Magenta Suburb Profile

New South Wales 2261

Magenta has 375 properties. Over the last 5 years, Houses in Magenta have seen a 42.46% increase in median value, while Units have seen a 61.05% increase. As at 30 June 2024:

• The median value for Houses in Magenta is $1,273,028 while the median value for Units is $964,068.
• Houses have a median rent of $680 while Units have a median rent of $560.

The size of Magenta is approximately 7 square kilometres. It has 2 parks covering nearly 78.1% of total area. The population of Magenta in 2011 was 89 people. By 2016 the population was 213 showing a population growth of 139.3% in the area during that time. The predominant age group in Magenta is 60-69 years. Households in Magenta are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Magenta work in a professional occupation. In 2011, 51.7% of the homes in Magenta were owner-occupied compared with 55.6% in 2016.