9 Farrell StreetBroome WA 6725
Property Details for 9 Farrell St, Broome
Last Listing description (October 2019)
The property known as 'The Broome Factory' has been listed for sale at $785,000 (ex GST,going concern) It is located on a large well treed lot of 3375 sqm with a warehouse of 216 sqm plus a covered work area of 72 sqm. There is also another workshop and plenty of space for expansion.At the rear is a octagonal residence/studio with slate floors . It needs a good renovation and tidy up but has great potential. Current rental return is $32,928 pa including GST and outgoings and the tenants are interested in staying on if that suits the new owner.
For inspection call Tony Hutchinson on 0418938198
Shire rates 5915.98
land size 3375sqm.
Property History for 9 Farrell St, Broome, WA 6725
- 02 Jan 2024Sold for $924,000
- 31 Jul 2018Listed for Sale $785,000
- 24 Aug 2017Listed for Sale $845,000
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0About Broome 6725
The size of Broome is approximately 5.8 square kilometres. It has 9 parks covering nearly 3.5% of total area. The population of Broome in 2011 was 4,290 people. By 2016 the population was 4,042 showing a population decline of 5.8% in the area during that time. The predominant age group in Broome is 30-39 years. Households in Broome are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Broome work in a professional occupation. In 2011, 33.7% of the homes in Broome were owner-occupied compared with 35.3% in 2016.
Broome has 2,227 properties. Over the last 5 years, Houses in Broome have seen a 58.55% increase in median value, while Units have seen a 43.50% increase. As at 31 July 2024:
- The median value for Houses in Broome is $564,351 while the median value for Units is $340,976.
- Houses have a median rent of $850 while Units have a median rent of $673.
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