As of recent years, the housing market in NEEM, Broome, WA, presents a dynamic mix of opportunities and challenges for both buyers and renters. NEEM, a locality within the larger Broome area, benefits from the unique allure of Broome’s coastal charm, attracting individuals looking to invest in properties that offer lifestyle benefits combined with potential future growth. The area has seen a moderate increase in property prices, driven by its appeal as a tourist destination and its proximity to the pristine Cable Beach. Buyers find an array of options, from contemporary homes to traditional Broomestyle architecture, each offering a slice of tranquility and a connection to the region's rich indigenous culture. However, as demand grows, so do the pressures on the housing market, sometimes leading to increased competition and slightly inflated property values.
Living in NEEM, Broome, offers residents a laid-back lifestyle with a strong community feel, surrounded by striking natural beauty and vibrant cultural experiences. The town is a gateway to the Kimberley, providing numerous outdoor activities such as fishing, boating, and exploring the unique Dampier Peninsula, making it ideal for those who thrive on outdoor adventures. The multicultural community, rich in Aboriginal heritage, fosters a unique blend of cultural events and festivals, providing a lively social calendar. Residents enjoy the benefits of a small-town atmosphere with essential amenities, while still having access to Broome's more extensive facilities, including schools, shops, and healthcare, ensuring a comfortable lifestyle. The slower pace of life combined with the natural beauty and community spirit make NEEM a desirable place for those looking to escape the hustle and bustle of city life.
Median Weekly Rent | $ |
Median Monthly Mortgage | $ |
Median Persons Per bed houseroom | |
Average Household Size | |
Average Age | |
Average Income | $ |
Average Cars Per Dwelling | |
Average Properties Within 50M |
Housing Stock
Download 25 Mbps / Upload 5 Mbps
Thinking about buying in Neem? Now could not be a better time, with just 0 residential dwellings it's a highly sought after location.
In Neem 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 Neem 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 Neem 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 Neem 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
Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!