MOUNT MAGNET 6638
State: WAPosiProp AI Investment Summary
MOUNT MAGNET (WA 6638) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 11.8% and has experienced a 12-month capital growth of Up 22.7%, with a median house buy price of $135,000. This combination provides a high-yield positive cashflow potential for investment portfolios in Australia.
Market Yield & Price Indices
$60,000
$160,000
$135,000
$135,000
Suburb Market Profile
Last month Mount Magnet had 2 properties available for rent and 0 properties for sale. Median sold prices over the last year is $135,000 for houses. If you are looking for an investment property, consider houses in Mount Magnet rent out for $575 PW with an annual rental yield of 11.8%. Mount Magnet has seen an annual compound growth rate of 22.7% for houses.
Top Yielding Suburbs in WA
Explore other high-yield positive cash flow investment markets in WA