All About Cable Beach, Broome, WA, 6726

Cable Beach, located in Broome, Western Australia, is renowned for its stunning 22-kilometer stretch of pristine white sands and vibrant turquoise waters, making it an attractive spot for tourists and residents alike. The housing market in Cable Beach reflects its status as one of Broome’s most desirable locations, with a mix of luxury homes, charming beachside properties, and access to modern amenities. In recent years, the market has experienced fluctuations typical of tourist-centric locations, with periods of heightened interest driven by both local buyers and those from farther afield looking for a lifestyle change or a holiday retreat. The demand for property in Cable Beach often sees a rise during peak tourist seasons, which can influence pricing and availability. Buyers and investors are particularly drawn to the blend of leisure and luxury living that the area offers, making it a potentially lucrative investment for those interested in the rental market as well.

Living in Cable Beach offers a unique lifestyle that combines tranquil beachside living with the cultural richness of Broome. Residents enjoy a laid-back atmosphere with easy access to outdoor activities such as camel rides on the beach, swimming, and exploring the coastal environment. The community is diverse, with a mix of local Indigenous people, long-term residents, and newcomers brought in by the town’s economic growth and the allure of its natural beauty. Despite its serene setting, Cable Beach provides its residents with essential amenities and services, while the nearby town of Broome adds an extra layer of convenience with its shops, restaurants, and educational institutions. The lifestyle in Cable Beach also embraces the area's Indigenous heritage and multicultural influences, often reflected in local events and community activities. This combination of natural beauty, cultural richness, and modern amenities makes Cable Beach a desirable place for those seeking a harmonious blend of relaxation and community spirit.

Cable Beach Real Estate Market Outlook

Thinking about buying in Cable Beach? Now could not be a better time, with 3594 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $866,000 with prices in this suburb ranging from $198,000 to $2,304,000. Cable Beach 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

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. High average incomes in Cable Beach ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in Cable Beach provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Cable Beach requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Instant Property Valuation

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General Points of Interest

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