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Investment Property Broome, WA, 6725

Suburb Snapshot

Broome is a suburb in the Broome Region of Western Australia. Broome has a population of 4,041 people and 37.93% of its occupants live in rental accommodation. The median listing price for houses is $795,000 and this has changed 22.40% over the past year and changed 36.48% over 2 years.

The median rent in Broome for houses is $800 per week and the median rental yield is 5.23%. Stock on the market for houses/townhouses has changed -37.50% compared to last year and the average time to sell a house/townhouse is 99 days.The median listing price for units is $382,500 and this has changed 2.00% over the past year. The average unit takes 179 days to sell and the median rent for a unit in Broome is $610 per week, producing a rental yield of 8.29%.

Supply & Demand in Broome, Broome

0.72%

Current vacancy rate


16

Rental stock available


4,041

Population


37.93%

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 Broome, Broome

  House Townhouses Units
Median listing price $795,000 NA $382,500
Median price change - last quarter 6.14% NA 2.00%
Median price change - 1 year 22.40% NA 2.00%
Median price change - 2 years 36.48% NA 9.28%
  House Townhouses Units
Median weekly rent $800 NA $610
Median yield % 5.23% NA 8.29%
Median rent change - 1 year 14.28% NA 10.90%
  House Units
Previous month sales 1 1
Stock on market previous month 15 6
Stock variance vs. last year -37.50% -33.33%
Average days on market 99 179

Broome investment property listings

Showing 1 of 1 investment properties found in Broome on realestateinvestar.com.au

8/7 Ord Way, Broome

$455,000

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PERFECT WHAREHOUSE/OFFICE OR RETAIL OPPORTUNITY

COMMERCIAL PROPERTIES AS VERSATILE AS THIS DONT COME ALONG OFTEN Unlock the potential of your business with this exceptional commercial property! Perfectly designed for a variety of uses, this space features ample showroom, workshop, and office areas, all fully air conditioned and insulated. Key ...

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Commercial

WA 6725


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