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 locationBuild your dream home (STCA)Situated within a new and expanding subdivisionOnly a 2-minute drive to New Norfolk's town centerLess 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 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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