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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

  • Postcode

    6638

  • Population

    470

  • Local government

    Mount Magnet

Suburb prices

Median price data last updated 4 June 2026 containing transactions for the 12 month period ending May 2026
Source: Landgate/REIWA

Buy

$125,000

  • 2BR

    $60K

  • 3BR

    $125K

  • 4BR

    $135K

Buy

$23,000

  • Large land size

    $23K

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

Total growth

Mount Magnet
Mid West

Total percentage change in annual median house price over the last 1, 5 or 10 years.

Annual growth

Mount Magnet
Mid West

Average annual change in the median house price over 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.

Nearby schools

Mount Magnet District High School Combined Government 0.7km
Cue Primary School Primary Government 71.8km
Yalgoo Primary School Primary Government 118.3km
Meekatharra District High School Combined Government 175.5km
Pia Wadjarri Remote Community School Combined Government 177.5km
Perenjori Primary School Primary Government 215.8km
Morawa District High School Combined Government 220.1km
Western Australian College Of Agriculture - Morawa Secondary Government 220.1km
Karalundi College Secondary Non-government 230.5km
Our Lady Of Mount Carmel School Primary Non-government 233.9km

Property and demographics