79 Durack Cres, Broome WA 6725
79 Durack Cres, Broome WA 6725
Spacious family home | low-density 704mยฒ lot | established dress-circle street | 4 bedrooms, 2 bathrooms, 4 car spaces | built 2006 with strong rental yield potential
This property offers a rare combination of generous site coverage and a quiet, elevated position in a sought-after Broome locale. The 187mยฒ building footprint on a 704mยฒ lot provides significant living space without overwhelming the block, appealing to families seeking room to grow. Its placement within the Broome Primary School intake area and reliable NBN and mobile coverage add practical convenience. The estimated rental return of up to $1,690 per week positions this house as a strong income-producing proposition, particularly for buyers targeting the premium end of the local rental market. It serves best as a long-term family home or a high-yield investment in a stable residential corridor.
The primary risk is the heritage overlay from the WA Aboriginal Places Register, which may impose restrictions on future renovations or extensions, potentially limiting capital uplift. No recent sold price data exists for this property, so the buyer must rely on street comparablesโ$740k to $900k for similar housesโwhich suggests the current asking range of $994kโ$1,015k sits at a premium. However, the absence of bushfire or flood overlays reduces insurance and compliance costs. The opportunity lies in holding the property for steady rental income while capital appreciation follows the broader Broome market trajectory. Use this house as a core holding in a diversified portfolio or a primary residence with built-in rental upside.
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
Market Insight:
Broome presents a market of constrained supply and robust rental demand, positioning it for investors seeking strong yields. Demand is driven by a tight rental market with rising tenancies, while new infrastructure projects signal future amenity. Recent price trends show divergence, with house values experiencing pressure but unit values demonstrating resilience. Key growth is underpinned by significant public investment, yet the critical constraint remains a persistent undersupply of housing stock with minimal new development planned.