ABS 2021 Census · Updated 31 March 2026
Mount Magnet is a regional centre in Western Australia, Australia, with a population of approximately 583, making it a boutique locality. Located approximately 473 km from the Perth CBD, Mount Magnet is a regional area in Western Australia. The median household income is $61,984 AUD per year (ABS 2021 Census).
Mount Magnet's income profile suggests a value-oriented market with competitive purchase prices. Distance from major centres is a consideration, though regional markets can offer higher rental yields.
Map shows Mount Magnet, Western Australia, Australia.
Official Australia Post postcode for Mount Magnet. A postcode may cover multiple suburbs.
Australia Post Postcode Finder →Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.
ABS Census Data →Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.
State Rental Authority →Annual median household income (before tax) for all households. Source: ABS 2021 Census.
ABS Census Data →Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.
Estimated 1 school within or near this suburb based on ABS 2021 data.
Find schools near Mount Magnet on My School →Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.
Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.
ABS Census Data →Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.
ABS Census Data →As a regional centre, Mount Magnet serves a wide catchment area. Regional property can offer higher rental yields than metro equivalents, though investors should assess local employment diversity and infrastructure plans. The median rent of $175/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $535/month.
Long-term holding in Mount Magnet requires careful assessment of local economic resilience.
Achieving strong cash flow in Mount Magnet is challenging at current rent-to-price ratios.
Limited buyer depth in Mount Magnet makes flip strategies higher-risk — consider rental conversion instead.
Run the numbers on a Mount Magnet property
Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.
Create free account →Mount Magnet faces a cautious growth outlook for 2026 — investors should focus on yield rather than short-term gains. The rental pipeline in Mount Magnet is thinner — flexible lease terms could help secure tenants faster. Mount Magnet is not a headline market, but contrarian investors may see long-term potential.
Mount Magnet is a regional area in Western Australia with a population of 583. The median rent is $175/week and the median household income is $61,984/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.
Key demand drivers in Mount Magnet include regional employment hubs, lifestyle, and affordability. 56% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.
According to the ABS 2021 Census, Mount Magnet has a population of approximately 583. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.
Mount Magnet is approximately 473 km straight-line distance from the Perth CBD (calculated from ABS 2021 suburb centroid coordinates). As a regional or remote location, travel to the capital is significant — local amenities and employment are important investment considerations.