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Aintree vs Magpie

Property investment comparison - Aintree, VIC 3336 vs Magpie, VIC 3352

Head-to-head across core investment metrics: Aintree wins 1, Magpie wins 3. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.

MetricAintreeMagpie
Median house price$705K-
Median unit price$575K$495K
Gross rental yield (houses)3.98%2.70%
Gross rental yield (units)2.49%3.33%
1-year house growth+1.1%-
3-year house growth-3.9%-
Vacancy rate14.5%1.6%
Population7,982368

Aintree vs Magpie: what the numbers say

For units, Aintree sits at a median of $575K against $495K in Magpie, which makes Magpie the more affordable unit market and Aintree the pricier one.

On cash flow, Aintree leads: houses there return a gross rental yield of 3.98%, compared with 2.70% in Magpie, a gap of 1.28 percentage points.

Rental vacancy is 1.6% in Magpie and 14.5% in Aintree, so landlords in Magpie face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Aintree is the bigger suburb, with a population of 7,982 against 368, roughly 22 times the size of Magpie; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Aintree for rental income, Magpie for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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Aintree vs Magpie: Property Investment Comparison (2026)