2 Jones StreetMount Magnet WA 6638
Property Details for 2 Jones St, Mount Magnet
2 Jones St, Mount Magnet is a 4 bedroom, 1 bathroom House with 1 parking spaces and was built in 1981. The property has a land size of 1010m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in January 2022.
Last Listing description (April 2022)
Accommodation is at a premium in Mt Magnet with lots of industry happening in and around the town. This little gem is perfect as a family home, base for a work crew or an investment property. Mortgage Choice reports a good rental yield in regional areas of above 5%. This property will return a potential gross rental yield of 13.68% with the rental market paying $250/week. Rental interest is high with many approaches made by Energy and Mining Companies in the last week. Due to the owners living in Queensland, managing this property privately has become too much of a challenge during COVID so it's time to sell.
A rare find with four bedrooms and a large corner block with front and rear access, this home also has:
- New carpet
- Builtin Wardrobes in all bedrooms
- Air-conditioned and wood heater
- New Gas Oven Cooker
- New Hot Water System
- New taps throughout
- Double locks and deadlocks installed
Property History for 2 Jones St, Mount Magnet, WA 6638
- 12 Jan 2022Sold for $70,000
- 19 Jul 2021Listed for Sale $70,000
- 01 Aug 2008Sold for $50,000
Recent sales nearby
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0About Mount Magnet 6638
The size of Mount Magnet is approximately 261.3 square kilometres. It has 10 parks covering nearly 0.7% of total area. The population of Mount Magnet in 2016 was 470 people. By 2021 the population was 583 showing a population growth of 24.0% in the area during that time. The predominant age group in Mount Magnet is 50-59 years. Households in Mount Magnet are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Mount Magnet work in a labourer occupation.In 2021, 54.70% of the homes in Mount Magnet were owner-occupied compared with 53.90% in 2016.
Mount Magnet has 538 properties. Over the last 5 years, Houses in Mount Magnet have seen a 82.05% increase in median value. As at 31 March 2026:
- The median value for Houses in Mount Magnet is $89,796 while the median value for Units is $179,914.
Suburb Insights for Mount Magnet 6638
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