Fraud Blocker

Cable Beach, WA 6726

Home » WA Real Estate Data » Shire of Broome, WA » Cable Beach, WA 6726

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Cable Beach, WA 6726 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

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

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

Upgrade to Professional Plan to see the score

Capital Growth RCS™

Upgrade to Professional Plan to see the score

Cashflow RCS™

Upgrade to Professional Plan to see the score

FREE Investment Property Checklist

Secure your golden ticket to property investment success! Get our meticulously crafted Property Investment Checklist upon subscribing to our newsletter. It’s jam-packed with valuable insights from prime locations to specific building nuances.

Essentials
No Price Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

No Rent Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

Upgrade to Personal Plan to see Yield data.
Yield chart
Upgrade to Professional Plan to see Growth Rate Cycle data.
GRC chart
Fundamentals
Upgrade to Personal Plan to see IRSAD data.
IRSAD chart
Upgrade to Personal Plan to see U|H and R|O data.
Renters to owners pie chart
Upgrade to Personal Plan to see U|H and R|O data.
unit to houses pie charts
Upgrade to Personal Plan to see Demand Profile data.
Demand chart
Upgrade to Professional Plan to see Affordability Index data.
Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

Upgrade to Professional Plan to see Stock On Market trend.
SOM chart
Upgrade to Professional Plan to see Inventory trend.
Inventory chart
Upgrade to Professional Plan to see Building Approvals trend.
Inventory chart
Upgrade to Professional Plan to see Hold Period trend.
Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

Upgrade to Professional Plan to see Days On Market trend.
DOM chart
Upgrade to Professional Plan to see Vacancy Rate trend.
Inventory chart
Upgrade to Professional Plan to see Search Index trend.
Index chart
Upgrade to Professional Plan to see Clearance Rate trend.
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.

0 thoughts on “Cable Beach, WA 6726”

  1. The total adult population (15 years or older) of Cable Beach 6726 WA is 4,414, with a median age of 34. Of those, 36.47% are married, 12.10% are divorced or separated, 49.50% are single and 1.99% are widowed.

    The average household size is 2.7 people per dwelling, and the median household monthly income is estimated to be $10,252. The median monthly mortgage repayment for households in this suburb is $2,167 which is 21.14% of their earnings.

    Source: ABS Census Data (2021)

  2. Located in Western Australia, the suburb of Cable Beach 6726 is home to an estimated 3,062 households. As of the third quarter of 2023, the typical price for houses in Cable Beach is $678,991, while the median weekly rent is a considerable $972. These prices produce an impressive indicative yield of around 7.44% – well above the minimum attractive market requirement for cash-flow centred investors.

    When it comes to socio-economic factors, Cable Beach holds a fairly high IRSAD score of 1,003 out of 1,217, suggesting a healthy socio-economic status amongst the local population. However, it’s important to note that the renter to owner ratio sits at an even 50%, indicating a balance but also a high level of competition between rental properties.

    The units to houses ratio is a favourable 30%, suggesting more long-term tenancies as areas with a higher proportion of houses are more likely to attract families. Furthermore, the affordability index is 26 years, falling below the benchmark of 30 years, which highlights a market with high affordability among its residents.

    Turning to supply metrics, the stock on market percentage for houses is measured at 0.81%, falling within the neutral range. This is backed by an inventory level of 1.5 months, indicating a favourable low supply market. The building approvals Ratio stands at 0.52%, falling within the lower supply bounds.

    The average days on market for houses in Cable Beach is 50 days, falling in the higher end of the scale. Despite the slightly prolonged selling period, vacancy rate is remarkably low at 0.32%, indicating a high demand due to scarce supply. The suburb’s buy search index for houses is 4, considered in the neutral-demand spectrum.

    Although some metrics (such as Days on Market) show potential room for improvement, majority of Cable Beach’s property market data suggests a promising investment opportunity, complete with high rental yields and significant demand. Properties here, particularly houses, offer particular potential for property investors looking for a balanced location in terms of affordability and socio-economic factors, backed by a strong rental demand and limited supply.

    As always, continual observation of market trends and diligent research into HtAG Analytics’ RCS (Relative Composite Score) is crucial when making property investment decisions.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

Leave a comment