Pannawonica, a small mining town in the Shire of Ashburton, Western Australia, presents a unique housing market largely influenced by its role as a support community for iron ore mining operations nearby. Housing here tends to be dominated by properties owned or leased by mining companies, reflecting the town's primary purpose of providing accommodation for employees working in the nearby mining sites. This corporate ownership can often lead to a limited number of private real estate opportunities, making the market relatively stable yet restricted for those not affiliated with the mining industry. The housing market in Pannawonica is less about fluctuation in property prices and more about the availability tied to the boom and bust cycles of the mining sector.
Living in Pannawonica offers a distinctive lifestyle, marked by a tight-knit community atmosphere where residents often know each other due to the town’s small population. The town provides essential amenities and facilities, such as a supermarket, a school, and recreational facilities, catering primarily to the needs of its mining employees and their families. The rugged and remote natural surroundings offer exciting outdoor recreational opportunities, such as hiking and exploring, making it ideal for those who enjoy a more isolated and adventure-driven lifestyle. However, as with many remote towns, residents may need to travel to larger cities for more extensive commercial and healthcare services. Overall, Pannawonica offers a peaceful yet industrious living environment, spacious enough for those intimately connected to the mining industry and those seeking a close community spirit.
Median Weekly Rent | $74.00 |
Median Monthly Mortgage | $3000.00 |
Median Persons Per bed houseroom | 0.90 |
Average Household Size | 2.00 |
Average Age | 39.00 |
Average Income | $1787.00 |
Average Cars Per Dwelling | 1.57 |
Average Properties Within 50M | 36 |
Housing Stock
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Thinking about buying in Pannawonica? Now could not be a better time, with just 372 residential dwellings it's a highly sought after location. The aproximate distance to the coast is 64 Km.
In Pannawonica there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Incomes in Pannawonica are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. Low average earnings from people in Pannawonica leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Medium density in Pannawonica necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. With very low industrial sector presence in Pannawonica the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
Instant Property ValuationPannawonica Primary School
(While the above schools are located with the suburb of Pannawonica there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
May | 1.1 | 17.2 | 30.9 | 25.3 | 83.2 | 4.0 | 17.3 |
Jun | 1.1 | 14.2 | 28.3 | 25.3 | 81.3 | 4.0 | 15.9 |
Jul | 0.4 | 12.1 | 27.6 | 25.1 | 83.8 | 3.4 | 16.4 |
Aug | 0 | 12.4 | 30.4 | 16.5 | 72.8 | 4.2 | 20.6 |
Sept | 0 | 14.6 | 32.4 | 17.1 | 76.8 | 4.4 | 24.6 |
Oct | 0 | 19 | 35.4 | 17.9 | 77.7 | 4.4 | 27.1 |
Nov | 0 | 21.7 | 36 | 25.8 | 78 | 5.2 | 32.0 |
Dec | 0.4 | 24.9 | 37.3 | 30 | 81.0 | 5.1 | 30.5 |
Jan | 1.8 | 25.6 | 36.6 | 38.4 | 87.4 | 4.5 | 25.4 |
Feb | 0.1 | 24.6 | 36.7 | 36.5 | 82.2 | 5.2 | 29.8 |
Mar | 0.3 | 24.5 | 36.2 | 30.7 | 89.9 | 4.1 | 25.8 |
Apr | 0.3 | 22.4 | 35.3 | 26.3 | 81.2 | 3.5 | 19.6 |
source: Australian Government Bureau of Meteorology
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