Shire of Broome, WA

Shire of Broome WA is one of the oldest LGAs in Western Australia and has a rich history dating back to 1800s. It’s known for its “lovely beaches and heritage buildings”.

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The Shire of Broome is a local government area in Western Australia. It is located on the coast and encompasses more thousands of square kilometres of land and water. The shire’s economy relies mostly on agriculture, tourism, and education.

As such it has a strong focus on education and agricultural opportunities for its local youth population. A part of this economic focus is also the promotion of renewable energy generation such as wind power generation and solar panels. The real estate market has reflected this growth trend as well with increased interest from investors both domestic and international.

The Broome property market has been going through many changes over the last few years. Many people outside of Broome have never heard of Broome and its potential. Be sure to explore the property market metrics for Broome in the Dashboard below.

It includes data on prices, rental rates, and housing outlooks for the region and is updated every month to provide the most up-to-date information available.

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Capital Growth Heatmap

Property Market Snapshot

This page provides an overview of the LGA real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this council area. You are able to drill down to suburb-level data and charts which visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy

2BR

3BR

4BR

5BR

Typical Price for houses in this council area. Percent changes indicate Year on Year growth or decline in house values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.

Rent

2BR

3BR

4BR

5BR

Median Weekly Rent for houses in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.

Yield

2BR

3BR

4BR

5BR

Yearly Gross Yield for houses in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for houses.

Buy

1BR

2BR

3BR

Typical Price for units in this council area. Percent changes indicate Year on Year growth or decline in unit values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.

Rent

1BR

2BR

3BR

Median Weekly Rent for units in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.

Yield

1BR

2BR

3BR

Yearly Gross Yield for units in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for units.

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Upgrade to Personal Plan to see Yield data.
Yield chart
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Demand chart
Upgrade to Professional Plan to see Buy & Rent Search Index data.
Index chart

How to use this Dashboard

This interactive dashboard illustrates the trends for key real estate metrics in the area. Use these metrics to determine potential return on investment from this property market and its’ sub-markets.

Upgrade to Personal Plan to unlock the trend forecast section on the Price, Rent & Yield graphs.

Get the Professional Subscription to see trends for advanced property market metrics that indicate real estate demand and supply in this LGA.

Upgrade to Professional Plan to see Growth Rate Cycle data.
GRC chart

Property Market in Shire of Broome, WA

What other property markets are there near Shire of Broome, WA?

Shire of Broome is surrounded by 2 other council areas – Derby-West Kimberley, East Pilbara.

How many people live in Shire of Broome, WA?

There are approximately 16000 people living in roughly 9000 dwellings in total, with an average household size of 2.7.

What are current and planned infrastructure projects in Shire of Broome, WA?

Among the main projects are the following: Regional Resource Recovery Park, Broome Boating Facility, Cable Beach Foreshore Redevelopment. You can find more information on the Western Australia Government website.

What major retailers are there in Shire of Broome, WA?

There are main retailers such as Kmart, Jay Jays, Harvey Norman Broome.

What is the main industry in Shire of Broome, WA?

Such sectors as Education and Training, Health Care and Social Assistance, Accommodation and Food Services take the largest part of the employment.

What are the dominant demographic groups in Shire of Broome, WA?

Among approximately 16000 people in the Shire of Broom (LGA) males and females make up to roughly 50% each group. The median age of people is 33 years. Children aged 0-14 years account for roughly 24% of the population, and those aged 65+ years account for 7%.

How is unemployment rate trading in Shire of Broome, WA?

Among approximately 8000 people employed, roughly 63% work full-time,25 % work part-time, and an estimated 7% are unemployed.

Suburbs/localities in this Local Government Area: Eighty Mile Beach 6725, Gingerah 6725, Dampier Peninsula 6725, Lagrange 6725, Minyirr 6725, Cable Beach 6726, Broome 6725, Djugun 6725, Bilingurr 6725

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