Enjoy the benefits of living in the picturesque Derwent Valley in the historic township of New Norfolk amidst a flourishing and vibrant community and build the home of which you have always dreamed. This approx. 551sqm fully serviced block is level and cleared and is situated in Magra, just a few minutes from the major Township of New Norfolk. New Norfolk not only sits at the doorstep of some of Tasmania most tranquil and beautiful places, but it is also a bustling community, of shops, restaurants, and services. This block is a sound investment for today or for the future, so don't delay because it is not expected to last long. 551m2 Residential block Minutes to the Township of New Norfolk Full services Great Rural views Approx. 40 minutes to Hobart's CBD
The size of Magra is approximately 27.9 square kilometres. There are 4 parks, covering nearly 34.2% of the 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 390 properties. Over the last 5 years, Houses in Magra have seen a 69.85% increase in median value, while Units have seen a 156.64% increase. As at 30 April 2026:
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