Broome is displaying strong investment fundamentals as of May 2026. With a vacancy rate of just 0.3%, rental properties in Broome are being absorbed rapidly by tenants — a clear signal of demand significantly exceeding supply. Days on market currently sit at 22 days, indicating buyers are competing actively for available stock.
Property values have grown 20.4% over the past 12 months, reflecting genuine market momentum and strong buyer competition. Rental yields of 6.4% provide solid income returns above the national average of approximately 4.5%. Building approvals in the area have declined 8.2% over the past 12 months, limiting future supply and supporting property values.
PropTime's composite model weighs these and 12 additional indicators to produce the 92/100 score — placing Broome among the top-performing suburbs nationally.
Broome is particularly suited to cashflow-focused investors. The 6.4% rental yield is above the national average, offering solid income potential.
Based on PropTime's analysis of 15 demand and supply indicators, Broome scores 92/100 — a Strong Buy signal. Key indicators include a 0.3% vacancy rate, 6.4% rental yield, and 20.4% price growth over the past 12 months. Create a free PropTime account to see the complete 15-factor breakdown and cashflow calculator pre-filled with Broome data.
The current vacancy rate in Broome is 0.3%. This is below 1%, indicating very tight rental demand. Properties are being leased quickly and tenants are competing for available rentals.
The gross rental yield in Broome is 6.4%. The Australian national average is approximately 4.5%, so Broome is above average — a positive sign for cashflow investors. Use PropTime's free cashflow calculator to model the full weekly cashflow for Broome.
PropTime's composite model scores Broome at 92/100 as of May 2026. Strong price growth of 20.4% over the past 12 months suggests positive momentum. Create a free PropTime account to access the full 15-factor analysis for Broome.
Broome scores 92/100 on PropTime. Similar suburbs by score include Bunbury, Mandurah, Bunbury South, all within the same WA market.