Ray White Broome is pleased to confirm the successful off-market sale of 6 Napier Terrace, Broome.
PROPERTY SUMMARY:
Site Area: 994 sqm
The transaction is another positive indicator of the continued confidence we are seeing within the Broome commercial property market.
The Broome commercial market continues to perform well, with limited supply underpinning values and ongoing buyer activity. We continue to see solid demand for quality commercial property across Broome, including leased investments.
We currently have a number of qualified buyers actively seeking leased investment opportunities in Broome, with several purchasers having missed out on recent opportunities.
If you have been considering selling or leasing, or would simply like an updated opinion on value and current market conditions, please do not hesitate to contact our team for a confidential discussion.
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 60.42% increase in median value, while Units have seen a 75.10% increase. As at 30 April 2026:
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