2/1 Pepper Street, Magill SA 5072

Magill’s demand is driven by tree-lined eastern-suburbs lifestyle, Magill Road cafés, the UniSA Magill campus, and extremely tight supply metrics (0.13% listing rate, 0.41‑month inventory, sub-1% vacancy) that keep buyers competitive. Median houses sit near $1.3m with about 16% annual growth while units trade around $724k and, despite the last quarter flatlining for houses (‑0.9%) and pushing units +5%, the past six months have broadly held those levels. Redevelopment of the Magill campus will lock in green space and aged care by 2027 yet housing supply for the wider market only ramps when the university lease expires in the early 2030s, so the near-term risk remains that demand outstrips the thin stock while the long-term opportunity is the future mixed-use precinct.