Lot 43 - New Norfolk - Magra - AUD 662,298.00
Magra, Derwent Valley, TAS, 7140$ 662,298
Overview
Property ID: LA-21287
- House and Land
- Property Type
- 4
- Bedrooms
- 2
- Bathrooms
- 2
- Cars
- 161
Details
Updated on Mar 03, 2026 at 04:00 am
| Property Type: | House and Land |
|---|---|
| Price: | $ 662,298 |
| Land Price: | $ 200,000 |
| Build Price: | $ 462,298 |
| Gross Per Week: | $ 638 |
| Gross Per Annum: | $ 31,720 |
| Gross Yield: | 5.01% |
| Capital Growth 12 Months: | -2.08% |
| Capital Growth 10 Year Annualised: | 6.95% |
| Vacancy Rate: | 0.30% |
| Property Size: | 161 m2 |
| Land Area: | 545 m2 |
|---|---|
| Bedrooms: | 4 |
| Bathrooms: | 2 |
| Parking: | 2 |
| Title Status: | N/A |
| Property ID: | 21287 |
| SKU: | 1001 |
Description
*Please be advised that some lots/units may need confirmation of availability. Kindly ensure to check availability first by emailing or phoning us.*
Magra is a small rural locality in southern Tasmania, situated within the Derwent Valley region about 30 kilometres northwest of Hobart. Nestled between New Norfolk and Granton along the Lyell Highway, Magra offers a peaceful semi-rural lifestyle surrounded by rolling hills, farmland, and views toward the Derwent River. It is well suited to those seeking space, privacy, and a quieter environment while remaining within commuting distance of Hobart.
Local amenities within Magra itself are limited due to its low-density, rural character. However, residents enjoy the natural surroundings, open landscapes, and proximity to the Derwent River for fishing and outdoor recreation. Everyday services, medical facilities, community centres, and sporting clubs are available in nearby New Norfolk, which serves as the main hub for the Derwent Valley area.
Shopping options are primarily accessed in New Norfolk, where supermarkets, cafés, specialty stores, and essential services are located. For larger retail needs, residents typically travel to Glenorchy or Hobart, which provide major shopping centres, department stores, and broader dining and entertainment options.
Education for Magra residents is generally accessed in neighbouring towns. New Norfolk offers primary and secondary schooling options, including New Norfolk Primary School and New Norfolk High School. Additional schools and colleges are available in Glenorchy and Hobart, giving families a range of choices. Childcare and early learning centres are also located in nearby townships.
Transportation in Magra relies mainly on private vehicles. The Lyell Highway runs directly past the locality, providing straightforward access to New Norfolk, Glenorchy, and Hobart. Public bus services operate along the highway, connecting the area to surrounding towns and the Hobart CBD, though services are less frequent than in metropolitan suburbs.
Overall, Magra offers a tranquil rural lifestyle with scenic surroundings and convenient highway access to larger service centres. It is ideal for those who value open space and a country atmosphere while still being within reasonable reach of Hobart and the amenities of the Derwent Valley.
Disclaimer*
Reservation Requirements:
1. Completed EOI (Property Reservation form under Fusion CRM Online Forms)
2. Holding deposit receipt (amount TBA)
3. Copy of client's finance pre-approval letter/comfort letter from the broker
4. Copy of client's ID
All details shown have been provided by third parties, for full details and inclusions please refer to the land and building contracts.
Address
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Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.
Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.
Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.
SMSF Property Investing, when investing inside your SMSF there are some restrictions on how you can purchase investment properties. We use the following information to help navigate the SMSF investment property options.
This property is a single-contract property suitable for an SMSF.