Marvel Loch, a small rural town nestled in the Shire of Yilgarn, Western Australia, presents a unique housing market largely influenced by its mining heritage and agricultural surroundings. The town’s housing market is modest, with properties predominantly comprising older homes and worker accommodations reflecting its history. Prices tend to be more affordable compared to urban areas, making it an attractive option for those looking to invest in property away from the hustle and bustle of city life. This affordability, however, comes with limited housing availability, given the town's small size and population. As a result, potential buyers or renters often find themselves navigating a niche market, influenced by the cyclical nature of the local mining industry.
Living in Marvel Loch offers a quiet, community-focused lifestyle, ideal for individuals or families seeking a peaceful rural environment. The town, though small, is situated within a region known for its natural beauty, offering plenty of outdoor activities like hiking and exploring nearby goldfields. With a strong sense of camaraderie among residents, community events often bring people together, fostering a close-knit atmosphere. However, amenities in Marvel Loch are limited, meaning residents might need to travel to larger towns nearby, like Southern Cross, for a wider range of services and shopping. Despite these limitations, Marvel Loch's charm lies in its simplicity and the opportunity to enjoy a laid-back lifestyle embraced by nature.
Median Weekly Rent | $150.00 |
Median Monthly Mortgage | $1829.00 |
Median Persons Per bed houseroom | 0.60 |
Average Household Size | 2.00 |
Average Age | 52.00 |
Average Income | $661.00 |
Average Cars Per Dwelling | 3.88 |
Average Properties Within 50M | 7 |
Typical 3 bed house |
Housing Stock
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Thinking about buying in Marvel Loch? Now could not be a better time, with just 297 residential dwellings it's a highly sought after location. The aproximate distance to the coast is 249 Km.
In Marvel Loch 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. Incomes in Marvel Loch are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. Low average earnings from people in Marvel Loch 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 Marvel Loch to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. 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 Valuation24 Lenneberg Street, Marvel Loch, Wa, 6426 | 3 | 1 | 2 | $99,000 OFFERS WANTED! |
None within suburb boundary
(While the above schools are located with the suburb of Marvel Loch there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 0.8 | 18.7 | 35.1 | 19.6 | 65.4 | 5.9 | 27.8 |
Feb | 0.9 | 18.1 | 33.5 | 24.7 | 70.0 | 5.5 | 23.6 |
Mar | 0.8 | 16.1 | 30.5 | 25.6 | 72.2 | 4.9 | 20.5 |
Apr | 0.6 | 12.4 | 26.8 | 29.6 | 76.0 | 4.1 | 16.4 |
May | 0.8 | 7.2 | 21.2 | 36.8 | 85.7 | 3.7 | 13.1 |
Jun | 0.6 | 4.7 | 18.3 | 43.3 | 91.1 | 3.3 | 11.1 |
Jul | 1.2 | 4.9 | 16.7 | 49.0 | 92.9 | 4.0 | 11.1 |
Aug | 0.9 | 4.9 | 18.7 | 42.2 | 91.1 | 3.9 | 14.2 |
Sept | 0.6 | 6.0 | 22.3 | 28.8 | 82.7 | 4.4 | 19.3 |
Oct | 0.8 | 10.7 | 27.5 | 21.8 | 73.1 | 4.9 | 23.8 |
Nov | 0.1 | 14.5 | 31.3 | 16.5 | 61.5 | 5.6 | 28.7 |
Dec | 0.3 | 16.4 | 33.2 | 16.6 | 63.0 | 5.5 | 29.5 |
source: Australian Government Bureau of Meteorology
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