Broome is a smaller suburb in Western Australia within the Broome local government area (postcode 6725). The area has roughly 3,797 residents and a blend of families and working-age professionals, with a median age of 36. Households earn a median income of $94K per year, with an average household size of 2.5 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.0% year-on-year at the LGA level. WA employment has moved +1.9% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. WA also had 24 Commonwealth-backed major projects under construction, 12 underway, and 12 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, community & personal service, managers. Employment in the area leans toward healthcare and accommodation & food. The top ancestries reported are Aboriginal Australian, English, Australian.
Median house prices in Broome stand at $737,000, having climbed sharply by 10.8% over the last twelve months. Units have a median price of $402,000 (+4% YoY). The current median weekly rent is $850. This gives a gross rental yield of approximately 6.0%. The median monthly mortgage repayment is $1,950.
Broome is served by 9 schools, including 4 primary, 1 secondary, 3 combined, 1 special. The average ICSEA score is 853, which is well below the national average of 1,000. Public transport access includes 15 bus stops. Healthcare facilities include 1 public hospital.
From an investment perspective, Broome shows a gross rental yield of approximately 6.0%, rated as high yield. Property prices are near the state median ($737K/$1.0M). The price-to-income ratio of 7.9x is considered moderate. House prices have moved +10.8% year-on-year. Population growth of +1.0% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.