Welcome to an exciting opportunity in this newly subdivided pocket of Magra! This 598m2 approx. parcel of land offers the perfect canvas for your next real estate venture!
Situated just a brief 2-minute drive from the vibrant township of New Norfolk, where a plethora of lifestyle services, eateries, supermarkets, and schools await, convenience and comfort are at your fingertips.
With the potential to build your ideal home (STCA), seize the chance to create a haven tailored to your lifestyle in this desirable location.
Embrace the promise of a vibrant community and the convenience of urban amenities while enjoying the tranquility of suburban living. Don't miss out on this exceptional opportunity to make your mark in Magra!
Ideal location
Build your dream home (STCA)
Situated within a new and expanding subdivision
Only a 2-minute drive to New Norfolk's town center
Less than a 45-minute commute to the Hobart CBD
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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