Over the last year, property investments in Port Macquarie, 2444 have given investors a capital gain of 10.33%. This compares favourably with the 7.93% for NSW as a whole.
Over the longer term, Port Macquarie has seen property prices show investors a 26.88% return over the last 3 years. This is worse than over the last 12 months
At number 1146th of NSW’s most discounted properties, Port Macquarie is in the TOP 10% of the state/territory when listing in order of most discounted to least.
On average over the past year, suburb has had 66.50 sales per month, which equates to 798 per year.
Advertised rents are around the $435 mark per week – giving a return of 4.46% based on the median price in Suburb
Over the last year, property investments in Port Macquarie, 2444 have given investors a capital gain of 10.31%. This compares favourably with the 6.92% for NSW as a whole.
Across a shorter period, Port Macquarie, 2444 has seen a median price increase of -0.43% over the last quarter.
Port Macquarie2444 is located in NSW which offers an average discount of -4.46% to property investors. Port Macquarie itself is showing figures that indicate -3.09% is the average achievable by property buyers investing in the suburb.
Property investors should expect to get $345 weekly from the median priced house in this suburb.
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.