Port Macquarie has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of 8.70% to date .
If we look at median property appreciation over just the last three months, Port Macquarie has given property investors a paper return of 0.40%. This puts Suburb as 782 on a list of fastest fasting appreciating suburbs in NSW
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Port Macquarie, 2444. Typically our figures indicate that -3.08% is being offered, which puts this NSW suburb at 3505th most discounted overall in Australia.
Property investors who have had real estate in Port Macquarie, 2444 should be relatively pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 9.73%
Comparing Port Macquarie,2444 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
At number 372th of NSW’s most discounted properties, Port Macquarie is in the TOP 20% of the state/territory when listing in order of most discounted to least.
Port Macquarie, 2444’s gross rental yield is 5.22%
It might have the beaches and the lifestyle, but the bright future of Port Macquarie beyond a tourist destination and haven for retirees is now emerging.Full summary
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It might have the beaches and the lifestyle, but the bright future of Port Macquarie beyond a tourist destination and haven for retirees is now emerging.Close
Major infrastructure projects in the area include a $30m Charles Sturt University campus, which is expected to eventually become a full-scale university with upwards of 5,000 students.
It also benefits from more than $100m spent on medical infrastructure, in addition to millions spent on a new Kmart.
All this new building might have something to do with the fact that the population is expected to increase by 19.3% by 2031.
Furthermore, if residents ever feel the need to get to Sydney or Brisbane in a hurry, this suburb has its own regional airport to get them there.
Houses and townhouses are popular in this suburb. Townhouses on O’Brien Road can be picked up for around the $460,000.
They are near Shelly Beach and Waniora Shopping Centre.