Why you need to be considering an Investment in Broome

Other than Broome being a great holiday destination what you probably don’t know is there is more to the town than tourism. Recently there have been some very favourable announcements about the area and we believe the market is certainly showing signs of recovery.
The vacancy rate has now reached its lowest point in years and while rents are not increasing there is certainly less now available putting pressure on the existing rentals available. While we don’t believe we will see an increase in rents at least for another twelve months, the buying price in today’s market really offers investors value.
When compared to investment returns of other areas in Australia, Broome certainly packs a punch with the prices in today’s market. Investments in Perth generally average between 2 and 4 % return compared with Broome which is sitting between 6 and 8%.

Like to know more? 

Below are just some of the great investment opportunities we have now available (please make sure you register below to find out more about securing yourself an investment in Broome). 

2 bedroom, 1 bathroom duplex in Cable Beach set on 463sqm.
$285,000  | Leased at $370 per week  | 6.75% Return
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Or a 2 bedroom, 1 bathroom unit in Cable Beach, lot size 112sqm, upstairs unit with balcony
$219,000  | Leased at $330 per week  | 7.83% Return
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Or a 4 bedroom, 2 bathroom house in a newer estate of Old Broome, lot size 600sqm
$497,000  | Leased at $670 per week  | 7.01% Return
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Compare this with a 2 bedroom, 1 bathroom villa in Como (Perth) that is rented at $300 per week and priced at $400,000 representing a return of 3.9%. Or a 3 bedroom, 1 bathroom house in Spearwood rented at $280 per week and priced at $500,000 representing a return of 2.9%.

Tempted to know more .... click here to register your interest for further information.

Now certainly is a great time to consider an investment in Broome.