As of the latest data in 2023, the housing market in Nillargoon, a suburb of Broome, Western Australia, reflects a unique blend of demand driven by its strategic coastal location and the broader economic trends of the region. Known for its stunning natural beauty and proximity to iconic destinations like Cable Beach, Nillargoon attracts both investors and homebuyers seeking a laid-back lifestyle amidst breathtaking landscapes. The property market here has experienced moderate growth, with both established homes and new developments available, catering to a diverse range of preferences and budgets. While the surge in remote working trends post-pandemic has bolstered interest in suburban and regional living, Nillargoon benefits from this shift, drawing individuals who value its serene environment and beachside charm. The real estate market shows a healthy equilibrium, with demand generally meeting supply, although premium homes near the waterfront often command higher prices due to their desirable location.
Living in Nillargoon offers a tranquil coastal lifestyle that's highly appealing to both families and retirees seeking a slower pace of life away from city hustle. The community is characterized by a warm, welcoming atmosphere where residents enjoy the stunning natural scenery and the array of outdoor activities available, such as beachside picnics, fishing, and exploring nearby natural reserves. The cultural influence in Nillargoon is enriched by the presence of local Indigenous communities, making it a place of diverse traditions and rich historical narratives. Residents benefit from the area's relatively mild climate, with sunny days almost all year round, fostering an outdoor-centric lifestyle. Essential amenities like schools, healthcare facilities, and local shops are available, ensuring a comfortable living experience while still maintaining a rural charm. The suburb’s engaging community events and festivals further enhance its appeal, making Nillargoon a vibrant place to live for those who appreciate both natural beauty and a tight-knit community spirit.
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Housing Stock
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Thinking about buying in Nillargoon? Now could not be a better time, with just 0 residential dwellings it's a highly sought after location.
In Nillargoon 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 Nillargoon 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 Nillargoon 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 Nillargoon 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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