Mount Magnet · Urban Centre

Housing & Dwellings in Mount Magnet

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.

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📍 Mount Magnet, Urban Centre

Where Mount Magnet sits — Median rent (weekly)

$175
  • $0–$21: 2 areas
  • $21–$43: 6 areas
  • $43–$64: 18 areas
  • $64–$86: 38 areas
  • $86–$107: 35 areas
  • $107–$129: 46 areas
  • $129–$150: 25 areas
  • $150–$171: 104 areas
  • $171–$193: 82 areas
  • $193–$214: 143 areas
  • $214–$236: 130 areas
  • $236–$257: 175 areas
  • $257–$279: 114 areas
  • $279–$300: 125 areas
  • $300–$321: 194 areas
  • $321–$343: 101 areas
  • $343–$364: 128 areas
  • $364–$386: 82 areas
  • $386–$407: 92 areas
  • $407–$429: 41 areas
  • $429–$450: 24 areas
  • $450–$471: 32 areas
  • $471–$493: 13 areas
  • $493–$514: 19 areas
  • $514–$536: 14 areas
  • $536–$557: 9 areas
  • $557–$579: 6 areas
  • $579–$600: 15 areas

All urban centre areas, 2021. The marker is Mount Magnet — lower than 84% of areas.

Median rent (weekly) compared with the state and national average
Mount Magnet$175
6638, WA $175
Western Australia $340
Australia $375

Housing costs

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.

  • 2016: $150
  • 2021: $175

Median weekly rent paid by households renting their home.

$535 ▼ -50.6%

Lower than 99% of urban centre areas.

  • 2011: $1,083
  • 2016: $1,196
  • 2021: $535

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In Mount Magnet, Under $200 is the majority at 73%; $200–$349 is next at 27%.

Monthly mortgage distribution

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In Mount Magnet, Under $1,000 is the majority at 100%.

Owning & renting

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.

  • 2011: 36.1%
  • 2016: 41.1%
  • 2021: 31.7%

Share of occupied private dwellings that are rented.

40.7% ▼ -3.7%

Higher than 54% of urban centre areas.

  • 2011: 42.2%
  • 2016: 34.9%
  • 2021: 40.7%

Share of occupied private dwellings owned outright (no mortgage).

How homes are owned or rented

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In Mount Magnet, the largest group is Owned outright at 40%, followed by Rented (31%) and Owned with a mortgage (14%).

Types of homes

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.

  • 2011: 1.10
  • 2016: 0.70
  • 2021: 0.80

Average number of usual residents per bedroom — a crowding measure.

93.5% ▲ +16.4%

Higher than 50% of urban centre areas.

  • 2011: 80.3%
  • 2016: 90.1%
  • 2021: 93.5%

Share of occupied private dwellings that are separate houses.

70.7% ▼ -5.1%

Lower than 74% of urban centre areas.

  • 2011: 74.5%
  • 2016: 76.6%
  • 2021: 70.7%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In Mount Magnet, Separate house is the majority at 91%; Townhouse / semi-detached is next at 5%.

Bedrooms per home

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In Mount Magnet, 3 bedrooms is the majority at 55%; 2 bedrooms is next at 18%.

Sources

  • Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).

More for Mount Magnet

Cite this page

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