There's never been a better time to invest in land.
Discover this near-flat vacant block of approximately 650sqm, ideally positioned on the fringe of the fast-growing township of New Norfolk. Fully serviced-including NBN-and with titles released, this property is ready for immediate development (STCA).
Offering outstanding flexibility for developers or investors, there is potential for up to five units (STCA) if the adjoining blocks are purchased together.
• Near-level vacant block of approx. 650sqm
• All services connected, including NBN
• Titles released - build immediately (STCA)
• Potential for up to 5 units (STCA) with the purchase of the adjoining block
• Peaceful setting with a pleasant outlook and strong lifestyle appeal
• Just 5 minutes to New Norfolk's shops, schools, cafés and major supermarket
• Only a scenic 30-minute drive to Hobart CBD
Set within a quiet rural-residential pocket, this is an idyllic location combining natural beauty, a welcoming community, and excellent affordability-perfect for your next development project or dream home site.
Secure your own piece of Magra today.
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 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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