Question 1

Is Broadwater a nice place to live?

Accepted Answer

Broadwater is a coastal suburb on Geographe Bay near Busselton with a relaxed seaside character that blends permanent neighbourhoods and holiday homes. Its shoreline provides sandy beaches and calm water for swimming, fishing and boating, while inland streets are largely residential with a mix of older beach cottages and newer family homes. It feels quieter than the town centre and has a focus on outdoor recreation, and residents benefit from nearby Busselton shops, cafes and services a short drive away. The suburb appeals to families, retirees and anyone after an easy coastal lifestyle.

Broadwater is home to 4,269 people, with a median age of 53 and a median household income of $1,232 a week, roughly $64,064 a year.

Families are dominated by couple households: couple families without children are the largest group at 53.2%, and couple families with children make up 32.8%. One-parent families account for 13.3% and other families 0.6%, so couples with and without children together make up 86.0% of all families.

In Broadwater, owner-occupation is the norm: 39.5% of homes are owned outright and 36.0% are owned with a mortgage, a combined owner-occupied share of 75.5%, while about one in four households (24.5%) are rented.

Question 2

Is it expensive to live in Broadwater?

Accepted Answer

On these figures, housing in Broadwater looks stretched against what a typical local household earned at the last Census. A house rent of $850 a week would take about 69.0% of a typical local household's weekly income at the last Census, a large share of income. The median house price of $1,150,000 is about 18.0 times a typical local annual household income at the last Census, which sits well above local incomes, so buying is particularly far out of line with the Census income benchmark.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Broadwater a good place to invest?

Accepted Answer

The most striking moves in Broadwater over the past 12 months are the strong rise in house values and the sharp fall in unit values. Median house values climbed 28.3% while median unit values fell 14.2%, and house rents rose 13.3% over the same period.

For someone weighing Broadwater up as an investment, the figures show capital growth this year was concentrated on houses, and the rent a house earns also increased notably; units moved in the opposite direction. Which outcome matters to you will depend on whether you prioritise capital growth or rental income.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	$1.15M	N/A
Change in value Past 12 months	28.3%	-14.2%
Sold Past 3 months	11	4
Median days on market Past 12 months	7	124
Average rent Past 12 months	$850	N/A
Change in rent Past 12 months	13.3%	N/A

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