Lot 1, 504 Back River Road Magra TAS 7140
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Prime Land in the Derwent Valley!
Property Details for Lot 1, 504 Back River Rd, Magra, TAS 7140
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 2016 was 699 people. By 2021 the population was 759 showing a population growth of 8.6% 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 2021, 92.30% of the homes in Magra were owner-occupied compared with 93.70% in 2016.
Magra has 389 properties. Over the last 5 years, Houses in Magra have seen a 63.81% increase in median value, while Units have seen a 407.33% increase. As at 31 October 2025:
- The median value for Houses in Magra is $625,379 while the median value for Units is $459,166.
Suburb Insights for Magra 7140
Market Insights
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