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Shire of Broome, WA

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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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Suburb Heatmap Analysis

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

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Rent 

2BR

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4BR

5BR

Yield 

2BR

3BR

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5BR

Buy 

1BR

2BR

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Rent 

1BR

2BR

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Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

Have a question? You can either leave a comment below or post it on our forum.

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 trending 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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