SwiftData Transient Macro Observability

I have a SwiftData model that includes a transient image, declared as follows:

@Transient
var image: UIImage?

It appears that SwiftData does not track changes to transient properties and so the following view will not update when the image changes from nil to an actual image.

ZStack(alignment: .topTrailing) {
    if let image = item?.image {
        Image(uiImage: image)
    } else {
        ProgressView()
    }
}

Ideally, the SwiftData model would still observe changes in transient properties and just not persist them. As such, other code that works with observable objects would work as otherwise expected.