Sales Market Update

Sales Market Update

Sales Market Update

Wow another year has begun and with the most positivity we’ve seen for some time. January and February are usually very quiet with not too many sales but not this year. We have seen a great number of sold properties to start 2017, the best we’ve seen in a few years.
 
The Buyers are still predominantly owner occupiers which is great as this shows that there is still strong confidence in our town and people loving it enough to buy their home here and settle down. On top of this we have seen a few investors jump into the property market which is also a great confidence builder, and who wouldn’t want to invest in Broome with us still showing 5.6% gross returns.
 
On the horizon we are still confident that business is coming to town. There have been continual positive discussions with Sheffield in relation to the Thunderbird mineral sands mine between Broome and Derby. There has been some talk as well of Prelude coming sooner rather than later.
 
All in all things are looking like we will have a stronger year this year. Prices are not looking like they will change too much but we are at least getting turn over. At the moment with increased sales numbers and a lower amount of properties available it’s proving to be a positive market for Broome.
 
We love Broome, it’s a fantastic place to live, bring up family and invest. If you need any more information on what is happening please call us on 08 9192 2000 or email us on [email protected], we would love to help you get your own piece of paradise. 

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