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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 $749,000 and this has changed 12.63% over the past year and changed 15.40% 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 -9.91% compared to last year and the average time to sell a house/townhouse is NA days.The median listing price for units is $380,000 and this has changed 2.98% 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 8.21%.

Supply & Demand in Broome

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


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 $749,000 $595,000 $380,000
Median price change - last quarter 1.97% 1.70% 1.33%
Median price change - 1 year 12.63% 13.33% 2.98%
Median price change - 2 years 15.40% 25.26% 8.57%
  House Townhouses Units
Median weekly rent $900 $850 $600
Median yield % 6.24% 7.42% 8.21%
Median rent change - 1 year 5.88% 44.06% 9.09%
  House Units
Previous month sales 15 2
Stock on market previous month 100 28
Stock variance vs. last year -9.91% -15.15%
Average days on market NA NA

Broome investment property listings

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