OFF MARKET

128 Saddle Road
Magra TAS 7140

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Floor area: 179m2
Land area: 20000m2
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Last updated 16 Dec 2024
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Property Details for 128 Saddle Rd, Magra

128 Saddle Rd, Magra is a 3 bedroom, 1 bathroom House with 4 parking spaces and was built in 1977. The property has a land size of 20000m2 and floor size of 179m2. While the property is not currently for sale or for rent, it was last sold in August 2021.

Building Type
House
Year Built
1977
Floor Size
179m2
Land Size
20000m2
Local Government
Derwent Valley
Lot/Plan
1/7961

Last Listing description (April 2023)

This comfortable unfurnished home situated in a rural environment about 5 minutes drive from New Norfolk is offered for a fixed 9 months lease from 22 April 2023 to the end of January 2024. This may best suit a couple or family who needs to rent while they are looking for a home to buy in the greater Hobart area. There is a ground floor 2-car garage. Please note that lease renewal beyond 9 months is not planned due to owners moving into the property then. If desired an alternative rental term of between 6 and 9 months is negotiable. Please also note that pets are subject to specific approval and agreement with the owners and this may depend on the pet and any likely impact on the property.

The rental includes NBN under a 60GB/month plan at no additional charge.

Property History for 128 Saddle Rd, Magra, TAS 7140

A timeline of how this property has performed in the market
Last Sold
$862,500
25 Aug 2021
Listed for Rent
$500/w
28 Apr 2023
  • 12 Apr 2023
    Listed for Rent $500 / week
  • 17 May 2022
    Listed for Rent $500 / week
  • 25 Aug 2021
    Sold for $862,500
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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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