Tranmere vs Magill.
Comparing two suburbs with median house prices of $1,511,500 and $1,490,000.
Magill (median $1,490,000) is roughly 1% cheaper to buy into than Tranmere ($1,511,500). Over the past year, Tranmere (+15%) ran 0.4 percentage points ahead of Magill (+14.6%) on house-price growth.
Tranmere scores higher on walkability (78/100 vs 74/100 ), 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 $1,490,000 median, 1% 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 (2.37% vs 2.29%), 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).
Common questions
Is Tranmere or Magill cheaper to buy in?
Magill has the lower median house price at $1,490,000, roughly 1% below Tranmere ($1,511,500). The gap on units is usually similar but worth checking on the full suburb profiles.
Which has stronger property growth, Tranmere or Magill?
Over the past 12 months, Tranmere grew +15% vs +14.6% in Magill, a gap of 0.4 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 Tranmere or Magill 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, Tranmere or Magill?
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, Tranmere or Magill?
Gross rental yield on houses is 2.37% in Magill vs 2.29% 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.
The numbers behind the take
Price & Market
Rental
Lifestyle & Demographics
Risk & Hazard
Schools
Climate
Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).
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