Magill vs Tranmere
Magill (median $1,325,000) is roughly 16% cheaper to buy into than Tranmere ($1,570,000). Over the past year, Tranmere (+16.3%) ran 16.5 percentage points ahead of Magill (-0.2%) on house-price growth.
Buying in Magill or Tranmere?
Selling in Magill? The free selling guide
Magill and Tranmere side by side
| Measure | Magill | Tranmere |
|---|---|---|
| Price and market | ||
| Median house | $1,325,000 | $1,570,000 |
| Median unit | $316,800 | $291,600 |
| House price change, 12 months | -0.2% | +16.3% |
| Renting | ||
| House rent | $720/wk | $680/wk |
| Unit rent | $580/wk | $570/wk |
| Owner occupied | 64.0% | 69.0% |
| Renter occupied | 30.0% | 30.0% |
| Schools | ||
| Schools nearby | 20 | 20 |
| Average ICSEA | 1099 | 1091 |
| Lifestyle and people | ||
| Walk score | 74 | 78 |
| Transit score | 0 | 0 |
| Bike score | 65 | 80 |
| Population | 9,693 | 4,136 |
| Median age | 40 | 40 |
| Climate | ||
| Annual rainfall | 687 mm | 535 mm |
| Mean max, January | 28.6°C | 29.8°C |
Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.
Which suits whom
Tranmere scores higher on walkability (74/100 vs 78/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Magill (1099) sits above Tranmere (1091).
- For buyers
- Magill is the lower entry point at $1,325,000 median, 16% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
- For investors
- Investors face a yield-versus-growth split: Magill delivers the better gross yield (2.83% vs 2.25%), but Tranmere has run faster on capital growth this year. The right pick depends on whether you're optimising for cash flow or capital appreciation.
- For families
- Magill edges out on average school ICSEA (1099 vs 1091).
Magill vs Tranmere: common questions
Is Magill or Tranmere cheaper to buy in?
Magill has the lower median house price at $1,325,000, roughly 16% below Tranmere ($1,570,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Which has stronger property growth, Magill or Tranmere?
Over the past 12 months, Tranmere grew +16.3% vs -0.2% in Magill, a gap of 16.5 percentage points. Twelve-month growth can swing year to year, so weight long-run trends from the individual suburb profiles before making a buy decision.
Does Magill or Tranmere have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Magill scores 1099 vs 1091 in Tranmere. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.
Which is more walkable, Magill or Tranmere?
Tranmere scores 78/100 on walkability vs 74/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.
Which suburb has higher rental yield, Magill or Tranmere?
Gross rental yield on houses is 2.83% in Magill vs 2.25% in Tranmere. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.
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