- Posted By Jasmine Adams
Broome’s Real Estate market is showing strong signs of improvement. Properties priced realistically are being snapped up and there’s been an increase in enquiries.
Our team at First National Real Estate Broome has sold 8 properties so far this month; they include 6 houses, a unit and a commercial property. Homesales figures show Broome’s median house price is $460,000 and though prices are down 9 per cent on this time last year, it means buyers can afford to live in areas that were previously out of reach.
Our Principal, Allan Griffiths said it wasn’t just first home buyers benefiting, anybody selling to upgrade was also benefiting from this market.
First home buyers are encouraged to consider how affordable buying is now especially when they take into account what they may already be paying in rent. It may be as little as $450 per week but paying off your own mortgage instead of your landlords is a very good feeling and a positive step to your future. If you aren’t sure if you’re going to be in Broome long term don’t let that hinder your decision as we have a great property management team that will be able to help source you a wonderful tenant.
If you are thinking of taking the plunge and becoming a property owner or investor, 2017 is a great time to enter the market in Broome. The last few years have been difficult for many while there has been uncertainty in future projects and income for Broome however with Inpex and Shell now bringing some positive news it’s a great time to consider buying or selling. A recent ABC article also confirmed the positive outlook for Broome which you can read by clicking here http://www.abc.net.au/news/2015-05-29/broome-future-servicing-offshore-petroleum/6506734
For those fixated on getting a bargain there’s no better time than now, as a buyer you can enjoy reasonable prices rather than frenzied record prices we’ve seen in the past. We’ve teamed up with North West Finance to make this a very easy process for you. Simply click here to submit your details and arrange your complimentary appointment with Ian Poulter to discuss making buying a reality for you.