Giving property investors a an average capital gain of 9.14% for the last year, Port Macquarie, 2444 is the 1793th highest performer in Australia in this respect.
The five-year average increase in median property values for Port Macquarie,2444 has given property investors a potential capital gain of 43.68% across each of those five years.
Vendor discounting in Port Macquarie is giving property investors an average Vendor Discount of around -3.14%. This puts suburb at number 716th in NSW when ranking the most discounted suburbs.
Port Macquarie is 348th on a list of best yielding suburbs for rents in NSW with a 4.12% return
Over the last year, property investments in Port Macquarie, 2444 have given investors a capital gain of 10.00%. This compares favourably with the 8.39% for NSW as a whole.
If we look at median property appreciation over just the last three months, Port Macquarie has given property investors a paper return of 2.19%. This puts Suburb as 199 on a list of fastest fasting appreciating suburbs in NSW
Property investors looking for a bargain in Port Macquarie should be aiming for at least -3.61% off the asking price, which is the average vendor discount being achieved at the moment.
Port Macquarie is 119th on a list of best yielding suburbs for rents in NSW with a 4.73% return
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.