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.
WA › Broome › Stewart St
$975,000
Last sold
30 Sept 2025
0
Bedrooms
0
Bathrooms
0
Car spaces
2,027 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
Last sold
$975,000
30 Sept 2025 · derived via latest_sale
Local land rate: recorded Land sales in Broome (last 5 years) with land size have a median of $501/m² of land (n=5). 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.
Vs Broome
+31.6%
Median sale
Suburb $741,000
-1.73 pp
Gross yield
Suburb 7.19%
Suburb median $741,000 from 36 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
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 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 exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
WAWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 2,027 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.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
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. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
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.”
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
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
UnknownWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 2,027 m² — that is not official geometry.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis 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
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
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.
Listing material
Listed by PRD BroomeThis massive block in Old Broome is ready for development, offering incredible potential for a variety of residential projects. Located in central Broome on the corner of Stewart Street and Walcott Street, this prime piece of land is just a short stroll away from Broome's key attractions. Whether you're a seasoned developer or someone looking to build your dream project, this property offers endless possibilities.
With a proposed R-Code (R50) on 2027 sqm of land, it's ideal for multi-unit developments, providing the perfect foundation to create a modern, vibrant living space in Broome's thriving community.
Key Features:
• Full-size original Old Broome block with a proposed R-Code (R50) zoning on 2027 sqm of prime land.
• Corner block with dual frontage access to both Walcott & Stewart Streets, offering flexibility and potential for enhanced visibility or access.
• Close proximity to local amenities: ChinaTown, Broome Hospital, Courthouse Markets, restaurants, and Broome International Airport are all within walking distance.
• High demand for suitable housing in Broome, ensuring potential for strong rental yields or future growth in property value.
• Great quality tenants already on standby, ready for occupancy once your development is complete.
Development Scenarios:
• Scenario 1 - Single House Development:
Ideal for: A spacious single home or luxury residence.
Development Type: New single house built in accordance with R50 requirements.
Max Height: 3 storeys (11m).
Notes: This offers a more private, single-residential build while maintaining the space and potential for future growth.
• Scenario 2 - Grouped Dwelling Development:
Ideal for: A small community of townhouses or clustered homes.
Development Type: Grouped dwellings in accordance with R50 requirements.
Yield: Up to 11 x Grouped Dwellings on the 2027 sqm lot.
Max Height: 3 storeys (11m).
Notes: A great option for providing modern housing solutions in Broome with multiple private residences in close proximity. **multiple government / corporate departments have expressed interest**
• Scenario 3 - Multiple Dwelling Development:
Ideal for: High-density residential development.
Development Type: Multiple dwellings (apartments or units) in accordance with R60 requirements.
Yield: Approximately 16-20 x Multiple Dwellings on the 2027 sqm lot.
Max Height: 3 storeys (11m).
Notes: Perfect for developers looking to cater to the growing demand for housing in Broome with a focus on high-density living.
Why Broome?
Broome is one of Australia's most popular tourist destinations, famous for its stunning beaches, laid-back atmosphere, and vibrant local culture. The housing demand in Broome continues to rise, driven by population growth, tourism, and its proximity to key infrastructure. This site offers a rare opportunity to capitalize on this growth and meet the demand for housing in one of Western Australia's most sought-after regions.
Development Advice:
General development and planning advice from WA Planning Commission is advised. Please note, this is for guidance only, and prospective buyers are advised to conduct their own due diligence.
Contact Details:
For further information or to discuss development opportunities, please contact Rueben directly at 0408 446 123.
Disclaimer: This property is currently under application for a residential zoning change to R-code R50, this zoning change is in the process of being approved with the WA Planning Commission.
Listing description written by Rueben Lee-Chi, PRD Broome — reproduced as published, not verified by Districts.