52/11 Oryx Road, Cable Beach WA 6726
52/11 Oryx Road, Cable Beach WA 6726
Hazard uncertainty | Resort overlay risk | Small floor area | High entry relative to past | No income guarantee
The property carries conflicting hazard overlays between sources, meaning due diligence costs rise and lender appetite may narrowβthis reduces exit liquidity for the buyer. The 44mΒ² lot and 28mΒ² internal space limit owner-occupier demand and future capital growth, but the fully furnished resort-managed model delivers strong rental yield potential near 10 percent in a suburb with 14 percent growth. This is a cash-flow-first hold, not a land-banking play. The buyer should treat it as a managed income unit with a ceiling on resale value.
What makes this unit competitive is scarcity of turnkey resort stock under $250,000 with five pools in a tourism zone where 77 percent of residents are long-term. The kitchenette and ensuite with king bed suit short-stay tenants or a single professional seeking Cable Beach access without maintenance burden. It fits an investor prioritising yield over appreciation or a holiday buyer wanting lock-and-leave with professional management. To leverage the yield advantage, next step is to order a full strata report and confirm the bushfire and heritage overlay status with the Shire of Broome before making an offer.
Sales show 2016 at $95,000, 2019 at $97,500, and a peak at $310,000 in 2007βa volatile history that reflects resort pricing tied to tourism cycles rather than land value. The current ask of $225,000 sits between recent sales and the 2007 high, implying moderate upside only if rental income targets are met.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
Cable Beach presents a compelling investment profile, anchored by a robust rental market with high yields and strong tenant demand. The housing segment demonstrates consistent price growth and rapid turnover, indicating sustained buyer interest, while the unit market shows more varied performance. Demand is supported by a significant rental population, creating a solid investor base. Future growth is underpinned by constrained housing supply, though sensitivity to broader economic conditions remains a consideration for the market’s trajectory.