This parcel of land is up there with the best you will find within easy commuter distance to Hobart. Just a 5 minute drive from New Norfolk the approximately 7 acres of fertile land has an existing fenced orchard, pasture, two water holes and with a light bush backdrop. Access is available from the existing driveway. There is a choice of fantastic building sites, electricity is close by and town water is available on a restricted supply. Lifestyle building blocks of this quality are becoming increasingly rare!
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:
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