13/2 Murray Road, Cable Beach WA 6726
13/2 Murray Road, Cable Beach WA 6726
Resort villa near Cable Beach | three-month personal use | rental income potential | boutique complex with 124sqm internal space
This villa offers a rare combination of personal retreat and income property in a tightly held boutique complex steps from Cable Beach. The three-month owner-use allowance is the structural advantage hereโit gives a buyer genuine holiday access without sacrificing rental returns. The 124sqm internal area is generous for a villa, and the 228sqm lot provides outdoor space that most units in this price bracket lack. It suits a buyer who wants a secure, low-maintenance base in Broomeโs premium beach precinct with a clear path to partial cost recovery through short-stay letting.
The main risk is the 2021 purchase price of $362,500 against the current $430,000 askโa 19% lift in three years that may test recent market support. No recent comparable sales are available for this complex, so value confirmation requires direct agent negotiation and a rental feasibility check. The upside is the locationโs enduring demand from tourists and the limited supply of villas with owner-use clauses. Hold this property for both lifestyle and capital growth; use it personally in the off-peak months and lease it through the high season to offset holding costs.
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
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.