Magenta NSW 2261

Here you can find what you need to know about Magenta, NSW, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$1m Median Sale Price (National Average $485k) 687th In NSW
3.90% Median Price Change (1 yr) (National Average 4.30%) 1286th In NSW
$700pw Median Rent (National Average $395) 349th In NSW
3.6% Median Gross Yield (National Average 4.24%) 1003rd In NSW
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Properties sold 17
Average discounting -8.89%
Average Days on Market 121
Stock on Market 9 for sale

Investment Strategy Scores

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Magenta, NSW National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Magenta, NSW National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Magenta, NSW National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Property Prices in Magenta


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State Auction Clearance Rates - January 2019

Auctions Clearance rate
NSW 7 0%
QLD 13 17%
SA 2 50%
TAS 1 0%
VIC 4 0%

Local Schools


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Suburb Information

Magenta, NSW 2261

Part of: Central Coast Council No data available

The size of Magenta is approximately 7 square kilometres. It has 3 parks covering nearly 66.9% of total area. The population of Magenta in 2011 was 89 people. By 2016 the population was 213 showing a population growth of 139.3% in the area during that time. The predominant age group in Magenta is 60-69 years. Households in Magenta are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Magenta work in a professional occupation. In 2011, 51.7% of the homes in Magenta were owner-occupied compared with 55.6% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Magenta

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Magenta   for Houses in last 12 months


There have been 13 Houses sold in Magenta in the past 12 months with a median sale price of $1M, up annually. It takes on average 121 days to sell with vendor discounting of -8.89%.

Streets in Magenta


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