OFF MARKET

374 Back River Road
Magra TAS 7140

Bedrooms: 4
Bathrooms: 2
Car spaces: 3
Floor area: 159m2
Land area: 713m2
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Property Details for 374 Back River Rd, Magra

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.

Building Type
House
Year Built
2020
Floor Size
159m2
Land Size
713m2
Local Government
Derwent Valley
Lot/Plan
4/13703

Last Listing description (May 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.

Property History for 374 Back River Rd, Magra, TAS 7140

A timeline of how this property has performed in the market
Last Sold
$63,000
27 Mar 2018
  • 27 Mar 2018
    Sold for $63,000
  • 06 Mar 2018
    Listed for Sale Offers Over $70,000
  • 29 Feb 2016
    Sold for $90,000
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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 402 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, 16 properties were sold in the past 12 months in Magra.

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