For Sale

5 Richardson Street, Mount Magnet, WA 6638

$200,000

House

Type

Bedrooms

Bathrooms

Parkings

965 m²

Area

Published on Monday, September 07, 2026 ( See property details for 5 Richardson Street, Mount Magnet, WA 6638)

$200,000

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AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A well-located, high-yield 3-bedroom house in Mount Magnet, ideal for investors or first-home buyers seeking comfort and convenience.

🏡 Property Highlights

High-yield investment opportunity with an 11% return
Prime location close to schools, shops, and public transport
Weatherboard and tin construction for durability
Open-plan kitchen and dining area with ceiling fan
Comfortable bedrooms with built-in robes and air conditioning
Long-term tenant in place providing immediate rental income

✨ Key Features

Built in robes
Air Conditioning
Ceiling Fans
Open-Plan Living
Gas
Bathroom with shower and bath
Separate toilet
Weatherboard construction
Tin roof
Long-term tenant

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5 Richardson Street

Mount Magnet, WA 6638

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Suburb and Property Insights of Mount Magnet, WA 6638

Mount Magnet is a charming rural town offering a peaceful lifestyle with essential amenities nearby. It boasts a strong community spirit, scenic landscapes, and excellent investment potential. The town provides easy access to schools, shops, and public transport, making it ideal for families and investors alike. Its strategic location ensures a relaxed yet connected living experience. With a growing demand for rental properties, Mount Magnet presents a promising opportunity for long-term growth.

Frequently Asked Questions

What is the condition of the property and are there any recent renovations?

The property is well-maintained with weatherboard and tin construction, and features modern amenities such as air conditioning and ceiling fans, with no recent renovations reported.

What are the nearby amenities and services available in Mount Magnet?

Mount Magnet offers essential amenities including schools, shops, and public transport options, all within easy reach of the property.

Is the current tenant on a fixed lease or periodic tenancy?

The property currently has a long-term tenant in place, paying $450 per week, providing immediate rental income.

Are there any planning or zoning restrictions affecting the property?

Zoning and planning details should be confirmed with the local council to ensure compliance with any restrictions or future developments.

What are the ongoing costs associated with the property, such as council rates and maintenance?

Ongoing costs include council rates, maintenance, and property management fees if applicable; specific figures should be obtained from the relevant authorities.

What to ask about this property to agent?

Are there any hidden costs or upcoming maintenance issues not disclosed? Has the property been inspected for structural issues or pest infestations? Are there any zoning restrictions or easements that could affect future use? Is the property located in a flood or bushfire-prone area? Are there any planned developments or construction projects nearby that could impact the property’s value or living conditions?

5 Richardson Street, Mount Magnet, WA 6638 - More Details

$200,000

Amazing 11% high yield house in the charming town of Mount Magnet for sale. 5 Richardson Street is 3-bedroom, 1-bathroom house. This is the perfect starter home or investment property. Situated close to various amenities and attractions. Enjoy the convenience of nearby schools, shops, and public transport options, ensuring that all your daily needs are within easy reach.

5 Richardson Street Loop featuring:
Weatherboard and tin construction
3 Bedroom, 1 Bathroom
Bedroom 1: Built in robe, wall air conditioner and ceiling fan
Bedroom 2: Ceiling fan
Bedroom 3: Ceiling fan
Bathroom: Vanity, shower and bath
Separate toilet
Kitchen: Double sink, oven, gas cooktop
Open kitchen and dining with ceiling fan
Lounge room with wall air conditioner and ceiling fan
Current long term tenant in place, $450 per week

For enquiries please phone: 0405 855 897

Type: House
Bedrooms: 3
Bathrooms: 1
Parkings: 1
Area: 965 m²
House Size: 106 m²

Map & nearby places — 5 Richardson Street, Mount Magnet, WA 6638

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