Buy
$82,500
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2BR
$60K
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3BR
$80K
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4BR
$85K
Mount Magnet
About Mount Magnet
Mount Magnet is a townsite in the Murchison goldfields, 569 kilometres northeast of Perth and 126 kilometres east of Yalgoo. Gold was discovered in the Mount Magnet area in July 1891 by the prospectors George Woodley and Tom Sampey. By late 1893 there was enough interest in the area for the government to consider declaring a townsite, and the survey was carried out in 1894 and the townsite gazetted in 1895. The railway to Mount Magnet was completed in August 1897, but it was not opened until July 1898. The railway closed in May 1978.
Mount Magnet is named after the nearby hill of the same name. The hill was named by the explorer Robert Austin in 1854, in consequence of the magnetic properties of the rocks on its summit. The Aboriginal name of the hill is Warramboo.
Mount Magnet quick stats
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Postcode
6638
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Population
470
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Local government
Mount Magnet
17.9%
Sales growth
$83K
* Median sales price
N/A
Rental growth
N/A
* Median rental price
Suburb prices
Source: Landgate/REIWA
Median price data last updated 25 April 2024 containing transactions for the 12 month period ending March 2024
Sales data is annual up to the latest completed month. Rental data is year-on-year 3-month rolling up to the latest completed month. Data in this graph is revised as more transactions are settled.
Source: Landgate/REIWA
Upper and lower quartiles
Upper quartile
$144K
Median
$83K
Lower quartile
$40K
Time on market
Days
78
Mount Magnet
Mid West
Total percentage change in annual median house price over the last 1, 5 or 10 years.
Suburb interest level
Average online views per property
Based on current reiwa.com user activity, you can see how Mount Magnet compares to the rest of the region
This is based on views of residential properties for sale in this suburb within the last 14 days.