VelocityUP Logo
VelocityUP

Data-backed property wealth, simplified. We help you move from unsupported assumptions to professional certainty.

Platform

  • Retirement Planner
  • Market Analyzer
  • Portfolio Tracker
  • Purchase Workflows

Market Analysis

  • New South Wales
  • Victoria
  • Queensland
  • Western Australia
  • South Australia
  • Tasmania
  • Northern Territory
  • Australian Capital Territory

© 2026 Virtuous Labs Pty Ltd. All rights reserved.

Privacy PolicyTerms of ServiceFinancial Disclaimer
  1. Home
  2. TAS
  3. Derwent Valley
  4. Magra

Magra 7140

Market analysis for investment properties in Magra

Median Price

$560,000

Trend:Accelerating
+9.8%
Median Rent

$620/pw

Trend:Steady
Rental Yield

5.76%

Trend:Steady
Median DoM

370 Days

Trend:Accelerating
+168.1%
Market Analysis

Why investors are watching Magra right now.

Shopping amenities in Magra primarily include small local stores and markets catering to basic necessities. For a wider range of shopping options, residents often travel to larger nearby towns such as New Norfolk or Bridgewater, which offer supermarkets, shopping centers, and specialty stores.

Magra is serviced by a few primary schools within the Derwent Valley and Southern Midlands areas. The closest secondary schools are located in New Norfolk and Bridgewater, approximately a 15-20 minute drive away, providing a range of educational options for families with school-aged children.

Public transportation options from Magra to the nearest CBD in Hobart include bus services provided by Metro Tasmania. The most common route involves taking a bus from Magra to New Norfolk, then transferring to a connecting service to Hobart's CBD. The journey typically takes around 45-60 minutes by public transport.

Magra is surrounded by lush greenery and natural landscapes, characteristic of the Tasmanian countryside. Residents can enjoy the scenic beauty of the Derwent Valley region, with its rolling hills, forests, and river views. Outdoor enthusiasts have access to various recreational activities such as hiking, fishing, and wildlife spotting in the nearby wilderness areas.

The suburb's proximity to national parks like Mount Field National Park and wildlife reserves contributes to a tranquil and nature-oriented living environment. Residents can escape the hustle and bustle of urban life and immerse themselves in the peaceful surroundings of Tasmania's natural beauty, making Magra an attractive option for those seeking a quieter lifestyle amidst picturesque surroundings.

Loading Map...
Capital Growth

Historical Performance

Analyze long-term value appreciation, rental yield fluctuations, and median price trajectories.

Market Vitals

Market Dynamics

Deep-dive into transaction velocity, rental pressure, and supply pipeline indicators.

Unlock Market Vitals

See live suburb and LGA market signals.

The Ripple Effect

Explore Nearby Opportunities

Investors analyzing Magra often compare these adjacent markets for better entry points or higher yields.

View LGA Dashboard

Hayes

9531km from center

Median Price

$1.40m

+180.0%

Rental Yield

1.9%

Gross annual

Black Hills

9527km from center

Median Price

$1.20m

+125.3%

Rental Yield

2.7%

Gross annual

Lawitta

9535km from center

Median Price

$545k

+20.6%

Rental Yield

N/A

Gross annual

Strategy by LighthousePA

Where will Magra be in 2026?

Data provides the foundation, but strategy secures the wealth. If you're seeking clarity on Magra, let LighthousePA (Property Advisors) help you navigate the market and illuminate your next move.

  • Wealth Planning
  • Ownership Structuring
  • Buyers Advocacy
  • Property Negotiation
Consult LighthousePA
LighthousePA (Property Advisors) - Expert buyers advocates and investment strategists in Magra
LighthousePA Support

Expert Advice

LighthousePA

Investment Insights & FAQ

Frequently asked questions about the Magra property market in 2026.

As of March 2026, the Magra property market presents a dynamic investment landscape. Over the last 12 months, houses have seen an annual growth rate of 9.8%. These figures reflect the evolving demand within Derwent Valley, offering potential for capital appreciation.

Based on the latest market snapshot, median property prices in Magra range from $560,000 for houses to $440,000 for units. These values are calculated based on recent transaction data and current buyer activity across the Derwent Valley region.

For investors targeting cash flow, houses rent for $620 /pw with a 5.76% yield, while units rent for $450 /pw with a 5.32% yield. This rental performance is a key indicator of strong tenant demand within the Magra area.

Market Insights Last Updated: March 2026