Sold
28 Watson Street, Mount Magnet WA 6638
Sold price: $40,000
Sold: 30 Jul 2021
Sold
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2 Bedrooms
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1 Bathroom
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1 Car
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Landsize 1,012m2
House
View
Under Offer by the house SOLD word in Real Estate
Australia Wide Investor Alert
Ready to rent and just right for a caring tenant. A very presentable investment property is now available. Just needing minor tlc.
Here is a well located very affordable property in the important gold mining town of Mount Magnet. Very easy care. Kitchen/dining, separate living, air conditioning, patio and access to huge fully fenced rear yard with sheds/outbuildings.
Mount Magnet is a major centre and high demand for rental properties from locals and prospectors needing secure accommodation makes rentals very hard to find. Resultant returns can be very, very high.
Please call me for more in depth details and to arrange an inspection.
Property features
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Air conditioned
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Garages
1
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Insulation
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Gas HWS
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Laundry
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Reticulated
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Kitchen
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Septic
Property snapshot by reiwa.com
This property at 28 Watson Street, Mount Magnet is a two bedroom, one bathroom house sold by Phil Calpakdjian at Choice Property Group on 30 Jul 2021.
Looking to buy a similar property in the area? View other two bedroom properties for sale in Mount Magnet or see other recently sold properties in Mount Magnet.
Nearby schools
Mount Magnet overview
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
High end
$110k
Median
$90k
Low end
$88k
This listing
38.5 %
Annual growth
$90k
Annual median sales price
N/A
Annual median rental price
