Broome rental market slips backwards

Broome rental market slips backwards
Broome rental market slips backwards

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 MARKET MARCH 2016 QUARTER CHANGE FROM 3 MONTHS AGO CHANGE FROM 12 MONTHS AGO
Perth Metropolitan - Median Weekly Rent $395 -1.3% -8.1%
Perth Metropolitan - Vacancy Rate 5.6% -0.4% 1.2%
Mandurah-Murray - Median Weekly Rent $340 -2.9% -8.1%
Mandurah-Murray - Vacancy Rate 5.4% 1.0% -1.0%
Bunbury Urban Area - Median Weekly Rent $340 -2.9% 0.0%
Bunbury Urban Area - Vacancy Rate 7.9% 2.2% 3.7%
Geraldton-Greenough - Median Weekly Rent $310 -3.1% -3.1%
Geraldton-Greenough - Vacancy Rate 9.0% 1.5% 1.7%
Kalgoorlie-Boulder - Median Weekly Rent $320 -8.6% -8.6%
Kalgoorlie-Boulder - Vacancy Rate 6.5% -0.5% 3.4%
Albany Urban Area - Median Weekly Rent $350 2.9% 0.7%
Albany Urban Area - Vacancy Rate 1.7% 0.2% 0.0%
Busselton Urban Area - Median Weekly Rent $400 0.0% -2.4%
Broome Urban Area - Median Weekly Rent $450 -8.2% -10%
Broome Urban Area - Vacancy Rate 0.0% 0.0%

0.0%.

Tags: 
Broome Residential Market

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