All About Mount Magnet, WA, 6638
Mount Magnet, located in the Mid West region of Western Australia, presents a unique housing market that reflects its status as a small, historical mining town. The town has a relatively limited selection of homes, with properties primarily consisting of modest, single-family houses. Real estate prices in Mount Magnet tend to be more affordable compared to larger urban areas, making it an attractive option for those seeking budget-friendly housing. The local government and community often work together to preserve the historical charm of the town, which can be seen in some of the older architecture that dots the landscape. Overall, the housing market in Mount Magnet is characterized by its affordability and historical significance, offering a quaint, small-town feel for potential homeowners.
Living in Mount Magnet provides a lifestyle that is deeply connected to its historical roots and natural surroundings. The town is renowned for its rich mining history, and many residents are employed in related industries, contributing to a close-knit community spirit. Life in Mount Magnet is relaxed and laid-back, with a slower pace compared to urban centers. The town's remote location offers stunning outback landscapes and opportunities for outdoor activities like gold prospecting, hiking, and exploring nature reserves. Essential amenities are available locally, but larger commercial facilities require travel to nearby towns. Overall, Mount Magnet offers a simple, community-oriented lifestyle with the benefit of vast, beautiful landscapes, appealing to those who appreciate a quiet, rural existence.
Household Makeup
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Housing Stock
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Mount Magnet Real Estate Market Outlook
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.
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.
Instant Property ValuationProperties for sale Mount Magnet
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18 Moses Street, 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
Nearby Suburbs
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