29 Stewart Street, Broome, WA 6725 sold on 08 August 2025 | OnTheHouse
SOLD
Sold on 08 Aug 2025 for $975,000

29 Stewart Street
Broome WA 6725

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 110m2
Land area: 2027m2
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Property Details for 29 Stewart St, Broome

29 Stewart St, Broome is a 0 bedroom, 0 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 2027m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in August 2025. There are other 0 bedroom House sold in Broome in the last 12 months.

Building Type
House
Year Built
1970
Floor Size
110m2
Land Size
2027m2
Local Government
Broome
Lot/Plan
68/P222187

Last Listing description (October 2025)

This massive block in Old Broome is ready for development, offering incredible potential for a variety of residential projects. Located in central Broome on the corner of Stewart Street and Walcott Street, this prime piece of land is just a short stroll away from Broome's key attractions. Whether you're a seasoned developer or someone looking to build your dream project, this property offers endless possibilities.

With a proposed R-Code (R50) on 2027 sqm of land, it's ideal for multi-unit developments, providing the perfect foundation to create a modern, vibrant living space in Broome's thriving community.
Key Features:

Full-size original Old Broome block with a proposed R-Code (R50) zoning on 2027 sqm of prime land.
Corner block with dual frontage access to both Walcott & Stewart Streets, offering flexibility and potential for enhanced visibility or access.
Close proximity to local amenities: ChinaTown, Broome Hospital, Courthouse Markets, restaurants, and Broome International Airport are all within walking distance.
High demand for suitable housing in Broome, ensuring potential for strong rental yields or future growth in property value.
Great quality tenants already on standby, ready for occupancy once your development is complete.

Development Scenarios:
Scenario 1 - Single House Development:
Ideal for: A spacious single home or luxury residence.
Development Type: New single house built in accordance with R50 requirements.
Max Height: 3 storeys (11m).
Notes: This offers a more private, single-residential build while maintaining the space and potential for future growth.

Scenario 2 - Grouped Dwelling Development:
Ideal for: A small community of townhouses or clustered homes.
Development Type: Grouped dwellings in accordance with R50 requirements.
Yield: Up to 11 x Grouped Dwellings on the 2027 sqm lot.
Max Height: 3 storeys (11m).
Notes: A great option for providing modern housing solutions in Broome with multiple private residences in close proximity. **multiple government / corporate departments have expressed interest**

Scenario 3 - Multiple Dwelling Development:
Ideal for: High-density residential development.
Development Type: Multiple dwellings (apartments or units) in accordance with R60 requirements.
Yield: Approximately 16-20 x Multiple Dwellings on the 2027 sqm lot.
Max Height: 3 storeys (11m).
Notes: Perfect for developers looking to cater to the growing demand for housing in Broome with a focus on high-density living.

Why Broome?
Broome is one of Australia's most popular tourist destinations, famous for its stunning beaches, laid-back atmosphere, and vibrant local culture. The housing demand in Broome continues to rise, driven by population growth, tourism, and its proximity to key infrastructure. This site offers a rare opportunity to capitalize on this growth and meet the demand for housing in one of Western Australia's most sought-after regions.

Development Advice:
General development and planning advice from WA Planning Commission is advised. Please note, this is for guidance only, and prospective buyers are advised to conduct their own due diligence.

Contact Details:
For further information or to discuss development opportunities, please contact Rueben directly at 0408 446 123.

Disclaimer: This property is currently under application for a residential zoning change to R-code R50, this zoning change is in the process of being approved with the WA Planning Commission.

Property History for 29 Stewart St, Broome, WA 6725

A timeline of how this property has performed in the market
Last Sold
$975,000
08 Aug 2025
  • 08 Aug 2025
    Sold for $975,000
  • 05 Aug 2025
    Listed for Sale SOLD by PRD.
  • 25 Mar 2025
    Listed for Sale Offers from $987,000
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About Broome 6725

The size of Broome is approximately 5.8 square kilometres. It has 9 parks covering nearly 3.5% of total area. The population of Broome in 2016 was 4042 people. By 2021 the population was 3797 showing a population decline of 6.1% in the area during that time. The predominant age group in Broome is 30-39 years. Households in Broome are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Broome work in a professional occupation.In 2021, 37.10% of the homes in Broome were owner-occupied compared with 35.30% in 2016.

Broome has 2,237 properties. Over the last 5 years, Houses in Broome have seen a 67.08% increase in median value, while Units have seen a 60.17% increase. As at 31 January 2026:

  • The median value for Houses in Broome is $628,913 while the median value for Units is $389,468.
  • Houses have a median rent of $1,075 while Units have a median rent of $813.
There are currently 20 properties listed for sale, and 16 properties listed for rent in Broome on OnTheHouse. According to Cotality's data, 93 properties were sold in the past 12 months in Broome.

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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.