The size of Magarey is approximately 88.2 square kilometres. The population of Magarey in 2011 was 878 people. By 2016 the population was 5 showing a population decline of 99.4% in the area during that time. The predominant age group in Magarey is 50-59 years. Households in Magarey are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Magarey work in a managers occupation. In 2006, 72.3% of the homes in Magarey were owner-occupied compared with 76.1% in 2011..
Magarey has 47 properties. Over the last 5 years, Houses in Magarey have seen a 12.36% increase in median value. As at 31 October 2024:
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