Question 1

Is Magpie a nice place to live?

Accepted Answer

Magpie is a semi-rural suburb on the outskirts of Ballarat, with paddocks, established trees and larger residential blocks. The housing mix ranges from older farmhouses and modest family homes to hobby farms and newer single-level houses on generous, often treed lots, so residents live at low density with plenty of outdoor space. It is a small community of 368 people, with a median age of 48 and a typical household income of $2,097 a week. Households are dominated by couple families and most homes are owner-occupied (about 94.2%), while there are few commercial facilities within Magpie and residents rely on Ballarat for shops, schools and health services.

Magpie Primary School has received funded upgrades, including a replaced hardcourt and new fencing through the Schools Upgrade Fund and an outdoor inclusive learning space via the Inclusive Schools Fund. Transport works affecting the suburb’s southern gateway are planned to improve access to the school and surrounding roads, and new traffic signals at Albert Street and Docwra Street are in place. The Magpie Tank Bushland Reserve is the local Parks Victoria-managed open reserve. Whether Magpie suits you depends on whether you want a low-density, semi-rural lifestyle with outdoor space close to Ballarat’s services.

Question 2

Is it expensive to live in Magpie?

Accepted Answer

There haven't been enough recent sales or rentals in Magpie to publish reliable house or unit prices or rents. Without current price or rent figures, it's not possible to say how expensive it is to live in Magpie compared with local household incomes recorded at the most recent Census.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Magpie a good place to invest?

Accepted Answer

There haven't been enough recent sales in Magpie (VIC 3352) to produce reliable 12-month figures for how house and unit values and rents have changed. Without those published movements, there isn't a clear picture of how Magpie performed as an investment over the past year.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	N/A	N/A
Sold Past 3 months	2	N/A
Median days on market Past 12 months	N/A	N/A
Average rent Past 12 months	N/A	N/A
Change in rent Past 12 months	N/A	N/A

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