$175 —
Lower than 84% of urban centre areas.
- 2016: $150
- 2021: $175
Median weekly rent paid by households renting their home.
Mount Magnet · Urban Centre
Where and how people live — the homes, how they are held, and what they cost.
Much lower housing costs set Mount Magnet apart from most similar areas. The typical weekly rent is just $175, and home loan payments are far below the state and national figures. This creates an affordable environment where a high proportion of homes are owned outright.
All urban centre areas, 2021. The marker is Mount Magnet — lower than 84% of areas.
| Mount Magnet | $175 |
|---|---|
| 6638, WA | $175 |
| Western Australia | $340 |
| Australia | $375 |
Rents, mortgages and crowding.
Typical monthly mortgage payments of $535 are far below the Western Australian figure of $1,842. Rent is also very low, with 61.5% of renters paying under $200 a week, although this rose by $25 since 2016.
$175 —
Lower than 84% of urban centre areas.
Median weekly rent paid by households renting their home.
$535 ▼ -50.6%
Lower than 99% of urban centre areas.
Median monthly mortgage repayment for households with a mortgage.
In Mount Magnet, Under $200 is the majority at 73%; $200–$349 is next at 27%.
In Mount Magnet, Under $1,000 is the majority at 100%.
How homes are owned or rented.
Outright home ownership is well above the national figure at 40.7%. At the same time, 31.7% of households rent, which is much higher than most similar areas and well above the state average.
31.7% ▼ -12.1%
Higher than 76% of urban centre areas.
Share of occupied private dwellings that are rented.
40.7% ▼ -3.7%
Higher than 54% of urban centre areas.
Share of occupied private dwellings owned outright (no mortgage).
In Mount Magnet, the largest group is Owned outright at 40%, followed by Rented (31%) and Owned with a mortgage (14%).
Houses, townhouses, apartments and bedrooms.
Separate houses make up 93.5% of homes, a figure far above the national average. However, the area has fewer large homes than most, with 70.7% having three or more bedrooms, which is well below the Australian figure.
0.80 ▼ -27.3%
Higher than 57% of urban centre areas.
Average number of usual residents per bedroom — a crowding measure.
93.5% ▲ +16.4%
Higher than 50% of urban centre areas.
Share of occupied private dwellings that are separate houses.
70.7% ▼ -5.1%
Lower than 74% of urban centre areas.
Share of occupied private dwellings with three or more bedrooms.
In Mount Magnet, Separate house is the majority at 91%; Townhouse / semi-detached is next at 5%.
In Mount Magnet, 3 bedrooms is the majority at 55%; 2 bedrooms is next at 18%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in Mount Magnet [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/ucl/UCL521033/mount-magnet/topic/housing-dwellings