Magra TAS 7140

Here you can find what you need to know about Magra, TAS, 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

$615k Median Sale Price (National Average $485k) 86th In TAS
32.97% Median Price Change (1 yr) (National Average 4.30%) 71st In TAS

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.

Magra, TAS 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.

Magra, TAS 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.

Magra, TAS 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 Magra


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State Auction Clearance Rates


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Local Schools


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Suburb Information

Magra, TAS 7140

Part of: Derwent Valley Council No data available

The size of Magra is approximately 27.9 square kilometres. It has 1 park covering nearly 5.2% of total area. The population of Magra in 2011 was 826 people. By 2016 the population was 714 showing a population decline of 13.6% 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 2011, 86.9% of the homes in Magra were owner-occupied compared with 93.7% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Magra

Demographic data provided
by Australian Bureau of Statistics


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