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Suburb Insights ยท WA 6398

Broke 6398, Western Australia

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Broke is a regional centre in Western Australia, Australia, with a population of approximately 17, making it a boutique locality. Located approximately 335 km from the Perth CBD, Broke is a regional area in Western Australia. The median household income is $46,800 AUD per year (ABS 2021 Census).

Investment Score

24 / 100 Weak

Broke's income profile suggests a value-oriented market with competitive purchase prices. Distance from major centres is a consideration, though regional markets can offer higher rental yields.

Location

Map shows Broke, Western Australia, Australia.

Key Indicators

Postcode
6398

Official Australia Post postcode for Broke. A postcode may cover multiple suburbs.

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Population
17

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$125/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

State Rental Authority โ†’
Median Household Income
$46,800/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
335 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$1,950/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
88% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

As a regional centre, Broke serves a wide catchment area. Regional property can offer higher rental yields than metro equivalents, though investors should assess local employment diversity and infrastructure plans. The median rent of $125/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,950/month. 88% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

Long-term holding in Broke requires careful assessment of local economic resilience.

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Rental Yield

Achieving strong cash flow in Broke is challenging at current rent-to-price ratios.

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Renovation / Flip

The resale market in Broke may not support quick-turnaround renovation projects.

Risk Factors

Run the numbers on a Broke property

Full Property Analysis

30-year projections for Broke

Scenario comparison, cash flow analysis, tax modelling, and PDF export โ€” all in one place.

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Broke faces a cautious growth outlook for 2026 โ€” investors should focus on yield rather than short-term gains. The rental pipeline in Broke is thinner โ€” flexible lease terms could help secure tenants faster. Sentiment is subdued, though improving local conditions could shift perceptions over time.

Frequently Asked Questions

Is Broke a good suburb for investment?

Broke is a regional area in Western Australia with a population of 17. The median rent is $125/week and the median household income is $46,800/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Broke?

Key demand drivers in Broke include regional employment hubs, lifestyle, and affordability. 88% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Broke?

According to the ABS 2021 Census, Broke has a population of approximately 17. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Broke from the Perth CBD?

Broke is approximately 335 km straight-line distance from the Perth CBD (calculated from ABS 2021 suburb centroid coordinates). As a regional or remote location, travel to the capital is significant โ€” local amenities and employment are important investment considerations.

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