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Magill, SA 5072

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Magill, SA 5072 located in Adelaide to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Magill, SA 5072”

  1. The total adult population (15 years or older) of Magill 5072 SA is 8,046, with a median age of 40. Of those, 47.71% are married, 11.50% are divorced or separated, 34.44% are single and 6.40% are widowed.

    The average household size is 2.4 people per dwelling, and the median household monthly income is estimated to be $8,800. The median monthly mortgage repayment for households in this suburb is $1,950 which is 22.16% of their earnings.

    Source: ABS Census Data (2021)

  2. The suburb of Magill, 5072, situated in South Australia, is home to approximately 5,002 households. As of the third quarter of 2023, housing prices in Magill are typically valued at $1,058,564. The median weekly rental rate stands at $545, generating an indicative yield of 2.68%, which is slightly below the minimum market attractiveness requirement of 3% for cashflow-focused investors.

    Magill boasts a promising IRSAD score of 1034 out of 1217, reflecting a strong socio-economic status in the area. Furthermore, the area exhibits a balanced renter to owner ratio of 30%, this level falls within the favourable range, suggesting a good mix of rented and owned properties without risking oversaturation.

    The units to houses ratio is at a highly favourable 17%, indicating a predominance of houses which often attract families and longer tenancy agreements, thus offering the potential for stable rental incomes.

    Despite these positive indicators, the area displays a rather high Affordability Index at 47 years. This figure represents the estimated time required to fully own a property, and it suggests the area has reduced affordability, especially considering the average threshold for this indicator is 30 years.

    However, the housing market in Magill remains buoyant, evidenced by its stock on market Percentage for houses sitting at a neutral 0.48%. The dwelling inventory levels are at a favourable 1.84 months, suggesting a manageable supply. Additionally, the Building Approval Ratio for houses at 1.69% implies a healthy balance of enough new houses being approved without the risk of over-supplying the housing market.

    Houses in Magill are on the market for just 9 days on average; this short period signifies high demand in the area. The combined vacancy rate of houses and units is a low 1.07%, cementing the fact that Magill is a high demand suburb. The buy search index for houses culminates at a state average of 5, providing balance between supply and demand.

    In conclusion, while Magill 5072 has some fundamentals outside the ideal range, such as the Affordability Index and a slightly below-average indicative yield, several other key market indicators present potential investment opportunities. The low units to houses ratio, balanced renter to owner ratio, and significant demand metrics could position this suburb as a valuable addition to your property investment portfolio. Remember, trends are just as vital as current metrics, and it is crucial to watch for shifts in market conditions over time. For a more complex analysis, consider using the RCS (Relative Composite Score) as developed by HtAG Analytics which collates over 80 different property market metrics.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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