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.
$1,030,000
Last sold
6 Dec 2024
3
Bedrooms
2
Bathrooms
4
Car spaces
619 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
$1,030,000
6 Dec 2024 · derived via latest_sale
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.
Vs Broome
+39.0%
Median sale
Suburb $741,000
-2.02 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 619 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.
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 619 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 Broome Property SpecialistsThe home was meticulously built by renowned local builder Budd Watts of Budd Watts Homes, a company known for its unique and innovative property designs. Budd Watts' signature craftsmanship is evident throughout, with a focus on blending form and function, creating homes that are as stylish as they are practical. His exceptional attention to detail and ability to integrate the natural surroundings with modern architecture is what makes this property stand out as a one-of-a-kind masterpiece.
Nestled in the highly coveted Demco Drive, just a short stroll from Simpsons Beach, this stunning home offers a rare opportunity to experience the epitome of luxury living. Expertly designed across two beautifully crafted levels, this property seamlessly combines the charm of Bali and Broome, creating a truly exceptional waterfront residence.
Currently operating as a high-performing Airbnb for the owners and their personal holiday home, this versatile home presents an incredible investment opportunity, whether you choose to continue generating passive income or enjoy the property as your personal oasis. Surrounded by mature tropical gardens and towering palms, the home offers unparalleled peace and privacy.
The exterior features dual shade sails for ample parking, while the raised verandah with its striking entrance creates a warm and inviting welcome. The ground floor is thoughtfully designed to embrace Broome's renowned outdoor lifestyle. Two generously sized bedrooms with built-in wardrobes, a central main bathroom, and laundry are complemented by feature wood detailing throughout. The expansive verandah, along with the elevated polished wood deck, provides an abundance of space for outdoor living and entertaining, complete with a custom outdoor bar and kitchen.
A standout feature of the property is the resort-style heated pool and spa, fully shaded and surrounded by lush tropical greenery, providing the perfect private retreat for family enjoyment.
Additionally, the home is equipped with a solar power system, a significant advantage in Broome where high power bills are common. With this investment already in place, you'll not only save on energy costs but also avoid the long wait times typically associated with new solar installations. This setup ensures you can immediately enjoy lower energy expenses, further enhancing the property's appeal and long-term value.
Upstairs, the home is bathed in natural light, thanks to high ceilings, timber accents, and large louvre windows. The spacious, open-plan kitchen features polished wood floors, stainless steel appliances, a gas cooktop, and ample bench and storage space. The king-sized master suite is a true retreat, boasting a large walk-in wardrobe, an elegant ensuite with feature tiling, a dual vanity, and access to a private balcony that spans the length of the house.
The upper-level deck is purpose-built for entertaining, with multiple doors opening onto a polished wood balcony. With sweeping views, a timber-lined ceiling, black ceiling fans, and downlighting, this space is perfect for relaxing or hosting guests in style. There is even a glimpse of water views sitting in the right spot.
To learn more about this exceptional property or to schedule a private viewing, please contact Chris McCartney: 0437 519 630 or email: chris@broomepropertyspecialists.com.au
Shire approx. $4800pa
Water approx. $1500pa
Offering Vacant Possession at Settlement
Enquire for Airbnb management or Rental appraisal
Listing description written by Chris McCartney, Broome Property Specialists — reproduced as published, not verified by Districts.