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WA › Broome › Herbert St

126 Herbert St, Broome WA 6725

For saleHouse

$2,500,000

For sale

Asking

$1,880,000

Last sold

7 Apr 2024

6

Bedrooms

3

Bathrooms

10

Car spaces

1,868 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $2,500,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $2,500,000(Listing record · 18 June 2026)
  • CalculationLand 1,868 m² against a 313 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Broome (last 5 years) with land size: median $747/m² of land (n=58). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 237% above the Broome median recorded sale ($741,000, n=36, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Broome's advertised median rent ($1,024/wk), implied gross yield would be 2.13% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

The ask against the evidence

Asking

$2,500,000

Asking · $1,338/m² of land

Last recorded sale $1,880,000 (7 Apr 2024).

Local land rate: recorded House sales in Broome (last 5 years) with land size have a median of $747/m² of land (n=58). Districts calculation from recorded sales — not a valuation.

Broome at a glance

4,241

People

$741,000

Median sale

$1,024/wk

Median rent

7.19%

Suburb gross yield

Median sale from 36 recorded sales (last 12 months) — a Districts calculation.

See the full Broome report →

Vs Broome

+237.4%

Median sale

Suburb $741,000

-5.06 pp

Gross yield

Suburb 7.19%

Suburb median $741,000 from 36 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$2,500,000
Stamp Duty (Western Australia)
$119,866
Transfer/Registration Fee
$225
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$2,623,791

$123,791 on top of the price (5.0% extra)

  • Stamp Duty (Western Australia)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Western Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Broome's advertised median rent — not a rent for this listing.

Net yield
0.63%
Annual cashflow (pre-tax)
$-114,252
Interest cover (DSCR)
0.12
Annual rent
$53,248
Operating expenses
$37,500
Loan amount
$2,000,000
Annual interest
$130,000
Gross yield
2.13%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

202420252026$1.88m$2.5m
  • Sold (recorded)
  • Asking price (not a sale)
  1. Listed$2,500,000available18 June 2026
  2. Sold$1,880,0007 Apr 2024
  3. Listedprice unknowncompleted22 Mar 2024
  4. Listedprice unknowncompleted22 Mar 2024

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

WA

Why this lot, not just this suburb

Why could this property outperform?

WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 1,868 m² — that is not official geometry. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $1,024/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 2.1%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 1,868 m² — that is not official geometry.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Broome in one glance

Broome at a glance

4,241

People

$741,000

Median sale

$1,024/wk

Median rent

7.19%

Suburb gross yield

Median sale from 36 recorded sales (last 12 months) — a Districts calculation.

See the full Broome report →

Keep researching

  • Why Broome? Read the area thesis →
  • What else is on the market in Broome →
  • Other records on Herbert St →

Listing material

Listed by The Agency Perth

Exclusive Lifestyle Property in Broome's Prestigious Waterfront Estate

Giles Tipping is proud to present 126 Herbert Street, Broome.

Located in Broome's exclusive waterfront enclave, step through a beautifully crafted entrance gate, and immediately feel the outside world fall away. Set within a private, leafy sanctuary, this magnificent property is offered on a walk-in, walk -out basis and features two dwellings with an 'estate' standard of accommodation and infrastructure, blending unrivalled resort-style living with unparalleled levels of space and luxury.

Positioned on a substantial 1,868sqm parcel of land, the fully fenced and gated property features a renovated, two-storey architect-designed 4 bedroom residence which captures cooling breezes and ocean glimpses from the first floor and boasts a design that is perfect for large families, multi-generational living, or as a luxury holiday home investment.

Read the full description

Upstairs, an open-plan living kitchen & dining area, adorned with stunning timber floors, seamlessly connects to the covered timber deck, creating a perfect setting for year round alfresco dining and a wonderful private setting to watch iconic Broome sunsets. With its huge windows, the luxurious, light filled master suite has you feeling as if you are amongst the treetops, watching the vast array of birdlife and the sparkling azure waters of Roebuck Bay through every window.

Crafted from rendered blockwork and steel, the home is as strong as it is beautiful. However, recent renovations have enhanced the property further and include extensive parking improvements with over 250m2 of concrete driveway added, large boat port – with planning approval for conversion to additional accommodation - garden upgrades, new split system air conditioners, new hot water system, new water filtration, high quality kitchen appliances, bathroom fittings and much more!

The enormous resort-style pool has been refurbished and invites year-round entertainment and enjoyment, with night-time stargazing an absolute must!

Wander through a small gate & an organic kitchen garden awaits. Be inspired to create a delicious meal in the wonderful outdoor kitchen. In addition, the ground floor has three large bedrooms, a spacious ensuite bathroom and laundry which make hosting family & friends - or generating passive income streams - a joy and a breeze!

The beautifully maintained tropical gardens and home reflect the owner's pride and substantial investment into the property, ensuring a new owner has nothing to do but kick back and enjoy their beautiful new home.

But that's not all.... The second home is the cherry on top. A solid brick built 2-bedroom home which has been recently renovated & comprises of two bedrooms, one bathroom, a kitchen & a large open plan living area. Currently leased to a corporate tenant at $1,000pw, It has had many uses over the years, including being used as the office space for a successful family business.

An Industrial sized shed/ garage, inclusive of a mezzanine area & large concrete turning circle, traverse the entrance to the gated yard and create impressive street appeal and ample parking opportunities. A concrete driveway leads through to a secure gravelled parking area and boat port, providing even more opportunities for parking and/or further development.

This property presents an exceptional once-in-a-generation opportunity to secure a beautiful home & gardens for your family, coupled with unrivalled income and lifestyle potential. There really is nowhere like 126 Herbert Street.

Inspections strictly by appointment only.

Disclaimer:

This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.

Listing description written by Giles Tipping, The Agency Perth — reproduced as published, not verified by Districts.

Property features

  • Ensuites: 1
  • Living Areas: 2
  • Toilets: 4
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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