All About Tom Price, Ashburton, WA, 6751
Tom Price, a small town nestled in the Pilbara region of Western Australia, presents a unique housing market influenced by its mining-centered economy. As primarily a service town for the nearby mines, housing demand in Tom Price can fluctuate with the mining sector's booms and busts. The real estate market is characterized by a mix of company-owned, private rental, and some owner-occupied homes. In recent years, there has been a noticeable interest from investors eyeing the rental yields due to the transient work population. This demand has kept property prices relatively stable, although they remain susceptible to global commodity prices and mining activities. The town's remote location and limited supply of properties can lead to competitive conditions, especially for quality family homes or modern accommodations.
Living in Tom Price offers a distinctive lifestyle, driven largely by its status as a mining town and its scenic surroundings. Residents enjoy a close-knit community atmosphere, bolstered by a range of local amenities, including schools, recreational facilities, and shopping centers tailored to meet the needs of its population. The stunning natural landscape, featuring the nearby Karijini National Park, provides ample opportunities for outdoor activities such as hiking, camping, and exploring gorges, appealing particularly to those who love nature and adventure. Life in Tom Price is marked by a sense of isolation, given its distance from major urban centers, which fosters a strong sense of community among its residents who often rely on local social networks and events. This isolation, while challenging at times, contributes to a unique and tranquil living experience, where community ties and the natural environment take center stage.
Household Makeup
| Median Weekly Rent | $36.67 |
| Median Monthly Mortgage | $1034.33 |
| Median Persons Per bed houseroom | 0.90 |
| Average Household Size | 3.00 |
| Average Age | 30.33 |
| Average Income | $1723.33 |
| Average Cars Per Dwelling | 1.93 |
| Average Properties Within 50M | 15 |
| Typical 1 bed house | $428,000 |
| Typical 2 bed house | $632,000 |
| Typical 3 bed house | $533,000 |
| Typical 4 bed house | $760,000 |
| Typical 5 bed house | $753,000 |
| Typical 6 bed+ house | $341,000 |
Housing Stock
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Tom Price Real Estate Market Outlook
Thinking about buying in Tom Price? Now could not be a better time, with 3066 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $572,000 with prices in this suburb ranging from $182,000 to $2,674,000. The aproximate distance to the coast is 209 Km.
In Tom Price 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 Tom Price are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. Low average earnings from people in Tom Price 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 Tom Price 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 Tom Price 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 ValuationProperties for sale Tom Price
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221 Cogelup Way, Tom Price, Wa, 6751 |  9 |
 4 |
 6 |
$1.9 million |
Local Schools
North Tom Price Primary School
Tom Price Primary School
Tom Price Senior High School
(While the above schools are located with the suburb of Tom Price there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Tom Price weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 2.4 | 26.3 | 40.6 | 19.7 | 63.7 | 4.5 | 25.9 |
| Feb | 1.7 | 25.7 | 40.0 | 19.5 | 59.2 | 4.1 | 25.5 |
| Mar | 2.3 | 23.6 | 36.9 | 22.9 | 65.4 | 3.9 | 22.1 |
| Apr | 0.5 | 20.0 | 34.2 | 20.4 | 54.5 | 3.6 | 18.9 |
| May | 0.6 | 14.7 | 28.8 | 21.8 | 56.6 | 3.3 | 16.6 |
| Jun | 0.9 | 11.6 | 24.7 | 28.0 | 72.2 | 3.6 | 14.3 |
| Jul | 0.3 | 10.2 | 25.1 | 23.9 | 63.1 | 3.6 | 15.8 |
| Aug | 0.0 | 11.1 | 28.3 | 15.7 | 48.6 | 3.7 | 19.4 |
| Sept | 0.1 | 14.0 | 31.9 | 11.8 | 40.4 | 4.0 | 23.4 |
| Oct | 0.1 | 18.6 | 36.5 | 10.8 | 38.6 | 4.0 | 26.4 |
| Nov | 0.2 | 21.9 | 38.9 | 10.5 | 41.0 | 4.4 | 29 |
| Dec | 0.6 | 24.7 | 40.8 | 13.4 | 49.8 | 4.2 | 28.5 |
source: Australian Government Bureau of Meteorology
General Points of Interest
Mountain View Sporting Club - Less than 2 KM
Clem Thompson Oval - Less than 2 KM
Tom Price Pool - Less than 2 KM
Old Haul Truck - Less than 2 KM
Nearby Suburbs
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