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Magra
AREA REPORTS

Magra

Magra - SUBURB PROFILE REPORT
POSTAL CODE: TAS, 7140

house

Property investors enjoyed capital gains of 5.26% over the last 12 months in MAGRA, translating to lower returns compared with its peers in TAS.

Figures from the previous quarter show that capital gains for real estate buyers in MAGRA are low, as opposed to average gains per annum over the past five years.

The suburb posted a 35.5% growth in median prices over a three-year period. This is considerably higher than the gains it recorded over the past year.

On average, rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in MAGRA.

MAGRA, 7140 ranks 177th in TAS in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 129th on the list of best yielding suburbs for rental properties in TAS, posting a 0% return.

Data report can be found below

Magra
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $500,000 N/A
GROWTH REPORT
Median Quarterly 11.11% N/A
Median 12 month 5.26% N/A
Median 3 years 35.5% N/A
Median 5 years 75.44% N/A
10 years average annual 11.61% N/A
Weekly media advert. rent N/A N/A
Time on Market 0.0 days N/A
Gross Rental Yield Percent N/A N/A
demographics (median values)*
Total Population
10974
Weekly Household Income
962
Household Size
2.40
Age
44
Monthly Loan Repayment
1100
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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Top 10 Birth Countries
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