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Unit 1,
263 BACK RIVER ROAD Magra TAS 7140

This property is Off Market

All about Magra Homes for sale in Magra


  • The Average property price in this area is $300,033, this is based on recent transactions.
  • Internet speed Download 50 Mbps / Upload 20 Mbps
  • Distance to the coast 30.74 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Powerlines within 200m 0
street view icon Street view
School Catchments

Property For Sale Nearby

Recently Sold Properties in this Area

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About New Norfolk

With an average age of 41, households expect an average monthly mortgage payment of $1,365 or a weekly rent payment of $225. The average family earns a weekly income of $1,839 with a typical household size of 3 and a 97.83% employment rate.

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Magra is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. A mix of professions and above average income earners in Magra provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Magra necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Public Transport

General Points of Interest


Population

(Country of Birth not stated 10%)

Are people healthy?

There are a recorded 905 asthma sufferers and 456 people living with diabetes. In addition, 381 people have a heart/vascular condition and 1150 people live with three or more chronic diseases.

A good place to invest in property?

New Norfolk a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

Tasmania State average 45 / 100

Income

24 / 100

41 / 100

Industry

46 / 100

40 / 100

Population

33 / 100

40 / 100

House Prices

54 / 100

65 / 100

Jobs

36 / 100

38 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Fairview Primary School
  • New Norfolk Primary School

    New Norfolk, TAS, 7140 State K-6


Property Story

Unit 1, 263 Back River Road, Magra, Tas, 7140 is a residential property . The estimated distance to the sea is 30.74km and 0.25KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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  • 134 Acme Avenue Street, Town, State

    Description - Details the application. Type and other information pertaining to the development application and more...

    Authority Reference: UX0909823-GOV Website

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The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.


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