386 Back River Rd, Magra is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1959. The property has a land size of 729m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in January 2009.
TOWN LIVING - COUNTRY LIFESTYLE
BUYER ENQUIRY RANGE $190,000 - $230,000 SITUATED LESS THAN 5 MINUTES DRIVE FROM NEW NORFOLK TOWN CENTRE AND ONLY 35 MINUTES FROM HOBART CBD YOU WILL FIND THIS GREAT OPPORTUNITY AT MAGRA. SOME OF THE MANY FEATURES INCLUDE A 3 BEDROOM BRICK VENEER HOME, SEPARATE SHOWER PLUS BATH, FUJITSU HEAT PUMP, SECURITY SYSTEM, SINGLE LOCK UP GARAGE AND LARGE GARDEN SHED, BOTH WITH LIGHTS AND POWER, ESTABLISHED GARDENS, SECURE BACK YARD, AND GREAT VIEWS. IDEAL FIRST HOME OR SUIT INVESTOR WITH POSSIBLE PROJECTED RENTAL RETURN OF $240-$260 PER WEEK.
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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