170/122 Port Drive, Cable Beach WA 6726

170/122 Port Drive, Cable Beach WA 6726
This 1-bedroom, 1-bathroom unit built in 1988 sits within the Broome Vacation Village complex on Port Drive, Cable Beach. It offers 65 square metres of lot area and one dedicated parking space. The configuration is compact and typical for holiday-let stock, with no recorded aspect, floor level, or finishes beyond the basics. Its position within a tourist village directly behind Cable Beach gives it strong short-term rental potential and a clear budget entry point into a popular coastal suburb. The unit’s competitive strength lies in its location within a well-known holiday village that draws consistent seasonal demand from visitors and investors alike. Within Cable Beach, this type of compact one-bedroom unit occupies a practical niche: it is smaller than the typical two- or three-bedroom villas, making it more accessible for buyers seeking low-maintenance beach proximity without a premium price. The building’s 1988 construction is standard for the area and not a drawback given the village’s ongoing maintenance infrastructure. This property serves best a buyer looking for a reliable holiday rental asset or a modest permanent base for single occupancy with strong yielding potential. What may materially affect the unit’s value or sale price includes its position within a shared complex, where individual units can be influenced by the condition and management of common areas. Seasonal tourism fluctuations might impact rental income consistency, though the village’s established reputation often smooths that risk. The lack of private outdoor space or direct aspect could limit appeal for owner-occupiers seeking more privacy. Buyers should weigh the balance between low entry cost and the limited control over property configuration, while also considering that comparable units in the same complex have traded within a narrow band, suggesting stable but not rapidly appreciating pricing.
Detailed Independent Property Report prepared  by PropCred Analyst team for 170/122 Port Drive, Cable Beach WA 6726
Checks found:
Value Risk ! 1
Liquidity Risk ! 1
Planning Risk ! 1
Income Risk ✕ 2
Execution Risk ✕ 2
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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.
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PropCred Estimated Value

Bedrooms

1

Bathroom

1

Parking

1

Land

65m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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