All About Five Mile, East Pilbara, WA, NULL
Five Mile, located in the East Pilbara region of Western Australia, is a small community that has seen subtle shifts in its housing market in recent years. The market here is defined by its regional context, influenced by fluctuations in the broader mining sector which is a significant economic driver for the area. Historically, property prices in Five Mile have been relatively stable compared to larger urban centres, yet they reflect the ebbs and flows of the mining industry. As such, during times of increased mining activity and investment, housing demand often rises, leading to a tight rental market and potential increases in property values. Conversely, downturns in the sector can lead to more housing availability and possibly lower prices. Investment in infrastructural projects also periodically influences the housing landscape, impacting both demand and supply dynamics.
Living in Five Mile offers a unique blend of remote rural life with a connection to the economic activity of the East Pilbara region. Residents often enjoy a close-knit community environment set against the backdrop of Western Australia's expansive outback. The lifestyle tends to be characterized by outdoor activities, with many residents engaging in pursuits such as hiking, bird watching, or exploring the striking Pilbara landscape. Despite its remoteness, Five Mile is not entirely isolated; there are essential services and community facilities that cater to the needs of the population. However, for more extensive amenities and shopping options, residents typically travel to larger nearby towns. The community spirit is a defining feature, with local events and gatherings playing a significant role in daily life, fostering a sense of connection and belonging among the residents.
Household Makeup
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Housing Stock
Local Internet Speeds
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Five Mile Real Estate Market Outlook
Thinking about buying in Five Mile? Now could not be a better time, with just 0 residential dwellings it's a highly sought after location.
In Five Mile 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. Low average incomes in Five Mile is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Five Mile 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. Lower than average population density constrains growth in Five Mile to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Five Mile the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
Instant Property ValuationLocal Schools
None within suburb boundary
(While the above schools are located with the suburb of Five Mile there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Five Mile 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 | 1.8 | 22.4 | 36.9 | 20.4 | 60.5 | 4.4 | 26.9 |
| Feb | 1.4 | 20.7 | 36.2 | 19.6 | 59.1 | 4.2 | 25.9 |
| Mar | 1.2 | 18.2 | 33.2 | 24.0 | 63.4 | 3.9 | 22.3 |
| Apr | 0.3 | 12.5 | 28.7 | 20.8 | 64.7 | 3.5 | 20.4 |
| May | 0.3 | 7.0 | 23.2 | 25.0 | 73.7 | 3.3 | 16.7 |
| Jun | 0.1 | 3.9 | 20.2 | 28.1 | 80.4 | 3.1 | 15.1 |
| Jul | 0.3 | 3.4 | 21.6 | 21.7 | 76.4 | 3.1 | 16.2 |
| Aug | 0.1 | 5.6 | 24.1 | 16.3 | 60.9 | 3.5 | 18.8 |
| Sept | 0.3 | 10.6 | 28.5 | 13.1 | 54.0 | 4 | 22.3 |
| Oct | 0.4 | 14.2 | 31.9 | 13.1 | 49.4 | 4 | 26.4 |
| Nov | 0.9 | 18.2 | 35.0 | 13.5 | 52.5 | 4.2 | 28.2 |
| Dec | 0.7 | 20.5 | 37.1 | 14.3 | 52.1 | 4.2 | 29.4 |
source: Australian Government Bureau of Meteorology
General Points of Interest
Albert Namatjira memorial - Greater then 10KM
Nearby Suburbs
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