Broome rentals rose 10% in March 2015 quarter

Broome rentals rose 10% in March 2015 quarter
Broome rentals rose 10% in March 2015 quarter

The far north WA town of Broome notched up a 10% rental growth in the March quarter, according to REIWA.

RENTAL MARKET MARCH 2015 QUARTER CHANGE FROM 3 MONTHS AGO CHANGE FROM 12 MONTHS AGO
Perth Metropolitan - Median Weekly Rent $430 -2.3% -5.5%
Perth Metropolitan - Vacancy Rate 4.4% 0.2% 0.9%
Mandurah-Murray - Median Weekly Rent $380 2.7% 0%
Mandurah-Murray - Vacancy Rate 6.4% 3.1% 3.6%
Bunbury Urban Area - Median Weekly Rent $368 0.8% 0%
Bunbury Urban Area - Vacancy Rate 4.2% -2.4% 2.4%
Geraldton-Greenough - Median Weekly Rent $360 12.5% 0%
Geraldton-Greenough - Vacancy Rate 7.3% -0.4% 3.1%
Kalgoorlie-Boulder - Median Weekly Rent $360 5.9% 0%
Kalgoorlie-Boulder - Vacancy Rate 3.1% 0.2% -1.9%
Albany Urban Area - Median Weekly Rent $320 -8.6% 0%
Albany Urban Area - Vacancy Rate 1.7% 0% 0.1%
Busselton Urban Area - Median Weekly Rent $395 -1.3% 0.5%
Broome Urban Area - Median Weekly Rent $600 10.1% 0%
Broome Urban Area - Vacancy Rate 0% 0% 0%
  1. Median prices and sales of properties are derived from Landgate data - Excludes properties > 1 Ha.
  2. Rental data obtained from surveys of REIWA members.

Jonathan Chancellor

Jonathan Chancellor

Jonathan Chancellor is one of our authors. Jonathan has been writing about property since the early 1980s and is editor-at-large of Property Observer.

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Broome Rental Growth

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