29 Forrest Street, Broome WA 6725

4-bedroom house | Broome market declining | Forrest Street demand tight | no current listings available This property offers a rare opportunity in a street with no current listings and only two sales in the past year, giving a buyer a competitive edge in securing a house in an established residential area. The four-bedroom configuration with two bathrooms and double car spaces suits families or those seeking space in a town where median house prices are $595,000 and the property is listed above that, indicating it sits in a higher-value segment of the local market. The primary risk is Broome’s declining market, with annual property growth at -10.5% and a shrinking population, which may pressure future value appreciation. However, the recent sale of a larger house on the same street for $870,000 suggests some price resilience here, and the lack of competing listings could strengthen a buyer’s negotiating position. This property may suit those with a longer holding timeframe who value location and scarcity over short-term gains.