Magill, SA 5072: Suburb Profile & Property Report

Market Report

House report
Unit Report

In Magill, the median property price for a house is currently $1,067,525 with annual capital growth of 17.70% . There were 144 house sales in the past 12 months. On average, houses spend 33 days on market.

If you're thinking about buying an investment property in Magill, consider that rental yields for houses are currently 3.11% with an average median rent of $630 weekly. Houses have seen 5.59% growth in the past quarter, and 17.70% growth in the past 12 months.

The size of Magill is approximately 3.5 square kilometres. It has 18 parks covering nearly 6.4% of total area. The population of Magill in 2011 was 8,229 people. By 2016 the population was 8,845 showing a population growth of 7.5% in the area during that time. The predominant age group in Magill is 30-39 years.

Households in Magill are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Magill work in a professional occupation. In 2011, 63.3% of the homes in Magill were owner-occupied compared with 65.1% in 2016.

In Magill, the median property price for a unit is currently $605,000 with annual capital growth of 20.04% . There were 59 unit sales in the past 12 months. On average, units spend 26 days on market.

If you're thinking about buying an investment property in Magill, consider that rental yields for units are currently 4.52% with an average median rent of $490 weekly. Units have seen -0.17% growth in the past quarter, and 20.04% growth in the past 12 months.

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Key Market Data	House	Unit
Median price	$1,067,525	$605,000
Quarterly growth	+5.59%	-0.17%
12-month growth	+17.70%	+20.04%
Average annual growth	+10.77%	+8.90%
Weekly median rent	$630	$490
Gross rental yield	3.11%	4.52%
Number of Sales (12m)	144	59
Avg. Days on Market (12m)	33	26

Jump to Market Trends

Key Demographics	2011	2016
Total population	8,229	8,845
Population change (5y)	+6.39%	+7.50%
Median household income (p/w)	$1,066	$1,256
Household income change (5y)	+16.25%	+17.82%
Median age of persons	41	39

Jump to Demographics Trends

Market Trends

Houses

Units

The Median Sale Price in Magill is $1,067,525 for houses and $605,000 for units.

The Median Growth in Magill over the past 12 months is 17.70% for houses and 20.04% for units.

Over the past 12 months there were 144 houses sold and 59 units sold in Magill. On average, houses spent 33 days on market and units spent 26 days on market.

In the past 12 months up to September 2024 there were 144 houses sold and 59 units sold in Magill. On average, houses spent 33 days on market and units spent 26 days on market.

1 Year 5 Years 10 Years

Houses

Units

The Median Rent in Magill is $630 for houses and $490 for units.

The Rental Yield in Magill is 3.11% for houses and 4.52% for units.

1 Year 5 Years 10 Years

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Demographic Trends

Better understand demographic trends by reviewing the latest suburb demographic data below.

Age groups Country of Birth Religious Affiliation Household Income Occupations Education Level Qualification Level

The population of Magill was 8,845 in 2016, a +7.50% change compared to 2011.

The predominant age group in Magill is 30-39 years.

The population of Magill was 8,845 in 2016, a +7.50% change compared to 2011.

The predominant age group in Magill is 40-49 years.

Most of the population in Magill were born in Australia.

Most of the population in Magill report their religion as No Religion.

Most of the population in Magill report their religion as Catholic.

Most of the population in Magill report their income range as between $78,000 and $130,000 .

The median household income in Magill was $1,256 in 2016, a +17.82% change compared to 2011.

Most of the population in Magill report their income range as between $15,000 and $31,000 .

The median household income in Magill was $1,066 in 2011, a +16.25% change compared to 2006.

Most of the population in Magill work as Professional.

The chart below demonstrates the various levels of education in Magill.

Most of the population in Magill reached a qualification level of Bachelor.

2011 2016

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