What is the current median house price in MAGRA, TAS?
The median house price in MAGRA, TAS 7140 is $325,000 as of 2026. The median unit/apartment price is $231,400.
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Core Market Intelligence — May 2026
The median house price in MAGRA, TAS 7140 is $325,000 as of 2026. The median unit/apartment price is $231,400.
MAGRA presents a mixed investment picture that requires careful analysis. Key indicators include a rental yield of 5.8%. Investors should consider their strategy (capital growth vs yield) and conduct due diligence on local market conditions before making decisions.
The gross rental yield in MAGRA, TAS 7140 is approximately 5.8%, with a median weekly rent of $360. This is considered a strong yield for the Australian market.
MAGRA, TAS 7140 has a population of 1,800 with a median age of 42. The median household income is $48,298. 71% of residents are owner-occupiers.