OFF MARKET

586 Back River Road
Magra TAS 7140

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 86m2
Land area: 22900m2
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Property Details for 586 Back River Rd, Magra

586 Back River Rd, Magra is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1990. The property has a land size of 22900m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
House
Year Built
1990
Floor Size
86m2
Land Size
22900m2
Local Government
Derwent Valley
Lot/Plan
1/50640

Last Listing description (October 2023)

Welcome to your perfect country escape in the serene town of Magra, Tasmania! We are delighted to present this charming rural property for rent, boasting 3 bedrooms, 1 bathroom, a cosy wood heater, and a convenient reverse cycle heat pump. Surrounded by the breathtaking natural beauty of the Tasmanian countryside, this home offers a peaceful and comfortable lifestyle.

Property Features:
-Spacious and inviting living areas, perfect for relaxation and entertaining.

-Well-appointed kitchen with ample storage space, including a pantry.
-Three generously-sized bedrooms, providing plenty of room for the whole family or a group of friends.
-Modern bathroom with a shower, bath and vanity.
-Warm and inviting ambiance with a wood heater, ideal for chilly winter nights.
-Reverse cycle heat pump for convenient and efficient heating and cooling throughout the year.
-Expansive yard with ample space for outdoor activities, gardening, or simply enjoying the fresh country air.
-Stunning views of the surrounding countryside, offering a tranquil and picturesque setting.
- The property is shared with an onsite caravan that is occupied throughout the week.
- 6 acres of land with 3 acres suitable for livestock

Location:
Magra is a delightful rural town located in Tasmania just 5 minutes out of the main town of New Norfolk, known for its untouched natural beauty and peaceful atmosphere. This property is ideally situated to provide a serene countryside experience while still being within easy reach of nearby amenities. You'll have convenient access to local shops, schools, parks, and other essential services, ensuring a comfortable and convenient lifestyle.

Property History for 586 Back River Rd, Magra, TAS 7140

A timeline of how this property has performed in the market
Last Sold
$615,000
15 Sep 2021
Listed for Rent
$480/w
10 Aug 2023
  • 07 Jul 2023
    Listed for Rent $480 / week
  • 15 Sep 2021
    Sold for $615,000
  • 06 Sep 2021
    Listed for Sale Offers Over $550,000
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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 369 properties. Over the last 5 years, Houses in Magra have seen a 43.31% increase in median value, while Units have seen a 407.33% increase. As at 31 August 2024:

  • The median value for Houses in Magra is $530,927 while the median value for Units is $492,524.
There are currently 19 properties listed for sale, and no properties listed for rent in Magra on OnTheHouse. According to CoreLogic's data, 21 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.