FOR SALE
$230,000

Back River Road
Magra TAS 7140

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 777m2
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Welcome to McKenzies - 269 Back River Road Magra!

There's never been a better time to consider investing in land. Take a look at these near flat blocks, approx. 777sqm, situated on the fringe of the ever-growing township of New Norfolk that include all services as well as NBN. You'll need to be quick to secure this land to build your dream home or as a solid investment for your future. Purchasing a vacant block of land here is a breeze, the advantage is that the titles to the land have been released and all is ready to start construction straight away (STCA). Come to the recreational town of New Norfolk and get your own piece of land at a great price in an idyllic location that offers beauty, security, community, and affordability and just beckons you onto the adjoining golf course for a round - why wouldn't you?
Positioned in a rural-residential location, merely a 5-minute drive to all the services New Norfolk has to offer, including a major supermarket, various schools, shops, and cafés, furthermore Hobart's CBD is approx. 30-minute scenic drive away.
Call Andrew today for further information!
• Modern development, available Now!
• Situated on the fringe of the ever-growing township of New Norfolk
• Approx 777sqm, near flat land
• The advantage is titles have been released - start construction straight away (STCA)
• New Norfolk is an idyllic location that offers security, community, and affordability
• Positioned in a rural-residential location
• Merely a 5-minute drive to all the services New Norfolk has to offer
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Property Details for 269 Back River Rd, Magra

Building Type
Land
Land Size
777m2

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About Magra 7140

The size of Magra is approximately 27.9 square kilometres. It has 4 parks covering nearly 34.2% of total area. The population of Magra in 2011 was 826 people. By 2016 the population was 714 showing a population decline of 13.6% in the area during that time. The predominant age group in Magra is 50-59 years. Households in Magra are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Magra work in a trades occupation. In 2011, 86.9% of the homes in Magra were owner-occupied compared with 93.7% in 2016.

Magra has 403 properties. Over the last 5 years, Houses in Magra have seen a 56.10% increase in median value, while Units have seen a 407.33% increase. As at 31 October 2024:

  • The median value for Houses in Magra is $560,153 while the median value for Units is $440,582.
There are currently 17 properties listed for sale, and no properties listed for rent in Magra on OnTheHouse. According to CoreLogic's data, 18 properties were sold in the past 12 months in Magra.

Suburb Insights for Magra 7140

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Andrew Hills
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PRDnationwide Hobart
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.