Chile Creek in Broome, Western Australia, is a relatively small and lesser-known community, which lends a unique character to its housing market. In recent years, Broome as a whole has experienced fluctuations due to various economic factors, including tourism trends, which are a significant part of the local economy. Housing in Chile Creek typically reflects the broader trends seen in Broome, with properties ranging from traditional, modest homes to more contemporary builds that cater to families and individuals seeking a balance between modern living and the laid-back, coastal lifestyle that Broome is known for. The market has been somewhat steady, with fewer dramatic price hikes compared to urban centers but enough movement to keep potential buyers and investors interested. The natural beauty of the area, characterized by stunning landscapes and proximity to the coast, adds intrinsic value to the properties.
Living in Chile Creek offers a serene and community-focused lifestyle, appealing especially to those looking to escape the hustle and bustle of city life. Residents enjoy close proximity to the iconic Cable Beach and the vibrant cultural tapestry of Broome, which includes a mix of Indigenous heritage and multicultural influences. The area is known for its strong sense of community, where neighbors often know each other, and local events are well-attended, fostering a tight-knit atmosphere. The lifestyle is greatly influenced by the natural environment, with outdoor activities such as fishing, beachcombing, and hiking being popular pastimes. While the area might not have the extensive conveniences of a larger city, such as comprehensive public transport or a vast array of shopping options, the trade-offs are considered worthwhile for those who cherish the tranquility and unique character of living by the sea in a renowned region like Broome.
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Housing Stock
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Thinking about buying in Chile Creek? Now could not be a better time, with just 0 residential dwellings it's a highly sought after location.
In Chile Creek there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. 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 Chile Creek due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. Low average earnings from people in Chile Creek leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
Instant Property ValuationNone within suburb boundary
(While the above schools are located with the suburb of Chile Creek 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 | 7.7 | 25.9 | 35.2 | 53.7 | 92.5 | 4.5 | 23.2 |
| Feb | 5.4 | 26.0 | 36.1 | 47.3 | 90.6 | 4.3 | 23.8 |
| Mar | 3.9 | 25.3 | 35.9 | 43.6 | 91.1 | 3.6 | 24.1 |
| Apr | 0.4 | 22.8 | 35.6 | 36.2 | 85.7 | 3.4 | 21.9 |
| May | 1.5 | 18.7 | 32.5 | 30.8 | 76.8 | 3.5 | 18.5 |
| Jun | 0 | 14.9 | 31.1 | 22.2 | 66.2 | 3.6 | 17.9 |
| Jul | 0.3 | 14.6 | 31.2 | 22.8 | 71.0 | 3.4 | 18.5 |
| Aug | 0.2 | 14.8 | 33.4 | 15.4 | 64.0 | 3.8 | 21.4 |
| Sept | 0 | 18.4 | 36.5 | 19.4 | 79.7 | 3.9 | 25.8 |
| Oct | 0.0 | 22.8 | 37.4 | 27.5 | 82.9 | 4.4 | 27.9 |
| Nov | 0.3 | 25.8 | 38.6 | 30.8 | 80.4 | 4.8 | 28.6 |
| Dec | 2.7 | 26.5 | 38.1 | 40.1 | 85.4 | 4.9 | 26.7 |
source: Australian Government Bureau of Meteorology
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