- Posted By Jasmine Adams
Along with the flurry and excitement that Broome is currently enjoying with increased visitors to town so too are people looking for accommodation. Staff have been difficult to find for a lot of local businesses, even just enticing them to move and the need to find them accommodation. Rental stocks are extremely low adding pressure to property prices.
Our team has certainly experienced increased enquiry and activity in our sales market. What has been great is to see the investor market again reignite which has been flat for approx 5 years with predominantly sales being for owner occupiers. When you compare the return on investment for a property in Broome compared to other areas it does offer a favourable option for investors even with the current rental increase hold in place.
A property that was on the market for 12 months is now under offer, as well as another that was on the market for 6 months. This is really encouraging for Broome and if you have been considering what your home or investment might be worth today we are more than happy to offer a complimentary appraisal which you can arrange here.
We also have new properties fresh to the market that are now selling within 30 - 50 days and some not even making it to market and selling prior. If you are serious about buying please register your interest with our team so you don't miss any opportunities before they come to market.
We are really excited for what the future holds for Broome and would love to help you with your property goals.