FOR SALE
Expressions Of Interest

Mount Magnet - Sandstone Road
Mount Magnet WA 6638

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 230372ha
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Inside the vermin proof fence with HIR Carbon Project

Expansive area inside the vermin proof fence.
Registered and Reporting HIR Carbon Project.
Situated between Mt Magnet and Sandstone with bitumen road frontage. Originally developed for sheep and now set up for cattle, with yards, fences and waters to suit,
Registered and reporting HIR Carbon project ERF121658 provides good cash flow.
300 plus mainly Droughtmaster cows with followers, 23 operational waters, only those currently being used running as part of the HIR management plan.
Comfortable airconditioned homestead set in established gardens with huge undercover outdoor area, quarters and sheds. Some plant and equipment is included.
Opportunity to increase cattle numbers and capitalise on other potential income streams due to location, size and available water.
For sale by 2 stage Expression of Interest. Phone Greg Smith 0428 486 806 for more information. Stage 1 closing 8th November 2024

Property Details for Mount Magnet - Sandstone Road, Mount Magnet

Building Type
Rural
Land Size
230372ha

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About 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 2011 was 532 people. By 2016 the population was 465 showing a population decline of 12.6% 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 $300 - $449 per month on mortgage repayments. In general, people in Mount Magnet work in a trades occupation. In 2011, 39.3% of the homes in Mount Magnet were owner-occupied compared with 53.9% in 2016.

Mount Magnet has 540 properties. Over the last 5 years, Houses in Mount Magnet have seen a 39.74% increase in median value. As at 30 November 2024:

  • The median value for Houses in Mount Magnet is $56,824 while the median value for Units is $179,914.
There are currently 3 properties listed for sale, and no properties listed for rent in Mount magnet on OnTheHouse. According to CoreLogic's data, 20 properties were sold in the past 12 months in Mount magnet.

Suburb Insights for Mount Magnet 6638

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Greg Smith
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Elders Real Estate Western Australia
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.