Magill is a medium-sized suburb in South Australia within the Campbelltown (SA) local government area (postcode 5072). The area has roughly 9,693 residents and an established family demographic, with a median age of 40. Households earn a median income of $84K per year, with an average household size of 2.4 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.3% year-on-year at the LGA level. SA employment has moved +2.1% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. SA also had 23 Commonwealth-backed major projects under construction, 2 underway, and 11 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, clerical & administrative, community & personal service. Employment in the area leans toward healthcare and education. The top ancestries reported are English, Australian, Chinese.
The median house price in Magill is $1.5 million, having jumped by 11.8% over the past year. The current median weekly rent is $590. This gives a gross rental yield of approximately 2.1%. The median monthly mortgage repayment is $1,950.
Magill is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 1104, which is well above the national average of 1,000. Public transport access includes 40 bus stops. The crime rate in the Campbelltown (SA) LGA is below average at 2,641 incidents per 100,000 population.
From an investment perspective, The gross rental yield works out to roughly 2.1%, which reads as low yield. Property prices are above the state median ($1.5M/$950K), placing it in the premium segment. The price-to-income ratio of 17.7x is considered stretched. House prices have moved +11.8% year-on-year. Population growth of +1.3% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.