Over the last year, property investments in Cable Beach, 6726 have given investors a capital gain of 0.53%. This compares averagely with the -1.23% for WA as a whole.
When looking at the potential capital gains offered to property investors over the last 3 years, Cable Beach comes in at number 147th in WA.
Vendor discounting in Cable Beach is giving property investors an average Vendor Discount of around -6.52%. This puts suburb at number 100th in WA when ranking the most discounted suburbs.
Situated 1682.60km from the CBD, Cable Beach is one of Broome (S) localities in the postcode 6726.
Over the last year, property investments in Cable Beach, 6726 have given investors a capital gain of -32.58%. This compares very badly with the -3.08% for WA as a whole.
Over the longer term, Cable Beach has seen property prices show investors a -23.66% return over the last 3 years. This is worse than over the last 12 months
The most recent median price for Cable Beach is $150000, with sellers offering an average of -7.36% off the asking price.
On average over the past year, suburb has had 3.08 sales per month, which equates to 37 per year.
The WA suburb of Cable Beach, 6726 is in the Broome (S) local government area.
Information supplied by:
PRD Nationwide - Broome
Cable Beach WA 6726
Main selling points:
Cable Beach is one of the most popular suburbs in Broome. It is close to the iconic Cable Beach with many of the homes within walking distance. It is close to great services, walkways, parks, restaurants and bars.
Properties most in demand:
4 bed, 2 bath home with shed and pool
Steel framed custom orb homes. There are a number of two storey homes that line streets with views of the sands dunes but most are only one-storey.
Beach, Broome Recreation and Aquatic Centre, close proximity to shopping Facilities, Local Public Primary and Secondary School, Catholic Primary and Secondary School, Resorts, Bars, Cafes and Restaurants
Major businesses and employers:
Tourism, building, health, education, public service and mining
Six Seasons Janaburu development by Landcorp saw a release of land parcels in stages. This has led to many new homes being built.
Best areas and streets:
Sunset Park, Sunset Rise area or Six Seasons overlooking the sand dunes. Due to the proximity to the beach and local cafes and restaurants
The Broome town bus travels through the area which is every half an hour during the tourist season but only every hour during the off season. This is a great service but it is limited and doesn’t service some of the newer estates in Cable Beach such as the Six Seasons.
Access to attractions:
The beach is either a walk or short drive away – 5 mins drive max