Thinking about buying in Mount Magnet? Now could not be a better time, with just 11 residential dwellings it's a highly sought after location. The aproximate distance to the coast is 315 Km.

Mount Magnet Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Mount Magnet driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. 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. The slightly lower than average earnings from occupations in Mount Magnet changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. 'Lower than average population density constrains growth in Mount Magnet 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 Mount Magnet 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.

Houses for sale Mount Magnet

	UNIT 2, 8 WILLIAM ST, PAYNESVILLE, VIC, 3880	2	1	1	$319,000
	10 VIEW ST, PAYNESVILLE, VIC, 3880	4	2	6	$985,000
	100 KING ST, PAYNESVILLE, VIC, 3880				$199,000 to $219,000
	30 ASHLEY ST, PAYNESVILLE, VIC, 3880	3	2	1	$535,000
	UNIT 30, PARKRIDGE VILLAGE, 5 CANAL RD, PAYNESVILLE, VIC, 3880	2	1	1	Please Call
	105 KING ST, PAYNESVILLE, VIC, 3880	3	2	2	$725,000
	99 LANGFORD PDE, PAYNESVILLE, VIC, 3880	3	2	2	$540,000 'NEW PRICE'
	16 CUMMING ST, PAYNESVILLE, VIC, 3880	3	1	2	Please Call
	3 ALICE CT, PAYNESVILLE, VIC, 3880	4	2	2	Please Call
	14 AH YEE PL, PAYNESVILLE, VIC, 3880	4	2	2	$519,000
	11 MARINA DR, PAYNESVILLE, VIC, 3880	6	2	2	$725,000
	65 KING ST, PAYNESVILLE, VIC, 3880	4	2	2	$555,000
	UNIT 2, 103 MAIN RD, PAYNESVILLE, VIC, 3880	2	1		$335,000
	18 THE GRANGE, PAYNESVILLE, VIC, 3880	3	2	2	$659,000
	UNIT 4, 54 MAIN RD, PAYNESVILLE, VIC, 3880	2	1	2	$270,000
	10 MCMILLAN GR, PAYNESVILLE, VIC, 3880	3	2	2	$750,000 - $785,000

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General Points of Interest

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