374 Back River Rd, Magra is a 4 bedroom, 2 bathroom House with 3 parking spaces and was built in 2020. The property has a land size of 713m2 and floor size of 159m2. While the property is not currently for sale or for rent, it was last sold in March 2018.
This 713 m2 fully serviced block is situated at Magra just a few minutes from the major Township of New Norfolk in the forever beautiful and picturesque Derwent Valley. Being Zoned Local Business makes this block a sound investment as it offers the owners many options for potential use (STCA). The whole Derwent Valley area is experiencing ever increasing popularity with Tasmanian and Interstate people looking to relocate or invest into the relaxed lifestyle on offer and yet you are only apx 30 minutes from Hobart capital city.
Set amongst long established and recently built homes, on a school bus route with garbage and recycle collection, Town water, Sewerage and Telstra.
This block is a sound investment for TODAY OR THE FUTURE !!! Dont delay because at Offers Over $70,000 it is not expected to last long. Phone Steve for more information.
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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