The housing market in Broadwater, a charming suburb of Busselton, Western Australia, reflects a blend of coastal appeal and suburban comfort. Known for its proximity to Geographe Bay, Broadwater offers a variety of residential options, ranging from modern family homes to classic beachside cottages. The area's real estate market has seen consistent growth, fueled by a combination of its natural allure and the overall expansion of the Busselton region. With a median house price that remains competitive compared to other coastal suburbs, Broadwater attracts both property investors seeking growth potential and families looking for a serene yet vibrant community to call home. The suburb's appeal is further enhanced by infrastructure improvements and amenities that support a comfortable lifestyle, making it a notable contender in the local real estate landscape.
Living in Broadwater offers a quintessential coastal experience with the added benefits of suburban amenities and a strong sense of community. Residents enjoy easy access to pristine beaches perfect for swimming, fishing, and other marine activities, making it an ideal location for those who love the ocean. The nearby Busselton town center provides a range of shopping, dining, and entertainment options, ensuring that essentials and leisure activities are all within convenient reach. The suburb is also family-friendly, with several parks, schools, and community centers fostering a welcoming atmosphere. Additionally, Broadwater's location along the gateway to the Margaret River wine region allows for leisurely excursions to renowned vineyards and gourmet experiences. Overall, life in Broadwater offers a balanced lifestyle characterized by natural beauty, community spirit, and modern conveniences.
| Median Weekly Rent | $370.15 |
| Median Monthly Mortgage | $1794.75 |
| Median Persons Per bed houseroom | 0.68 |
| Average Household Size | 2.45 |
| Average Age | 49.45 |
| Average Income | $712.30 |
| Average Cars Per Dwelling | 1.86 |
| Average Properties Within 50M | 45 |
| Typical 1 bed house | $351,000 |
| Typical 2 bed house | $512,000 |
| Typical 3 bed house | $658,000 |
| Typical 4 bed house | $786,000 |
| Typical 5 bed house | $896,000 |
| Typical 6 bed+ house | $649,000 |
Housing Stock
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Thinking about buying in Broadwater? Now could not be a better time, with 2948 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $642,000 with prices in this suburb ranging from $64,000 to $2,531,000. Broadwater is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices
Consistent high demand relative to supply is a key feature in Broadwater driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Broadwater due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Broadwater provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Broadwater to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Broadwater the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
Instant Property ValuationWest Busselton Primary School
Vasse Primary School
Cape Naturaliste College
Cornerstone Christian College
(While the above schools are located with the suburb of Broadwater there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 1.2 | 14.2 | 23.2 | 54.4 | 87.0 | 5.2 | 24.9 |
| Feb | 1.2 | 14.7 | 22.3 | 61.5 | 90.8 | 5.0 | 20.8 |
| Mar | 1.3 | 13.3 | 21.6 | 59.0 | 91.0 | 4.6 | 16.0 |
| Apr | 1.8 | 11.2 | 19.4 | 58.0 | 91.5 | 4.5 | 11.4 |
| May | 2.6 | 9.3 | 16.8 | 61.6 | 92.3 | 4.3 | 8.4 |
| Jun | 2.3 | 7.1 | 14.6 | 66.1 | 94.6 | 3.9 | 7.2 |
| Jul | 2.9 | 6.9 | 14.1 | 67.2 | 94.8 | 4.3 | 7.3 |
| Aug | 2.5 | 7.3 | 14.9 | 62.6 | 94.0 | 5.2 | 10.2 |
| Sept | 2.2 | 8.5 | 17 | 57.1 | 91.8 | 5.2 | 14.8 |
| Oct | 1.7 | 9.9 | 18.7 | 59.1 | 91.4 | 5.2 | 19.3 |
| Nov | 1.3 | 11.2 | 19.9 | 57.9 | 91.0 | 5.3 | 22.3 |
| Dec | 1.6 | 12.9 | 22.1 | 56.4 | 90.1 | 5.3 | 26.2 |
source: Australian Government Bureau of Meteorology
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