FOR SALE
Prices Starting From $185,000

Lots/265 Back River Road
Magra TAS 7140

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Modern Development - Various Land Sizes - Available Now!

There's never been a better time to consider investing in land. Take a look at these near flat blocks situated on the fringe of the ever-growing township of New Norfolk that include all services as well as NBN. With over 40 blocks already sold, just ten remain with sizes ranging from 547m2 to 777m2, 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 in Back River Road 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, various land sizes, available Now!
• Situated on the fringe of the ever-growing township of New Norfolk
• Over 40 blocks already sold, just ten remain
• Sizes ranging from 547m2 to 777m2
• 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
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Property Details for Lots/265 Back River Rd, Magra

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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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Andrew Hills
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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.