Broome rental market slips backwards

Broome rental market slips backwards
Staff ReporterDecember 7, 2020

Broome had the weakest rental market in WA in the March 2016 quarter.

It's median weekly rental was down 10 percent annually.

The rental data obtained from surveys of REIWA members.

RENTAL MARKETMARCH 2016 QUARTERCHANGE FROM 3 MONTHS AGOCHANGE FROM 12 MONTHS AGO
Perth Metropolitan - Median Weekly Rent$395-1.3%-8.1%
Perth Metropolitan - Vacancy Rate5.6%-0.4%1.2%
Mandurah-Murray - Median Weekly Rent$340-2.9%-8.1%
Mandurah-Murray - Vacancy Rate5.4%1.0%-1.0%
Bunbury Urban Area - Median Weekly Rent$340-2.9%0.0%
Bunbury Urban Area - Vacancy Rate7.9%2.2%3.7%
Geraldton-Greenough - Median Weekly Rent$310-3.1%-3.1%
Geraldton-Greenough - Vacancy Rate9.0%1.5%1.7%
Kalgoorlie-Boulder - Median Weekly Rent$320-8.6%-8.6%
Kalgoorlie-Boulder - Vacancy Rate6.5%-0.5%3.4%
Albany Urban Area - Median Weekly Rent$3502.9%0.7%
Albany Urban Area - Vacancy Rate1.7%0.2%0.0%
Busselton Urban Area - Median Weekly Rent$4000.0%-2.4%
Broome Urban Area - Median Weekly Rent$450-8.2%-10%
Broome Urban Area - Vacancy Rate0.0%0.0%

0.0%.

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