04/21 to 04/04/2022 • 3 Bedroom, 2 bathroom • Open plan living across 2 floors • Double storey ...

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Townhouse

WA 6725

17 Tomarito Cres, Bilingurr

$510,000

THE SMART INVESTMENT CHOICE!

With clean lines, stylish concrete flooring and light filled rooms, this home is our pleasure to list. The décor is simple and stylish, a breeze to maintain. This classic Broome North home was built in 2012 and boasts modern features such as stainless steel cooking appliances, feature tiles ...

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House

WA 6725

35 Slater Rd, Cable Beach

$715,000

GET READY TO TICK THE BOXES

Built of a solid brick construction on a generous plot of around 800m2 of land, this home possesses stand out features most buyers are looking for. The house is currently home to great long-term tenants for the duration of this year. Firstly the location is ideal - a quiet loop within easy walking ...

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