OFF MARKET

265 Back River Road
Magra TAS 7140

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 87m2
Land area: 40470m2
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Property Details for 265 Back River Rd, Magra

Building Type
Land
Year Built
1985
Floor Size
87m2
Land Size
40470m2
Local Government
Derwent Valley
Lot/Plan
1/110642

Last Listing description (May 2024)

Welcome to Lot 35, 265 Back River Road Magra - a stunning residential property that offers a unique opportunity to own a piece of paradise. This beautiful property is situated on a spacious 660 sqm land area, providing ample space for you to build your dream home.

The property is located in a peaceful and serene neighborhood, making it the perfect place to escape the hustle and bustle of the city. With a price guide of Buyers Guide $240,000 - $280,000, this property is a fantastic investment opportunity that is sure to offer you a great return on your investment.

The property is surrounded by natural beauty, with stunning views of the surrounding hills and valleys. The area is also known for its rich history, with many historical sites and landmarks nearby. Whether you're looking for a quiet place to relax or an adventurous place to explore, this property has something for everyone.

So, if you're looking for a beautiful residential property that offers peace, tranquility, and natural beauty, then look no further than Lot 35, 265 Back River Road Magra. Don't miss out on this fantastic opportunity - contact us today to arrange a viewing!

Property History for 265 Back River Rd, Magra, TAS 7140

A timeline of how this property has performed in the market
Last Sold
$1,200,000
21 Apr 2021
  • 02 May 2022
    Listed for Sale $205,000
  • 21 Apr 2021
    Sold for $1,200,000
  • 24 May 2001
    Sold for $140,000

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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 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:

  • The median value for Houses in Magra is $560,153 while the median value for Units is $440,582.
There are currently 17 properties listed for sale, and no properties listed for rent in Magra on OnTheHouse. According to CoreLogic's data, 18 properties were sold in the past 12 months in Magra.

Suburb Insights for Magra 7140

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Disclaimer
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.