FOR SALE
$325,000+

Lot 1, 504 Back River Road
Magra TAS 7140

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1ha
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Prime Land in the Derwent Valley!

Ideally located in the beautiful Derwent Valley, this block of land spans across one hectare (approx.). The landscape is adorned with lush, green pastures that enhance the natural beauty of the area. Characterized by rolling hills, this property offers breathtaking panoramic views of the surrounding countryside.
The block is located in the charming Magra area, which is only minutes from New Norfolk. Magra is known for its peaceful, rural setting and relaxing country atmosphere, while still being conveniently close to many essential amenities. You'll have the best of both worlds - tranquility and convenience.
Magra offers a friendly and welcoming community. Plus, the area is rich in history and natural beauty, making it a wonderful place to call home.
Contact the team today for more information!
The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, we cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information.
All timeframes and dimensions are approximates only.

Property Details for Lot 1, 504 Back River Rd, Magra, TAS 7140

Building Type
Land
Land Size
1ha

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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 405 properties. Over the last 5 years, Houses in Magra have seen a 61.78% increase in median value, while Units have seen a 407.33% increase. As at 30 November 2024:

  • The median value for Houses in Magra is $582,322 while the median value for Units is $447,800.
There are currently 18 properties listed for sale, and no properties listed for rent in Magra on OnTheHouse. According to CoreLogic's data, 15 properties were sold in the past 12 months in Magra.

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