BROOME 6725
State: WAPosiProp AI Investment Summary
BROOME (WA 6725) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 7.0% and has experienced a 12-month capital growth of Down -12.4%, with a median house buy price of $670,000. This combination provides a high-yield positive cashflow potential for investment portfolios in Australia.
Market Yield & Price Indices
$598,500
$642,500
$837,000
$670,000
Suburb Market Profile
Last month Broome had 13 properties available for rent and 26 properties for sale. Median property prices over the last year range from $670,000 for houses to $438,000 for units. If you are looking for an investment property, consider houses in Broome rent out for $1,108 PW with an annual rental yield of 7.0% and units rent for $900 PW with a rental yield of 8.4%. Broome has seen an annual compound growth rate of -12.4% for houses and -6.8% for units.