Mount Magnet
WA, 6638
Thinking about buying in Mount Magnet? Now could not be a better time, with 855 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $89,000 with prices in this suburb ranging from $18,000 to $226,000. The aproximate distance to the coast is 304 Km.
Household Makeup
| Median Weekly Rent | $ |
| Median Monthly Mortgage | $ |
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| Average Income | $ |
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| Average Properties Within 50M |
Housing Stock
Average Property Prices
Mount Magnet Real Estate Market Outlook
In Mount Magnet 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 Mount Magnet 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 Mount Magnet 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.
Properties for sale Mount Magnet
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18 MOSES ST, MOUNT MAGNET, WA, 6638 |  |
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Under Contract |
Local Schools
Mount Magnet District High School
(While the above schools are located with the suburb of Mount Magnet there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Mount Magnet weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 0.8 | 24.2 | 38.6 | 18.3 | 50.1 | 5.5 | 28.4 |
| Feb | 1.9 | 23.2 | 36.6 | 23.3 | 59.0 | 5.1 | 24.8 |
| Mar | 1.2 | 21.2 | 34.1 | 23.6 | 57.6 | 4.7 | 21.1 |
| Apr | 0.3 | 16.9 | 29.7 | 25.2 | 62.2 | 4.1 | 18.0 |
| May | 0.4 | 11.1 | 24.0 | 28.8 | 69.9 | 3.9 | 14.6 |
| Jun | 1.2 | 8.6 | 19.4 | 41.3 | 85.6 | 3.8 | 12.3 |
| Jul | 0.8 | 7.4 | 19.1 | 39.4 | 86.2 | 3.9 | 13.2 |
| Aug | 0.4 | 8.8 | 22.0 | 29.7 | 77.8 | 4.2 | 16.2 |
| Sept | 0.4 | 10.6 | 25.1 | 23.0 | 69.4 | 4.6 | 21.5 |
| Oct | 0.3 | 15.4 | 30.6 | 17.4 | 57.0 | 4.9 | 25.7 |
| Nov | 0.4 | 18.6 | 33.5 | 17.1 | 54.8 | 5.4 | 28.7 |
| Dec | 0.7 | 21.6 | 36.5 | 15.9 | 48.9 | 5.3 | 30.0 |
source: Australian Government Bureau of Meteorology
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